Marketing Information |
Are You Losing Business?
As a small business owner, you are grateful for all of your clients or customers. But did you know that small business lose over 62% of sales because they don't follow up? You are caught up in the business of running your business you don't take the time to follow up with your clients. After moving to a new city recently I've been, of course, searching out a new hair salon. The first place I tried was what seemed to be a very upscale salon that offered everything from hair cuts to nails to a massage. At this place I received on of my least favorite hair cuts. I tried two other places that gave a pretty good cut. The big surprise is that I've not received so much as a post card from any of the stylists requesting my return for my next cut. How much business are these places missing out on? Tons if they don't follow up with their clients. I had the same experience with a masseuse I found here also. Wow, imagine what would happen if they mailed out a monthly postcard; a quarterly newsletter; a monthly e-zine? Whether you have a brick and mortar or an on-line business, you don't want to miss out on all that business because you are not following up with your customers. It's never too late to start. 1. Buy a reliable customer database system and track more than just your clients name and phone number. You should track their birthday, anniversary, and other important dates about their business, interests, etc. 2. Establish a routine to take at least an hour a week to update and maintain your database. Review it each week to prepare for any upcoming events for your client. 3. Implement a system to send an email, a personal, note, and thank you notes. 4. Develop a monthly newsletter if you currently don't have one. It can be delivered via email. 5. If you come across an article, product, or service that will benefit a client, pass it along with no strings attached. 6. Remember your clients with holiday gifts between November and January. If you don't have the time or expertise to develop a follow up system, hire a pro to do it for you. Kathy McHenry, Your Virtual Advantage, LLCVirtual Assistant, Transaction Manager and founder of Your Virtual Advantage, LLC. Kathy is a brilliant resource center for entrepreneurs. Increase your success, reduce stress, and have time to focus on your billable hours. Visit her web site today at http://www.YourVirtualAdvantage.com and sign up for her FREE newsletter Distant Assistant.
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Client Attraction Technique #3: Study the Competition! One very powerful and cost-effective marketing strategy is to study the competition. This is an important exercise, as essentially it allows you to find out as much as possible about the opposition - how best they operate, what they lack and then how to capitalise on it!Study the Competition OfflineStart by reviewing the Yellow Pages, the Thomson Local or even go online to determine what you're up against locally (and if applicable nationally). Be a Smarter Marketer - Learn the L-A-W for Trade Shows People attend trade shows because they are in a specific industry and want to learn more. They want to know what's new and how you will help them. Inform vs. Excite excite v. 1 a: to call to activity b: to arouse to feeling 2 a: ENERGIZE b: to produce a magnetic field in 3: to increase the activity of 4: to raise to a higher energy level syn see PROVOKEA lot of marketing doesn't do the whole job. Meaning and Marketing - The Eye of the Storm It's 1954. Yes, Mrs. Marketing Planning - Preparation and Accountability We all know the saying, "Failing to plan (prepare) is planning (preparing) to fail." I truly believe in this statement and I hope you do as well. Marketing Strategy 101: 10 Marketing Strategies I Learnt From My Oral Surgeon This is how the conversation went on my follow-up visit to the oral surgeon,10 days after he removed 2 lower wisdom teeth."Go down the hallway, enter the second door on the right and take a seat inthe dentist's chair," said the receptionist after calling my name out to the5 people in the waiting room. Calling All Carbon-Based Lifeforms Many businesses want to market to all carbon-based life forms. They won't take the time to really understand their audiences from geographic, demographic and psychographic perspectives. Marketing Lessons from Santa If a nonexistent man can change the world and millions of people with a message of joy then his marketing plan surely works. Right? Then what has Santa been doing right all these years that we can learn from? Santa's message is short--joy. The Day I Learned to Start Saying No It was the fall of 1998 when I had just started my first business as a marketing communications writer. Most of my clients hired me for newsletters, brochures, and sales materials, but I would get the occasional request for something different. Six Ways To Attract New Customers To Your Restaurant Without new business, your restaurant won't be able to grow. You need a constant stream of new customers to replace those you lose as a result of customers relocating, switching jobs, or changing dining habits. Seven Common Marketing Problems Solved by Marketing Operations Corporate marketing groups - especially bandwidth-challenged small-to-mid-sized departments - can be so focused on tactics and fire fighting that they jeopardize their marketing investment. There is a tendency to overreact to events, to tackle symptoms rather than underlying fundamental problems and to jump at the opportunity to please the boss. Educating Your Customers One of the biggest marketing mistakes businesses make today is failing to educate their prospects and customers about the unique advantages that are being offered to them. The cornerstone of any marketing plan should be to educate your customers. A Point in Every Direction is the Same As No Point At All Ever try to be something for everyone and find no one wants it? Do you have trouble finding the time to focus on your business? Do you do so much for so many that you find it's difficult to make any financial progress in your business; much less make an indelible mark in the mind of your potential customers? I found myself on that road so many times, that I could be a tour guide for Please-want-me-ville.Where did this come from and how can you get it to stop?It starts publicly when we're very young. CRM: Strategic Engine or Just Another Tool? CRM?strategic engine or just another technology tool? How would you answer this question about your company's CRM initiative? It depends on how honest you are in answering some other questions, including:Do your people have real decision-making power to provide great customer service?Do you have the right people with the right knowledge and skills?Are you including people across the board, not just in your customer service and call centers?The bottom line is that people skill sets need to be similar to the technology they are using -- information sharing needs to be fast, focused, integrated.Let's Start With the LeadersFor CRM to become the strategic engine, not just a tool that people opt to use when they choose, managers and leaders need to demonstrate the new vision through their day-to-day actions. Build a Dynamic Business - 10 Steps to Start You Off It's where your employees are in a 'special place' when they work together. And to get there, they have to be in a culture that is very special - and you can create it in your business too!Here are ten key points that will make a big, big difference:-Build Great RelationshipsTake the time to engage with your people. Marketing and Advertising Techniques of Super Bowl Advertisers Each year, advertisers with super sized budgets sink millions of dollars into Super Bowl advertising. While most of us do not have a large enough budget to advertise on the Super Bowl, the commercials -- both past and present -- demonstrate several marketing techniques we can apply elsewhere. Are Your Brochures Worth The Paper Theyre Printed On? Brochures are one of the oldest marketing weapons in the business arsenal. And for good reason. Too Much To Do: Four Keys to Effective Delegating Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity. Avoid the Duds: 10 Strategies for Selecting The Perfect Speaker Today, more than ever, the success of meetings relies heavily on the strength of program content and presentation. Nothing can spoil a meeting more than hiring the wrong speaker. 7 Ways a Copywriter Can Help Your Business Succeed Think you can't afford to hire a copywriter? Think again. Here are seven ways a copywriter can contribute to the success of your business. |
home | site map | contact us |