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Sometimes we all get so caught up in marketing our services to
new customers that we forget about the easiest sell. I find myself
often dwelling on how to reach new customers to broaden my customer
base, when really that isn't always the best path. When you stop
to think about the real goals of your company, increasing income
is likely the highest. In most cases broadening your customer base
is a way to get to that goal and should not be the goal itself.
In this article I will show you the importance of marketing to your
current and past customers.
The most important reason for marketing to current and past customers
is that you have already sold your products or services to them
once. Selling them something similar is always much easier. One
good way to market to current customers is to make special offers.
You should always have a good database of current and past customers
and the ability to target these customers with a product that is
similar or complementary. If you have sold a thousand customers
red widgets, try selling blue widgets or a red widget holder to
those same customers.
Service providers will get the added benefit of reduced support
costs on top of any easier sell. Current customers will already
understand your process and will need less handholding then a new
customer.
However, you may have to deal with prior customers with a certain
measure of finesse. For one reason or another your services are
no longer being used. There may be many reasons for a specific customer
to have stopped using your services. Reasons can range from the
cost of the service to the level of service given. Your offer should
take these things into account. Try offering an "improved"
service at a lower cost. There still may be the fact that the client
no longer has a need for your service. However, down the road they
may and reminding them of what you have to offer will have benefits
on it's own.
If your business only offers one type of product, this may be a
very good reason to branch out into other areas. Think of products
that are not only similar but even complementary to what you already
offer. These are people that, if happy with what you have already
given them, will trust you with their other needs.
Letting your customers do some marketing can also give you great
results. One way to do this is to give them an incentive to refer
others to your product, or to provide you with a testimonial. At
the very least, if you are treating your customers right, word of
mouth will do wonders for you. I want to stress is that if you want
to be successful at marketing to your customers it is paramount
that you have been offering a level of service that allows for it.
No matter how good your offer is, if they don't trust you they are
not going to buy.
Remember that increasing long-term income is the goal and sometimes
you need to step back to reevaluate the best way to get there. In
all cases, a major factor is going to be how well you treat your
current customers. Treat them well and they will buy from you again
and again!
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Jason D. Huhtala is the Vice President of Operations for Target
Blaster, Inc., a company offering low cost marketing services to
small business webmasters. For more info: http://www.TargetBlaster.com
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