Relationship
Marketing -- Key For Small Local Business
©
Sharon Fling
Someone
wrote me recently and said "I don't think every small
business has the need nor inclination to send regular
follow up emails."
The
"no inclination" part I can believe, but no need? Not
unless you have all the business you can handle. Otherwise
you need to collect (opt-in) email addresses at every
opportunity, and use them to establish and build relationships
with your prospects and customers.
The
key word in that sentence? Relationships. If you want
to promote your business effectively online, relationship
marketing is key.
WHAT
IS RELATIONSHIP MARKETING?
Relationship
marketing is the act of building close relationships with
existing customers and prospects. It's about having an
ongoing dialogue with them over a period of time. It can
also include gathering customer information and analyzing
their behavior, but don't let that scare you. You can
practice relationship marketing on a small scale and get
plenty of benefits without implementing a full-blown system.
You
may not have the financial resources of Office Depot or
WalMart, but as a small business owner, you can do something
they can't -- have real person-to-person relationships
with your customers.
There
are 2 critical components to making this strategy work:
a relationship-oriented website and the consistent use
of email to stay in touch.
RELATIONSHIP-ORIENTED
WEBSITE
The
relationship marketing process starts when a visitor arrives
on your website. If you want the relationship to progress
beyond "hello", make sure it's a wonderful experience.
Invite her in, introduce yourself, and offer refreshments
in the form of free information or something equally enticing.
At
this point you should ask for her email address so you
can send more valuble information in the future. This
is crucial to your success - you must obtain the email
address on the first visit. You may not get a second chance.
Once
you have the email address, point your visitor toward
helpful resources. A restaurant could offer recipes or
discount coupons. A plumbing business might offer tips
for avoiding costly repairs. A small business site could
offer a collection of articles. Whatever the business,
there's some sort of information or gift customers would
find useful. Give valuable information freely and don't
worry about giving too much away.
Ideally
you'd have the ability to collect information about individual
customers, but not all small businesses can afford the
technology needed to track individual preferences and
provide different experiences based upon them. If you
can't, don't worry about it. But do try to collect first
name at a minimum so you can personalize emails.
What
else characterizes a relationship-oriented website?
TWO-WAY
DIALOGUE
Make it easy for customers to contact you and encourage
them to do so; what you want is a two-way dialogue between
you and your customer. When in doubt, ask them what they
want. They'll tell you. If you find out what your customer
wants and become a friend, you will beat most of the competition
hands down. And be human -life is in the details.
FAQs
Make it easy for people to find the information they need
by providing online help files. Make a note of questions
you're asked repeatedly and compile them into a FAQ (Frequently
Asked Questions).
FREQUENT
UPDATES
If
you want people to visit frequently, you must give them
a reason -- new content, a fresh look every how and then,
information updates. A website is never finished.
MONEY-BACK GUARANTEE
If you're selling something, you should offer an ironclad
"no questions asked" money-back guarantee! Then honor
it. Sure, there are jerks out there who will try to rip
you off. Consider it a cost of doing business online.
FREE OFFER
And of course the most important thing on the first page
and every page is your subscription box with offer of
a FREE report or other incentive your customers would
value.
Above
all, show your customers that you're in it for the long
haul, not the quick score. No flashing banners screaming
"Buy Me!". No pressure to hurry up and buy before midnight.
Set yourself apart from your competition. Slow and steady
wins the race...and builds relationships.
CONSISTENT
USE OF EMAIL
If
you are emailing your local customers, sending them offers,
coupons, and useful information about your business, you
are more likely to get their business than some stranger
out in cyberspace. And if you're sending out a newsletter,
you'll be light years ahead of all of your competition,
local or not!
Maybe
the idea of having to write a newsletter is the stumbling
block. If so, don't call it an ezine and don't lock yourself
into a schedule. But just as you use snail mail, newspaper
ads, radio or tv ads to keep your name in front of your
customers, you should use email to do the same thing.
And it's a lot cheaper than any other form of advertising,
so why on earth wouldn't you?
Here
are a few ways to use email to create "brand" awareness
within your local community.
KEEP IN TOUCH
Email your customers and prospects on a regular basis,
at least twice a month. Any less than that and they may
forget you. Don't contact them just to sell them something.
Send them useful information, related articles, notice
of new content on your website, product announcements,
etc. Your goal is to keep in touch so that if they or
someone they know needs your product or service, you'll
be the one they call.
SUPPORT
When customers purchase a product or service, use email
to help them get the most out of it. For a book or publication,
it could be an email "walkthru" series highlighting important
topics, or telling them what they would learn if they'd
only read it!
JOINT
VENTURES
If at all possible, you should do joint ventures with
neighboring businesses. Band together with several other
(non-competing) businesses and form a coupon exchange.
Every week or two, each of you send the same email to
your customer list, with email coupons for each business,
or a link to a web page with the coupons.
TIMELY RESPONSE
When your customer does "raise her hand", reward her with
a quick response! There's nothing more de-motivating than
an unanswered email to someone who claims to want my business.
More than once I've purchased a product and written a
followup email, only to have it go unanswered. Guess who
won't get another dime of my money?
I
know all of this sounds like an awful lot of work, and
I won't lie to you...relationship marketing is time consuming
and can be hard work. If it were easy, everybody would
be doing it.
Building
a website that focuses on the customer takes more thought
than slapping up an ego site (all about you). Maintaining
a mailing list can be a real pain. Unsubscribing people
who can't seem to read. Potential spam complaints. Answering
subscriber questions. Responding to feedback or inquuiries.
It's
so much easier to forget the whole thing, which is what
most people do. On the internet, if you want to rise above
the clutter, you must do something to distinguish yourself
from the masses. You must be willing to do what others
are not willing to do. For a small business, that means
relationship marketing.