Recession Woes? More Business Is Right Under
Your Nose!!
Two years ago I had a custom closet built
in my bedroom. The closet company did a great job and finished
promptly. So I asked them to give me estimates on two other
projects. My thought was to do one per year.
Well, as you know, life happens. But this year, when I was
finally ready...I couldn't remember the company's name. I
couldn't find the receipt from the job. And in all this time,
they never called! They never wrote! I haven't heard so much as
a peep from them.
I don't get this. Is the closet organization business that
great? Is there such a backlog of overflowing closets belonging
to women entrepreneur workaholics that this company doesn't
feel the need to do any marketing? In a presumed recession?
The truism that it costs 10 times more to get a new customer
than to sell additional products and services to existing
customers is TRUE. Smart business owners do what they can to
continue relationships with customers because the profit is in
the second sale: THERE'S NO ADVERTISING COSTS! They use
inexpensive tools like a customer database and an automated
email marketing service to keep in touch.
Why wasn't I at least invited to receive an email newsletter
from this company? I wouldn't mind seeing pictures of other
perfect closets (especially since I have two other ones waiting
for makeovers). I'd like to get special sale info or any
coupons they have.
The email marketing service I use and recommend is
Swiftpage. There are hundreds of email service providers but
this is the only one that integrates with ACT Software, my
database tool of choice. That means there's no need to upload
lists, an extra step that prevents a lot of marketers from
sending consistent marketing campaigns. And my open /
click-thru / and forward results are written back into my
customer record so I can data mine by marketing message,
campaign or this person's interest in me over time.
Swiftpage rates as my top email service because a 90-day
free trial is included with purchase of ACT Software. Then it
costs about $55/month to send 3,000 emails. Swiftpage comes
with ready-made templates or you can create your own.
Deliverability is higher with Swiftpage than sending through
Outlook because Swiftpage works with the major ISPs who
recognize them as a professional service and not some
untraceable spammer out of Nigeria.
Swiftpage also monitors opt-outs (the service is entirely
CAN-SPAM compliant, which is a law, not an option). Best of
all, it shows me who opened my mail, who clicked on my links
(so I see who's interested in what) and it generates call lists
of hot prospects I hand off to salespeople for follow up.
Salespeople can follow the customer's "Interest score" by
looking in the ACT marketing database history.
Swiftpage's advanced version allows "schedule send" or "send
as" so I can save time by programming a month of messages in
advance to be sent out under the sales rep's name (instead of a
spammy from address like sales@ company.com).
Swiftpage just released a drip-marketing version which
automates the email newsletter process based on business
triggers in your marketing database. What used to be a
wish-list item for dedicated business marketers will now be an
easy stay-in-touch tool within reach of anyone who wants more
customers and referrals.
Like everyone, I get a ton of spam. I delete messages on
vitamins, sex aids and stock tips. But a nice newsletter from a
company I've done business with before I read (or at least
scan). It may even remind my failing memory to place another
order that I meant to do anyway.
So don't let customers forget you. The replacement cost of
losing a customer is far more expensive than a $55/month email
newsletter.
By: Lori Feldman
Lori Feldman is The Database Diva, www.TheDatabaseDiva.com.
She works with business owners and sales professionals to
protect their #1 asset and squeeze every drop of profits from
customers they already have using database marketing. She is a
recipient of the prestigious Direct Marketer of the Year Award
from the Direct Marketing Assn. of St. Louis and is a
nationally recognized speaker on database marketing, mailing
lists, CRM and drip marketing. Her monthly ezine, "The Database
Marketing Hotwire," won the APEX Award for Newsletter
Excellence. Go to www.email-marketing-profits.com for
more information on Swiftpage.
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