Pre-customer retention marketing

The power of retention marketing–marketing to past customers–is a well documented fact. It is far less expensive to retain a customer than to attract a new one. But what about pre-customer retention marketing?

Like its more popular cousin, pre-customer retention marketing involves staying in front of the consumer. It means reminding him what you have to offer and that you want his business.

Many consumers begin shopping for a product or service long before they are ready to buy. They want to learn about their options, the possible costs, and which companies might best meet their needs. The Internet has made this increasingly easy.

Let’s say that Bob plans to buy a new widget in about six months and hops on the Internet to do some research. He comes across your web site, finds your information useful, and intends to contact you when he is ready to buy. But will he? He could easily forget about your company in the meantime.

But what if you offered Bob a free report that provided Bob with an abundance of information about your product and company? And what if you then emailed him once a month with more useful information and tips. Do you think that he would forget about you when it comes time to buy?

Technology makes this very easy and inexpensive to do. In exchange for your free report Bob must give you his email address. You then use auto-responders to send him an email once a month. You can use a service like AWeber to automate the entire process. The result is that you are marketing to Bob before he has ever called you or bought from you.

This very targeted marketing. The low cost and ease of set up means that very few sales must result for it to be profitable. And that’s a good thing.

Systems development is a team event

Many small business owners get overwhelmed at the thought of writing hundreds, if not thousands, of procedures. I must admit that I would find such a task overwhelming, and I enjoy writing.

So I will offer a little advice: Don’t do it. That may sound strange coming from an advocate of systems, but as the title implies, you should enlist your team in the effort.

The most effective way to do this is to ask them what part of their job is the most frustrating. Then work with them to eliminate that frustration. Not only will you make their job easier and more enjoyable, you will demonstrate the effectiveness of developing systems for the business.

Too often small business owners try to impose their ideas upon everyone else. While the owner certainly has this right, it is seldom the most effective approach. A baseball coach will not get the most out of his players if he constantly ignores their ideas and input. The same is true of a business owner.

If you feel overwhelmed by the challenges of owning a business, remember that you have a team behind you. Use them.

Employees and your personal goals

A small business is a blank canvas. We get to determine what we put on that canvas. We get to determine what type of company we own. This applies to every aspect of the business, from the clientele we target to the image we present. From the type of work we do to the types of painters we employee.

An artist does not simply throw paint on his canvas (not a true artist). He begins with a vision of what he will create. He plans his final product long before he begins to create. We must do the same with our business.

If we wish to hire good employees we must begin by identifying where we want to lead them. We must identify our vision for our company. We must picture what our company will look like in a year, five years, or ten years down the road. We must identify our Definite Chief Aim. Only then can we determine the path to take to get there and the type of people who will help us.

Our vision serves as our guiding light, as the goal toward which our efforts are directed. If that vision is unclear or undefined we essentially have no direction—we move aimlessly and inconsistently. We are shooting at an unknown target.

However, if that vision is clear our actions can become more consistent. Our actions can move consistently towards our goal. And we can communicate where we are going and how we will get there.

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