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Home Grown Marketing Strategies

17 December, 2009 - Mitch Keeler, Sales & Marketing

chickenshizzleWhere does customer service fit into the grand scheme of things, when it comes to planning a good marketing strategy?  Mention marketing to anybody, and they start thinking about sales, offers and deals.  While, they too are important, having a good customer service relationship also plays a key role.

The customer you have is more valuable than the customer you want.  Once a company gets the business of a person, they often forget that the need to keep this person just as happy as the new guy.  In what ways are an existing customer more valuable than a new customer?

Establish Yourself as a Trusted Brand

They have bought from you before, they might buy from you again.  It is human nature to go with what we know, and what we trust.  Every day we buy the cereal we like the most, we go to the grocery store we went to as a kid, we buy a Wii for Christmas, because Nintendo were always our favorite.  While the initial sale is important, we also need to keep in mind that establishing yourself a trusted brand with any customer is worth even more.

Marketing the Conversations

If they are happy with their service, you get free word of mouth advertising.  What is word of mouth advertising? According to Wikipedia:

Word of mouth is a reference to the passing of information from person to person. Originally the term referred specifically to oral communication (literally words from the mouth), but now includes any type of human communication, such as face to face, telephone, email, and text messaging.

We trust the opinions of people we know the best.  No magazine advertisement or 30 second commercial spot can beat your Grandmother.  Actually, nobody should beat your Grandmother, because that wouldn’t be very nice. Winning over public opinion can be hard to achieve, but once it has been done – it will out perform any other form marketing out there.

Many of us have downtime around the holidays, so now is the best time to come up with new ways to market our online businesses or web sites.  Make sure while you do, you don’t leave out those customers or clients you have already won over.

  • Pingback: Best of the Lunarpages Blog in 2009 | Web Hosting Blog | Lunarpages Lunartics

  • http://webhostingireland.org WebHostingIreland

    Hi…

    The internet has definitely leveled the playing field for small businesses and solo businesses (like myself). For about $100, I can get a top of the line site designed by a skilled programmer in India or Malaysia.

    Although word of mouth marketing may hold more weight, the reality is that the internet gives us the ability to tap into more people than word of mouth ever could (well, except in rare cases).

    But sure, salespeople and business owbers tend to make the same mistake: placing much more attention and effort into getting new customers, instead of taking care of the customers they already have relationships with.

    The internet makes this easier to correct, but you still need to follow basic customer retention practices to get the most of of your business.

    Many Regards,

    John Stanley

  • http://www.michaelhartzell.com/blog Michael Hartzell

    Yep,

    This has never changed. Odd that so many businesses work so hard to get the first transaction and then assume the second, third and chase more new customers.

    After all that expense, time and trouble. It’s like pursuing someone to go on a date with you for 6 months and then once the date is had, searching for the next first date. it’s like training a horse for months how to plough and then after one season, starting with a new horse. It’s like bugging mom to borrow the car keys for a month and then when she says ok, starting from scratch with dad.

    ok… maybe my metaphors are a little off.

    What system to listen and / or follow up? Ah, the new tools with social media give that opportunity like never before because the costs are low, its is simple to do and connects personally.

    Good thoughts.

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