The “business world” is often defined using a Darwinian approach: “survival of the fittest”. And “survive” is exactly what Yellow Pages has learned to do. An unmistakable trend towards Google and other internet based search engines have led many to believe that the Yellow Pages would go out of business. However, this is not the case.
Yellow Pages has responded to its competitor’s pressure by adding a whole lot of value to their service. The “Yellow Pages Guarantee“, or “Super Guarantee“, essentially removes all risk involved for consumers searching for a service. According to Yellow Pages’ site, all you have to do is “Register your service appointment with a participating business in advance for free and in the unlikely event you have a problem with the provider, we will help you resolve the issue or reimburse you up to $500 of any amounts paid to the provider for the labor portion of the services provided.” Not a bad way to stick around.
The service is available through their websites, as well as their print phonebooks, but I believe the key to the guarantee’s success will be its online availability. Consumers have grown accustomed to searching for information online, through Google or Yahoo, and reaching them through this channel is crucial. In doing so, Yellow Pages is now providing a similar search experience, with a $500 satisfaction guarantee. It is also highly unlikely its competitors will try and imitate this service.
The lesson that can be learned from Yellow Pages is you must be willing to adapt to the environment around you. Yellow Pages could have stuck with the phonebook service it was founded as, but they were willing to change, and sacrifice (up to $500 a pop), to improve the service they were offering.
On top of the guarantee, Yellow Pages also expanded and has a Blackberry application, one that I unknowingly downloaded but actually find very useful. Wonder if they’ll run the guarantee through their application in the future?




