Take
advantage of an often untapped and worthwhile resource by
focusing your marketing efforts on current customers. This
will cost less and produce greater results than targeting
new customers, since your existing clients understand what
you do, how much it costs and value what you have to say.
Below are seven low-cost ideas to make the most of the
market you already have.1.
Ask current clients for referrals. If you don't ask,
they may assume that you don't need more clients and
probably give little thought to whom they might refer. Turn
them into a dynamic sales force for your company.
Always follow through on leads
promptly, expressing sincere appreciation and, when
appropriate, giving suitable thank you gifts.
2. Listen to your customers,
educate yourself and become aware of their needs and the
challenges they face. Learn to see the world from their
perspective and seek to serve them rather than sell to them.
Are you crystal clear on how your product or service
benefits clients? What value does it bring to them?
Develop an attitude of excitement
about continually striving to improve your service or
product line to better serve your customer. Determine never
to be content with the status quo.
3. Survey existing customers and
learn what they really want. They are far more likely to
give honest feedback if someone outside your company handles
the survey.
• No need to contact everyone,
simply select five or six possible candidates and send them
a letter requesting permission for someone to contact them.
• Carefully craft no more than three
or four questions they'll be asked that will provide you
with the most useful information. In his book, The
Ultimate Question: Driving Good Profits and True Growth,
Fred Reichheld asserts that the only question you really
need to ask is, "How likely are you to refer this company to
a friend or colleague?"
• Compile the data gathered and
highlight common themes and issues.
• Decide on possible changes that
you can implement.
• Send all customers who
participated a letter of thanks, letting them know how
helpful their contributions were and what changes you're
planning to make as a result.
Ask former clients why they left.
Your goal here is to learn valuable lessons rather than
attempting to woo them back. However, listening carefully to
their concerns and expressing a sincere desire to provide a
premium product or service could result in a second chance
to gain their business.
4. Host an appreciation dinner or
lunch for your "raving fans" and ask them to help you
brainstorm ideas on how you might improve your service,
provide more useful products or more effectively market your
company.
5. Create a plan to continually
stay in front of clients and potential clients with
newsletters, thank you notes, announcements, invitations and
special reports. Keep their needs in mind and send them
helpful articles and ideas that you come across.
Establish an automated system to
call all customers on a regular basis (perhaps once a
quarter), make sure they're not having any problems with
your product or service and request ideas on ways you could
improve. Keeping a well-maintained contact management system
is essential.
6. Collect and use testimonials
from happy, satisfied customers who appreciate you and
what you offer. Use these to gain increased credibility in
your marketing materials. Make it easy for clients to write
a testimonial -- provide guidelines and an outline. When
confidentiality isn't required, add their information,
including website address. Write testimonials for other
companies -- this gets your name out there at no cost.
7. Whenever you ship or deliver a
product, include a coupon or information on other
products that your customer could benefit from. Provide
customers with a reason to call and order from you again.
Include a small marketing piece with your statements and
invoices. Make sure that all marketing materials are
customer-friendly and professional. Don't sabotage your
efforts with less-than-professional materials.
When you see an exceptional business
card or brochure, find out who designed it, seek them out,
commend them on their fine work and learn what they may be
able do for your company.
Creative marketing ideas abound, but
consistently keeping in touch with and delighting your
customers will yield the best results. Aim to turn your
clients into raving fans -- passionate sales people to
spread the word about your business.
Victoria K. Munro is co-founder
(along with husband Dave Block) of Make-it-Fly® LLC, a
company dedicated to creating success for small business
owners through creatively designed programs and tools.
Victoria has started and run nine different businesses. To
receive FREE business success articles with tips to help you
with your business, sign up for their award-winning ezine,
"In-Flight Refueling," at:
http://www.Make-it-Fly.com, and receive a free copy of
the eBook, Get More Done in Less Time: 101 Quick and Easy
Time Tactics & Tips.
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