Posts tagged ‘small business’

Follow-up is KEY to Success

By Envisionary, 10 December, 2009, No Comment

Your work day is rolling along as usual.  At some point a lady comes in, looks around, and winds up spending a nice amount of money with you.  This is the kind of new customer you like!  But once she leaves, how do you know she’s going to come back?

We talked about being courteous to your customers (or patients), even if they are a bit “trying”.  Being nice is free and it works wonders when it comes to customer loyalty AND to word-of-mouth referrals.

Another key to customer loyalty is follow-up.  By following up with them, you are letting them know that you appreciate their business, and we all like to feel appreciated.

What are you currently doing in the way of customer follow-up?  Where do you begin?You may have that person’s name and even their phone number, but do you have any other information about them?

You need to consider some type of information gathering campaign.  But let’s be clear… in a time when identity theft is everywhere, we have to be VERY careful about the types of information that we collect and what we do with that info.  So, with that word of warning, we’ll move on.

Drawings are a tremendous way to positively influence your cash flow.  With the sign-up for the drawing, you are collecting valuable customer information.  Those customers will tell their friends who will also want a chance to win.  You’ll get increased foot traffic that will most likely spend some time looking and possibly buying from you too.  Now is a fantastic time to start this type of info collection campaign.  You’ve got both the holiday season and the economy working in your favor for this.

A few key points to running a successful drawing:  1) the prize needs to be something good, not something you’re trying to get rid of  2) have your sign-up slip look decent, not like the work of a kindergartner  3) assure consumers that their information is safe and treat it like gold (because it is!!).

Do you have to buy some big super prize?  No, you don’t.  If yours is a service business, the prize could be use of one of you most valued services free for a year, 6 months, or whatever time frame you like.  Or, you could offer one of your premier services at a reduced rate.  Likewise, if you offer products, you could offer one of your really nice seasonal items as the prize.

What info do you collect and what do you do with that info?  The most vital information is name and address.  If you can get their email address and their birthday, even better.  For a basic follow-up campaign, you can send that person seasonal cards.  If you know their birthday, send them a birthday card.  If you get their email address, you can notify them of specials, tell them about new inventory, send them coupons, give *special discounts for customers on your email list.

See how easy this can be?

Your follow-up program does not have to be costly or difficult.  It can be as easy as sending a birthday card and an occasional email.  The point is that you are staying in touch with them and giving them attention that random customers don’t get.  You appreciate their patronage and you are telling them, and showing them, that you do.  It won’t go unnoticed and your cash flow will appreciate the effort.

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The Secret to Instant, Easy Customer Loyalty

By Envisionary, 9 December, 2009, No Comment

So many things have changed with the economy over the last year.  Businesses are facing questions now that probably wouldn’t have bothered this at this time last year.  Consumers – including your customers – are more careful than ever with their dollars and businesses are feeling that pinch.  So how do you ensure that, when the time comes, those precious consumer dollars are spent with you and not with a competitor?  The bigger question that we’re asking is:

How do I keep my customers coming through the door?

Our clients are asking us this question on a regular basis these days.  It’s a worry that is affecting a really large percentage of businesses, regardless of their size.  Unfortunately, it’s a justified fear too.  Too many businesses have closed because they just couldn’t keep traffic coming through the doors.  But you already have a customer base, otherwise it’s unlikely that you would still be open.  Those current customers are the key to riding out these challenging times!

So now, let’s think about this from a different perspective.

What are you doing for your customers?

That may seem like a straight-forward question, but it’s much more complex than you would think.  If you’ve ever had a sales course, you know that you are “solving their problem” whatever that problem may be as it applies to your business.  If you are a gym, you are solving their health or fitness problem, if you are home decor business you are solving their problem with creating a certain home presentation.  There are “problems” of all types and businesses of all types that provide solutions to those “problems”.

Easy enough.  But like as not, there are other businesses in your area that are trying to solve the same problems that YOU are trying to solve.  So, why is that customer going to spend that dollar in YOUR store instead of one of those other stores?

Ready for the secret?

The secret to instant customer retention is as simple as… Good Customer Service!

Did you guess the answer?  Most business owners don’t.  How is it that something that is so simple, so easy, and is ABSOLUTELY FREE is overlooked by most businesses these days?

One of the easiest ways to make your customer service better is by simply being nice!

This isn’t rocket science folks.  Unfortunately, common courtesy seems to have gone the way of the Dodo.  People are more worried about themselves and their personal daily struggles – and yes, life is difficult.  But THIS is really easy… it’s as easy as saying a ‘Hello’ to someone.

Do you and/or your employees say ‘Hello’ to each and every one of your customers?

Businesses no longer treat their customers like the golden geese that they are.  Those customers that are being ignored are the ones that can keep your business profitable when the businesses are folding up their tents and going home… permanently!

Your new customer appreciation program should start NOW.  Greet every person that comes into your business, and greet them nicely.  Have all of your employees do the same.  It doesn’t matter if you are having a bad day, they might be too.  And think of the impact that such a simple gesture could have.  If you treat someone nicely when they are not expecting it (i.e. when they’re having a bad day), you will most definitely have a powerful, positive impact on them.

“But my customers ask stupid questions”.  So?  You should answer every single stupid question that they can throw at you and answer it NICELY. Answer them like that is the only time that you have ever heard that question.  Is it a pain in your (or your employees’) back-side?  Of course it is.  But you are in business and this is how you show your customers that you appreciate them bringing their dollars to you.

And don’t underestimate the impact that this type of attitude can have.  Think of your own recent experiences as a consumer.  Were the employees at those businesses nice to you, helpful to you, patient with you?  Probably not, or maybe partially.

Create a pleasant, courteous experience for your customers and they will remember it, they will appreciate it, AND they will TALK about it to their friends and family.  That customer will keep coming back to you and you will be building referral business through FREE word-of-mouth marketing!!

Easy.  Simple.  FREE!

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Hi and Welcome!

By Envisionary, 9 December, 2009, No Comment

Whoever you may be and however you may have found us, we’re glad that you decided to stop by and check us out.  We’re always happy to cross paths with new people.  Since you’ve probably visited us in the hopes of learning some worthwhile business info, we’d like to let you know a bit more about us and our goals.

We are small business consultants.  Our goal is, was, and has always been to help small businesses by giving them honest, up-front information that can help them improve their profits.  We accomplish this through our unique cash flow services as well as through relevant information related to running your business including online business, marketing, customer retention, workflow efficiency and even equipment financing.

Our clients are like friends and family to us and each is treated as the unique person that they are with their own unique business needs.  But we think that we have a lot of valuable information that can be helpful to those businesses out there that are not our clients… yet!

We hope that you find some worthwhile information here and that you’ll come back often.  We also hope that may consider joining our client family soon.  Thanks and enjoy.

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