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Marketing

Have you thanked your customers lately?

June 29, 2009 by Al

Your most important customers are the ones you already have.  Businesses often spend thousands of dollars per year marketing and advertising to attract new customers while ignoring, or taking for granted their current customers.

Existing customers have already chosen to do business with you, the chances they will do again is high if you look after them.

Sending your current customers something as simple as a thank you card could be the best value marketing you could do.  Of course you could also give them a small gift or make them a VIP offer to encourage them back to see you.

I know one business that sends one handwritten thank you card to a different customer everyday.  It is a habit that pays dividends.

To employ this idea, you need to know who your customers are.  Do you have a list of customer contacts?  If you don’t, you should – start building one today!

Filed Under: Advertising, Marketing Tagged With: Advertising, Business, Customers, Marketing

Marketing lessons from the wine industry

June 12, 2009 by Al

How do you stand out from all the wine labels
How do you stand out from all these wine labels

Here in Marlborough it is hard to escape the wine industry, it is a huge part of our regional economy.

I was in the supermarket the other day and run into a friend of mine who has a reasonably young wine label, and it got me thinking…

With supermarket shelves lined with hundreds of brands, how do you make your bottle of wine stand out and reach your customers?

One simple marketing strategy used for years by wineries, big and small, is offering free tastings of their product.   How often have you been asked if you would you like to try a glass of wine in the supermarket?

Here’s why this is a great way to market your brand of wine:

  1. They go to where the customers are – customers are already in the supermarket.  If they are going to buy a bottle of wine, who do they see?  If they like the wine, they can grab a bottle and buy it immediately.
  2. The customer is being offered something for free, no obligation.  Lets be honest, we all like free stuff.
  3. People are creatures of habit – A free tasting is an easy way to try something new.
  4. It takes away the customers fear of buying a bottle of wine and hating it.  They already know what it tastes like before parting with their hard earned cash.

I think it works even better for smaller players in the market.  It gives them a chance to put a face to the brand and start a conversation with the customers.  They can tell a story about their wine and relate it to the customer easier than a sales rep from a large company.

How can you use this idea in your business?

  • What can you offer potential customers for free? Remember, wineries only give away a small taste, not whole bottles of wine.  Can you offer a taste of your product or service?
  • Is there a place your products or services are frequently purchased or used?  Can you have a presence there to meet them?
  • What fears do customers have about purchasing your products or services?  Can you offer a try before you buy deal or a satisfaction guarantee?

photo credit: rick

Filed Under: Branding, Marketing Tagged With: Building a brand, Customers, Marketing, relationship

Hair today, record for tomorrow

June 12, 2009 by Al

Somewhere between my last post, and getting my photo taken, I got thinking about Hair salons.

The trouble I have always had with getting my hair cut, is explaining what I want to the hair dresser.  I can never express how I want it, or even how I have had it before. A few times I have resorted to cutting a picture from a magazine and handing it over – “I want my hair to look like this, as long as it won’t make me look stupid”.

So why don’t Salons take pictures of their clients?  Before and after shots every time they come in, would make it easy to discuss with the client what they liked and what they didn’t.  It would build a tangible history with their clients.  Do you think this would build loyalty from the client when the hairdresser puts that much effort into knowing what they like?

Could be very interesting looking back after a year or two.

How could this idea be used in other businesses?

Filed Under: Branding Tagged With: Building a brand, Business, customer experience, Hair salon, history, loyalty, Marketing, relationship

Targeting your brand

April 27, 2009 by Al

First, your brand won’t appeal to everybody.  Don’t worry this is a good thing;  it shouldn’t appeal to everyone, because not everyone will want to buy your products or services.  An 18-year-old boy isn’t going to buy a crotchet kit, and a 65 year old couple are highly unlikely to purchase a new wakeboard.  With this in mind, ANY time, effort or money spent marketing to these groups is completely wasted.

To increase the effectiveness of your brand and all related advertising and marketing, you need to know who your most likely customers are.  Lets be honest, you already know this… it isn’t rocket science.  It is easy to slip into the “I’ll take money from anyone” mindset (and so you should, but you shouldn’t market to them), or consider it too hard to define your core customers; I’ve been there myself.  But it is CRITICAL to the success of your brand.

Think about it.  If I told you, that you could have all the profits from any nappies you could sell to one hundred people, would you ask the first hundred people you meet? or would you do better asking the next hundred people pushing a stroller?

The more knowledge you have of who your customers are, the easier it is to target them with your branding and marketing.  You can draw better conclusions as to what they want to buy, and why.  What their likes and dislikes are, and how they want themselves to be perceived.  It also gives you an insight into what radio stations they listen to, and what newspapers and magazines they read.

Demographic information you need to know about your customers:

·        Age (range)

·        Employment – Are they management, professional, or owner

·        Location – City, town, region

·        Gender

·        Education

·        Occupation

·        Marital status

·        Ethnicity

·        Income – total household income. Can they afford your products or services

·        Family status – do they have children? What age and stage?

 

If you supply products or services to businesses, you can also collate demographic information for the businesses you deal with.  Such as:

·        Industry

·        Size of business (sales, no. employees)

·        Type of business (manufacturer, retailer, primary production)

·        Location

·        Geographic scope of the business (regional, national, international)

 

So how do you get this demographic information for your business?

 

The best way to gather demographic information is through using market research companies.  However, these can be expensive.

It is possible to do your own research: it is relatively inexpensive to run your own phone survey, or observation of your customers.  My favourite method is to ask your customers if they would be willing to complete a quick questionnaire during the purchase transaction.  You could even offer an incentive such as a prize draw, small discount (or better a bonus).

Filed Under: Advertising, Branding Tagged With: brand, Business, Customers, Demographics, Marketing

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