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November 20, 2008 ( PowerHomeBiz ) -
Gold River, CA --
One of the biggest mistakes a business can make is investing the majority of
marketing efforts in attracting new customers and forgetting about past
customers. Your current and past clients are the foundation of your business
because without them, your business would not exist. It also costs far more
to acquire a new client than it costs to generate business from an existing
client.
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Showing appreciation for your clients can set you apart from your
competitors, increase loyalty, improve retention, inspire sales and even
build relationships that last a lifetime. Reaching out to your clients is
also an opportunity to remind them about your company. Effective marketing
relies on repeat exposure and showing appreciation is an ideal way to keep
your marketing wheels in motion.
One note of caution: some companies and industries have strict guidelines
about accepting gifts. This is especially true of media professionals and
government workers. Gifts can be construed as bribes so when in doubt, ask
your clients if such policies exist or stick to sending items with no
monetary value.
Following are client appreciation strategies that can help you cultivate
client retention.
1. Greeting Cards The Guinness Book of World Records lists Joe Girard, a
car salesman from Detroit, as the world’s best salesman. Girard earned the
honor by selling 18 cars in a single day. One of his secrets to success is
sending 12 cards per year to every single customer and prospect. There are
dozens of major and minor holidays throughout the year and each provides a
great reason to send a card.
2. Personal Notes Thoughtful and unexpected thank you notes can be sent
after client appointments, following a purchase or whenever a client has
done anything deserving some appreciation. While sending an e-mail may be
quick and easy, you will make a better impression by sending a note in the
mail.
3. Invitations Though it is important to recognize all of your clients,
it is just as important to pay extra attention to your top clients. Spending
time together outside of the office gives you a chance to cultivate the
relationship by getting to know each other better (in the sales world, this
is called “face time”). Consider inviting your top contacts to lunch,
dinner, sporting events, charity functions or other events where you can
spend time together.
4. Small Gifts Flowers, books, a mug full of candy and other token items
can make thoughtful gifts for clients. These can be sent on special
occasions such as birthdays, holidays or anniversaries, or can be sent for
no reason other than to show your gratitude.
5. Food Everyone loves food. Consider sending cupcakes from your local
bakery, providing a catered lunch at your client’s office or dropping off a
tray of cookies.
6. Gift Cards Sending gift cards for items or places your clients will
enjoy can have an added benefit: they will think of you when it comes time
to redeem the gift! Options include coffee shops, restaurants, movies,
bookstores, office supplies or anything else your clients would appreciate.
For even more mileage, consider partnering with another business and send
each other’s gift cards.
7. Referral Rewards The highest compliment you can receive is a referral
to your business. This gesture deserves recognition in the form of a thank
you note, discount on services or small gift card. Always acknowledge when a
customer sends business your way.
8. Reverse Referrals If your clients are business owners, look for ways
to refer business to them. This is an unexpected gesture that is sure to set
you apart.
9. Customer Appreciation Days Designate one or more days each year to
celebrate your clients. You could offer a customer-only secret promotional
sale, give away lunch if you have a physical location or provide a special
bonus to those on your mailing list.
10. The Gift of Information Ebooks, reports, workbooks, videos and other
types of information products can make great gifts. For example, compile a
list of useful tips that your customers will appreciate and either deliver
it via e-mail in a PDF document or publish it in booklet format to mail or
hand out.
11. Host Events Host a party or an open house at your office or a
restaurant. If your clients are geographically dispersed, you can hold a
virtual event by inviting them to participate in complimentary online
seminars.
12. Life Events If you know that your client is getting married, having a
baby, being promoted or enjoying another major life event, send an
acknowledgement—even if it is a simple card. Your gesture will not be
forgotten.
About the Author:
Stephanie Chandler is the author of several business and marketing
books including FROM ENTREPRENEUR TO INFOPRENEUR: MAKE MONEY WITH BOOKS,
E-BOOKS AND INFORMATION PRODUCTS. Discover hundreds of resources for
entrepreneurs at
www.BusinessInfoGuide.com .
For author and speaker details visit
www.StephanieChandler.com .
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