Friday, February 17, 2012

Client Data is Golden

Did you know you have a gold mine inside your business? Your client information is your business's gold. Instead of always chasing new customers, marketing to the clients you already have builds customer loyalty and provides a higher return on your market dollars. Here are some quick tips to mine for your own gold!

Collect Customer Info

Encourage new clients to fill out client info cards. Data collected should include mailing address, email, and phone/cell numbers. Ask questions regarding the type of products and services they interested in. This data will be instrumental in creating effective marketing campaigns. Make sure this data is captured in your internal client database such as your software system or your own spreadsheet.

Data Marketing
Putting the data into action is the fun part! Sorting your client lists by customer types such as women or men, color clients, VIP spenders, retail products purchased - the possibilities are endless. From there you can target postcard campaigns, email blasts, or special promotions relevant to what interests those clients. Bulk campaigns to your whole list can be used for general newsletters or overall promotions.

Loyalty Programs
Using your customer data in loyalty programs can also increase sales. Offering special VIP stats for long time clients with a discount or free products creates excitement and makes your customers feel valued. By capturing your client's first service date, you can send anniversary cards with a thank you message and special discount. Feature long term clients in your newsletters or hold a VIP event with complimentary service or gift bag of trial size products. Celebrating and appreciating their business does wonders for loyalty.

Once you have loyal customers who love your brand and services, ask for referrals. Offer a special incentive for the client who refers as well as the potential new client. Have your current customer pass you the referrals contact data and send an postcard with an intro offer. Once that referral becomes an client, employ all the steps above.

Your clients are your best asset. Mine your data well and watch your profits grow!

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