Posts Tagged Reputation

The Value of a Good Reputation

When I was younger, my parents instilled the importance of having a good reputation. We were taught that personal status was not only a reflection of ourselves, but of our family as a whole. We learned to live our lives knowing that how we present ourselves in every situation would be a direct indication of our upbringing. Today, one of the most valuable assets of my company is our excellent reputation. Having good standing among our industry and existing customers is directly related to earning referrals and securing new customers.

I started writing this blog on a flight to attend glasstec, our industry’s premier event held in Dusseldorf, Germany. Weather delayed the flight for several hours and I found myself talking “shop” with a couple of colleagues on the same flight. They relayed stories regarding a particular glass fabricator with a well-deserved bad reputation. This company had been slow to pay their suppliers and was generally disreputable. Hearing these stories made me wonder how one could allow their companys’ reputation to become so sullied. Does the owner not realize that his companys’ reputation is a direct reflection of his own?

I know that every product we produce and every interaction with our customers is a reflection on us, our brand and, by extension … on me. At Galaxy, our employees have made a fundamental commitment to providing customers with quality products and education. They know that doing so is directly tied to their own reputations. It is simply a matter of pride. When you have pride in everything you do, it shows. The reward is perpetuating your good reputation for another day.

Building a good reputation takes time, effort and a group commitment. It is not achieved overnight and it is not something that can be done alone. Also, it is something precious that can be upset or lost in an instant.

There are many ways through which I ensure my company builds and maintains a good reputation. These include hiring the best employees, working with reliable vendors and generally surrounding myself, and our brand, with others who take pride in their work and are equally aware of the value of a good reputation.

We know that our customers have a choice when it comes to selecting custom glass, metal and stone services. And while we are confident that we provide the highest quality products and services, we understand that our customers may rely on our positive reputation to distinguish us from competitors. For this very reason, I can’t underscore the importance of engineering our good reputation by maintaining the very highest standards.

Reputation management isn’t just a matter of building a respected brand to increase sales and profits; it’s something I take very personally. After that conversation on the flight, I reflected on how I believe my company is regarded by our industry and was pleased with where we stand. Our commitment to service and quality has been the foundation upon which our reputation has been built. This perception has cultivated trust among our clients. It serves as a barometer of where we are and where we want to be, and it inspires us all to continue striving to be the best in our business.

I will continue to build, shape and protect the reputation of my company as staunchly as I would protect the reputation of my family. As you can see, I took my parent’s advice to heart back then and have applied that spirit across my business, and to our customers, the specifying community and our many industry friends.

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Branding Your Business – Quality Makes A Difference

The Glass Industry is a diverse, multifaceted and unique universe with significant opportunities for all market segments. In each category, there are a range of providers each known for a unique set of skills and features. From a marketing perspective, what we know and feel about these businesses is commonly referred to as their Brand.

In my view, when it comes to a competitive profile, the market can be divided into two main parts. The first category is the volume providers. What characterizes this group is volume capability, specific expertise and/or repetitive processes. Whether manufacturer or local glass shop, their sustainability depends on speed and efficiency. These innovators have developed processes for high efficiency, and an acceptable standard of quality for high volume production. Their Brand may be recognized for consistency and competitive prices as the result of particular skills of their workforce or proprietary factors inherent in their factory or shop.

The other part of the market, where my company earned its reputation, is in custom capability. It is challenging to play at this end (and, that is why I like it). Building your Brand here encompasses a host of different factors that requires special skills with every step.

Before entering our industry in 1974, I had the opportunity to study the glass business and determine my path. From day one, I was intrigued by how I might differentiate our company (which was then known as Galaxy Glass & Mirror) to make the business more attractive to my prospective customers.

In the ensuing years, we continually refined our focus, concerning ourselves with ways to blend our artistic creativity with market trends. We uncovered market niches, experimented with manufacturing techniques and identified shortcomings in ways that products were specified, manufactured, and installed.

These factors were significant in building the Galaxy® Brand and provided us with a strong product and service ‘story’ that made sense to our customers. But, that wasn’t always enough. Throughout the supply chain, there are points where the “copy-cats” try to emulate the leaders and negatively affect everyone. They may beat a price and win a job, but bring down the entire industry with poor quality products or shoddy installation. The one area that can’t be imitated is consistent quality.

Today our audience, the collective group of architects, designers, contractors and owners recognize that Galaxy quality has no equal. It’s a unique position and one that literally took over 30-years to establish. There is no shortcut to get there, but it is a journey worth pursuing in establishing your place in the minds of your prospects and customers.

For example, since we consistently create new designs and unique glass products, we are constantly communicating these new designs and materials to the architectural and design community. We assist in design development with a specialized sales team and follow through with products of impeccable finish in exact match to specification. There is much that goes into our products and some secrets that add to the mystery.

Whether your business is that of a volume provider or custom purveyor, we all must contend with ‘Value Engineering’. This is a process that challenges all of us and often compromises quality. In the absence of discernable features, price becomes the great equalizer. This ‘Brand’ is one dimensional … low price!

And, it is not the result of innovation, skill or proprietary process.

Whatever ball park you play in, bringing value to your brand is an end-to-end process. It’s all about how you treat your customers from first contact to final invoice and beyond.

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