CRM Marketing Series: Part 2 | Relationship Building

In our recent article, To CRM or Not to CRM? Why Market to Current Customers? we challenged you to look at your business and evaluate how your company approaches relationship building and how well your employees build those relationships. We wanted to follow with more tips to make your CRM&M work for you!

Tip #1: Our favorite reminder—avoid the hard sell! If you communication is always about your business and products, people will tune out.

Tip #2: Let your personality shine through. Read the full article…

CRM & Marketing Series: Part 1 | Why Market to Current Customers?

That’s a great question. The best answer I can give you is that it costs 3-8x more to acquire a new customer than to retain an existing one. In today's competitive marketing environment, business owners and managers need every advantage they can get. Customer relationship management and marketing (CRM&M) keeps your business on the top of the mind of your customer. By doing so, customers are more likely to buy again, or upgrade to the next level, and the ‘reminder’ encourages them to be your advocates, and can generate referrals as your current customers recommend you to their friends and families.

There are both newer and tried and true methods you can utilize to stay top of mind with your customers. The channels you use will vary depending on your audience and what products or services you provide. Here are a few of our favorites:

1. Newsletters – newsletters are a popular way to educate and interest your clients. You may want to alternate printed and email versions. Read the full article...

Keeping Customers Engaged

In last month’s article on privacy concerns, we promised some ideas on keeping your customers engaged and ensuring they want to continue to receive your communications. In today’s information environment, marketers are tasked with the challenge of capturing the viewer’s attention while they are being bombarded with messages from all directions.

So, what can you do to be the firm that captures attention? Here are a few tips:

1. First and foremost, ask permission to continue communications. If you are mailing information out, have a phone number or email address for them to contact if they wish to opt-out of receiving mail from you. An easy unsubscribe process is required for email. While it’s great to have a large mailing list, there is a dollar cost associated with each contact. If they are really not interested, you are wasting money and annoying the reader.


2. Educate, don’t sell. Your goal is to provide value. Does that mean you can’t use a 20% off coupon for e-mail newsletter subscribers? Not at all! An occasional coupon does provide value—but there are so many other options.


3. Look for ways to connect on a more personal level. This might be including an employee profile in a newsletter or posting photos of a recent community service project on Flickr and adding a link to view them to your e-mail.


4. Make it easy for people to share. There are free social sharing buttons available. Use them!


5. Provide the information you promise. It can be extremely annoying to see a message that says, “Like us on Facebook to receive special discount offers,” only to be bombarded with other messages that do not meet expectations.


6. Vary style and content – within reason. I say “within reason” because you don’t want to go so far off track on the subject or style that you have loyal viewers unsubscribe. But you also don’t want them to drop off because they hear and see the same message over and over. Keep it interesting!

We hope these ideas help you to capture the attention of your clients and prospects and, ultimately, drive new business to your door. We'd love your feedback on how you keep customers engaged. If you have any questions, feel free to get in touch with us at info@vitalinkweb.com or call 919.850.0605.

Email Still Outpaces Online Networking

Internet users spend about 4.6 hours a week on social networking, a survey from global market research firm TNS reports, but e-mail is what they use the Internet for most often. The survey found that users spend about 72 percent of their time every week reading and sending e-mails, which accounts for about 4.4 hours of activity.

Checking their Facebook and LinkedIn profiles and related activities takes up about 46 percent of their weekly time. Almost 75 percent say they check their e-mail every day, but fewer than half visit their social networking sites as frequently.

Given these statistics, it makes sense for you to have email as a component of your marketing plan. This may consist of monthly newsletters, coupons, invitations to special events or for free whitepapers or books. If you are not doing email now and need some help, give us a call at (919) 850-0605 or send an email: jfrazer@theexpertspeakers.com.

Making your Marketing Explode

Remember the really cool science experiment to make a volcano? You use simple ingredients like baking soda and dish soap. On their own they work for baking and cleaning, no wow factor. But when you combine the two you get a volcanic eruption. Pretty cool.

Marketing works in much the same way. If only one channel or technique is used to promote the business, firm, or product, many find they get so-so results and come to the conclusion that whatever channel or technique they used didn’t work. Unfortunately, this happens all too frequently and some marketing gets a bum rap.

The magic with marketing happens when you take an integrated marketing approach. Much like our volcano experiment, when you combine the right ingredients (marketing channel or technique) you’ll see an eruption in your results. Research shows that consumers must be exposed to your message multiple times before they notice you. It also helps to reach people in more than one way, as integrated marketing’s use of various channels and means to deliver your message also helps to reach people who have different learning styles. Someone may see an ad and have it barely register in their subconscious, but when they see a detailed description or recommendation through another source it clicks. Somehow they remember hearing about the product so they know it and now they have another message that hits them to ignite the volcano. Magic.

What does this mean? When you are working on your strategic marketing plan, you must expand your horizons. Look closely at the channels used by your current customers and those you would like to be customers. Even though integrated marketing requires multiple channels, you should only include as many channels as you can do well and consistently. This will vary based on whether you are a B2B or B2C company. The demographics of your customer base will also have an impact, with younger age groups more likely to respond to social media and mobile marketing channels.

Plan campaigns that will touch each person a minimum of 4-6 times and use more than one channel. Many people run to the web, social media, TV, direct mail, newspaper, or radio first. These are all good options depending on who you are trying to reach. But don’t neglect to have a strong, consistent Customer Relationship Management & Marketing (CRM&M) campaign, it is one of the most cost efficient marketing tools to increase business. If your business is referral based, also include a Professional Relationship Management & Marketing (PRM&M) campaign.

Be consistent with your branding and message. To make magic, your message and brand must be recognizable from channel to channel so people can make the connection in their minds. Monitor campaign effectiveness; don’t be afraid to adjust campaigns that are not working as well as you’d like. Converting new customers is frequently a numbers game—it all comes down to planning and effectively executing on those integrated marketing plans.

Think about how you can incorporate these ideas into your marketing strategy to improve your results. Questions and comments are welcome. Please share any success stories or challenges as well.

Follow up note: This article was picked up by the B2C Marketing Insider and appeared on the front page of Social Media Today!