Customers for life;
When it comes to marketing for a great many businesses the strategy is to generate new customers at a faster rate than their present customers drop off. A strategy guaranteed to put a strain on cash flow, profits and it will also certainly produce a fair amount of stress and sleepless nights.
A much better way is to consider the idea of
customers for life. You have done all the hard work to get them to know like
and trust you so why let them slip through your fingers?
Here are just three low cost ideas that if
implemented correctly will keep your customers coming back time and time again:
1 Give
outstanding service – You may be thinking “Well we
already do that” most people do, yet if you were to ask your customers what
level of service do they perceive they are getting it would probably not be a
the level you think you are providing. This is a concept commonly known as
perceived indifference. I sometimes ask business owners to rate the level of
service they are getting out in the marketplace and they will give a score
which is much lower than the level they perceive they are giving to their own
customers. One of the main challenges here is the fact that
some businesses do offer outstanding customer service and then because they may
consider themselves to be the best they get complacent. Competitors will always
be snapping away at your heels in effort to catch up and overtake your levels
of service. You can never stand still in business you’re either growing or
dying and this is particularly true when it comes to service. I like the
analogy of walking against an escalator if you keep moving you stay in place,
stop moving and you are going backwards. So a permanent focus on improving the
customer experience and giving outstanding service will mean customers will be
compelled to return time and time again.
2 Have
a loyalty programme – Most of us will have a loyalty card
in our purse/wallet for instance; frequent flyer, supermarket, restaurants etc.
The reason they work so well is because they are a constant reminder to shop
somewhere and the fact that you do shop there means you are going to get
rewarded. What's at work here is a concept known as Operand Conditioning. This
is a form of conditioning that is based on the fact that as humans when we gain
a reward it produces endorphins in the brain that make us ‘feel good’ and when
we feel good we want more of that, so the tendency is to shop at the same
place. Consider what kind of loyalty programme you could put in place, these may
include; a free purchase for every xx purchased or number of visits, reward points
towards future purchases, using some kind of BOGOFF concept. It is entirely up
to you what programme you put in place, just make sure you have one and all
your customers are aware of it.
3 Communicate
continually – I can almost guarantee that 100% of your
customers will not be aware of 100% of the products/services you supply. By
having regular communication with your customers you can educate them on your
whole range. How many times have you heard “I didn’t know you did that?” it is
a dangerous way to do business because if your customers are using one of your
competitors to purchase a product they didn’t know you offered you are giving
your competitors the opportunity to impress and entice your customers away from
you. Email, newsletters, blog posts, social media, videos, direct mail and the telephone are
just some of the platforms you can choose to deliver the message. You just need
to choose your platforms and have a plan in place to keep regular contact with
your customers to let them know what is available.

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