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Education





                                                                                   and everything you can do or offer to
               It is no surprise that the small to midsize                         make the merchant happy that he or
           merchants we all started out chasing, and that                          she chose you.
                    some of us continue to chase, are                              Too often we put merchants on auto-
                                                                                   pilot, and when they leave, we usu-
             being acquired by the Squares and PayPals                             ally assume the reason is that they
          of the world. We have lost that channel market.                          wanted to save money. However,
                                                                                   many times it has to do with technol-
                 As much as this stinks, they may have                             ogy or customer service or just plain

                                done us a favor.                                   hands-on support. I have to admit
                                                                                   that I am somewhat guilty of this,
                                                                                   and some of it is due to the fact that
        So everything came out great for us and not so great for the other guy, which   I have been doing this for a very long
        got me to thinking. When was the last time any of us offered to go beyond the   time, and maybe I'm just a bit jaded.
        call of duty to make sure that a merchant was accommodated?
                                                                                   Maybe the solution to this problem is
        Strategizing for the future                                                that I, as well as others, should stop
                                                                                   wasting  our time  on  any merchant
        First of all, I realize that a merchant doing only $10,000 to $20,000 a month does   that cannot do a minimum of $1 mil-
        not really warrant spending a great deal of money just to make sure that the   lion a year in credit cards. These larg-
        merchant's experience is all warm and fuzzy. However, this was a multimillion-  er merchants are the ones that don't
        dollar merchant. When you get to that level, you had better think of anything   just need hands on support; they
                                                                                   demand it. It is no surprise that the
                                                                                   small to midsize merchants we all
                                                                                   started out chasing, and that some
                                                                                   of us continue to chase, are being ac-
                                                                                   quired by the Squares and PayPals of
                                                                                   the world. We have lost that channel
                                                                                   market. As much as this stinks, they
                                                                                   may have done us a favor.

                                                                                   So from now on, what I plan to do
                                                                                   is make absolutely sure that we not
                                                                                   just pay monthly visits to all of our
                                                                                   merchants that do more than $1 mil-
                                                                                   lion a year; we will also offer a better
                                                                                   hands-on customer support experi-
                                                                                   ence – and thus never end up saying
                                                                                   to a merchant who leaves our compa-
                                                                                   ny, "Why didn't you ask me?"


                                                                                   Steve Norell is director of sales at US Merchant
                                                                                   Services  Inc.  Based in Port  St.  Lucie,  Fla., he
                                                                                   oversees the USMS sales force and main-
                                                                                   tains the company's bank and processor
                                                                                   relationships. You can reach him by email at
                                                                                   steven@usmsllc.com or by phone at 772-220-
                                                                                   7515.














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