Business Marketing - The Top 10 "Game-Changers" to Boost
Sales in Any Economy
1.
Over deliver
-- In a world filled with businesses who have a "whatever" attitude, if
you deliver more than you promise you will stand out. Give a little
unexpected bonus or gift with their purchase. You will attract loyal
customers like teenagers to an iPod sale.
2.
Increase
customer service
-- After purchase follow-up with your customer. Think of your customer
service department as a marketing center. How many businesses even send a
follow-up email or note to their new customers or check in with them? Do
it. Your customers will love you for it. How do customers show their love?
The buy, stay and refer other customers.
3.
Move your
marketing budget to measurable methods -- Online marketing can be laser targeted, trackable
and provides more bang for your buck. The Direct Marketing Association
reports email marketing returns $50.45 for every $1 spent. This means if
you only have $100/month to market, you could see sales of $5,045 if you
spend it on email marketing.
4.
Re-contact
previous customers -- Failure to follow-up with contacts and customers is the number two
reason businesses fail. The average business loses 50% of their customer
base every year. It costs 5 times more to sell to a new customer than an
existing one.
5.
Build
relationships with your contacts and customers -- When someone contacts your business for
information or makes a purchase -- be sure to keep in contact with them.
Sign them up for your newsletter, collect their email address and continue
to provide them with valuable information to position yourself as the one
they talk about when they say "I got a great person for that".
6.
Ask current
customers for referrals -- You do not have to rely on organic referrals. Ask for referrals. Make
it easy. Put a "forward to a friend" link on your website. Put up a sign
all your customers see that says: "Know someone else who needs a great
_________? Let them know about it and you both get a $50 Best Buy card
when they become a customer." This is just an example, you can tweak it.
The key is to make it so great your customers start thinking hard about
all the people they could refer to get a bunch of those great gifts.
7.
Joint
venture with other businesses to create offers to customers no competitor
can match
-- What businesses could you team up with who offer products or services
that complement yours? If you are a plumber or a home service business how
great would your customer feel if you left a wrapped sample brownie from a
local baker or a single flower and card from a local florist on the
counter when you are done? You could arrange with one of these kind of
local providers to get these free or at cost in exchange for leaving their
card with the little gift. Might cost you $2 at most per customer. What
might that generate in goodwill, future business and referrals?
8.
Run a
contest for customers and contacts -- You can run a contest to draw in customers. Use the joint
venture idea above in #7 to get a bundle of prizes from other local
merchants and create a win-win all the way around. Build the contest
around your business. Own a small retail store or restaurant? Build the
contest around your "solutions". Have your customers and contacts interact
with what your products and services: a simple quiz about the products you
offer, or a recipe contest to create a brand new desert you name after
them.
9.
Write
articles to establish you as a expert in the solution your contacts care
about
-- Use your articles to distribute them on your website, the Internet and
in your print newsletters. Over time you build up a reputation, and a bank
of quality content you can reuse to create booklets and helpful tip sheets
your customers refer to again and again (don't forget to put your business
information on them!)
10.
Give your
marketing copy a makeover
- Great copy increases sales, period. You cannot go wrong studying
copywriting or hiring a professional copywriter.
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