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22/09/2022
Since weโve been talking about retention marketing for the past weeks, I just want to share with you the line that hooked me from what Iโve read just now.
โ๐๐ฉ ๐จ๐ค๐ช๐ฃ๐๐จ ๐ก๐๐ ๐ ๐ ๐ฉ๐ง๐๐๐ ๐ฆ๐ช๐๐จ๐ฉ๐๐ค๐ฃ, ๐๐ช๐ฉ ๐ฉ๐๐ ๐๐ฃ๐จ๐ฌ๐๐ง ๐๐จ๐ฃโ๐ฉ โ๐๐๐ฆ๐ช๐๐ง๐๐ฃ๐ ๐ฉ๐ฌ๐ค ๐๐ช๐จ๐ฉ๐ค๐ข๐๐ง๐จ.โ ๐๐ฉโ๐จ ๐๐๐ฉ๐ช๐๐ก๐ก๐ฎ ๐ง๐๐ฉ๐๐๐ฃ๐๐ฃ๐ ๐๐ฃ ๐๐ญ๐๐จ๐ฉ๐๐ฃ๐ ๐๐ช๐จ๐ฉ๐ค๐ข๐๐ง.โ (๐ฒ๐ถ๐ฐ๐ต๐ฆ๐ฅ ๐ฃ๐บ ๐๐ฐ๐ฑ๐ฉ๐ช๐ข ๐๐ฆ๐ณ๐ฏ๐ข๐ป๐ป๐ข๐ฏ๐ช, ๐ข ๐๐ฐ๐ฑ๐ฉ๐ช๐ข ๐๐ฆ๐ณ๐ฏ๐ข๐ป๐ป๐ข๐ฏ๐ช ๐ข ๐๐ฆ๐ฏ๐ช๐ฐ๐ณ ๐๐ณ๐ฐ๐ฅ๐ถ๐ค๐ต ๐๐ข๐ณ๐ฌ๐ฆ๐ต๐ช๐ฏ๐จ ๐๐ข๐ฏ๐ข๐จ๐ฆ๐ณ).
And what I could say about it is that,
โIt's true but it dependsโ ๐๐ป
If your business is new with little to no customers, then you should emphasize customer acquisition.
But, as consumers appear, you don't want to take their money and lose their future deals.
Instead, you intend to do everything possible to generate repeat purchases and customer loyalty.
And with that, thatโs where retention marketing comes to the rescue!
However, ๐๐๐๐ ๐๐ ๐๐๐๐
๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐ ๐
๐๐๐๐๐๐๐๐๐
๐๐๐๐๐๐๐ ๐
๐๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐
๐
๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ โจ
Donโt worry as we will share with you a handful of our top customer retention strategies and what makes them unique.
First is ๐๐จ๐ฒ๐๐ฅ๐ญ๐ฒ ๐๐ซ๐จ๐ ๐ซ๐๐ฆ๐ฌ.
Itโs nice to show our buyers that we actually care and appreciate them ๐ค
Loyalty marketing programs are not a new concept and have been around in various forms since the 1700s.
It is an approach for increasing and maintaining existing customers
by offering incentives such as free gifts, discounts, and/or exclusive access. ๐
When people realize that you notice that they frequent your shop or e-commerce business,
relationships shift from business and buyer, to brand and friend ๐
The second is to have ๐๐ฎ๐ฅ๐ญ๐ข๐๐ก๐๐ง๐ง๐๐ฅ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฉ๐ญ๐ข๐จ๐ง๐ฌ
Be approachable in the most convenient ways to your dear customers
Don't force your customers to connect with you on your grounds.
Instead, allow them the freedom to speak where they feel most at ease.๐๐ป
Give them options like email, Facebook Messenger, SMS, Chat, Voice, WhatsApp, etc.
These channels will help customers to talk to you about anything they need or like.
And lastly is, Email Marketing! โจ
Although the popularity of social media and unwanted spam email (which, by the way, is never a smart marketing plan) ๐คฆ๐ปโโ๏ธ
Email continues to be the most effective tool to develop leads and increase customer loyalty.
It also allows you to gain insight from prior marketing initiatives, enhance your target demographic, and develop your messaging.
One great thing about email marketing is thatโฆ ๐ฎ๐ค๐ช๐ง ๐ก๐๐จ๐ฉ ๐๐จ ๐๐ฃ๐ฉ๐๐ง๐๐ก๐ฎ ๐ฎ๐ค๐ช๐ง๐จ! ๐คฉ
Your account (together with all of your followers and postings) on any social networking site may be suspended or destroyed at any time, for any reason, and without warning.
But your email list, on the other hand, is yours.
Nobody can take those leads away from you.
And those are some of the handful of retention marketing strategies for you!
If you want to learn more about retention marketing, stay tuned to this page!
And in case you feel lost and need some guidance from a professional
You can start by going to this link to schedule a strategy call: https://plus63.agency/strat-call , and let us help you bring the most out of your marketing! ๐
09/09/2022
A little fun fact for youโฆ
๐๐ข๐ ๐ฒ๐จ๐ฎ ๐ค๐ง๐จ๐ฐ ๐ญ๐ก๐จ๐ฌ๐ ๐ซ๐๐ฉ๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ๐ฌ ๐๐ซ๐ ๐ญ๐ก๐ ๐จ๐ง๐๐ฌ ๐ฐ๐ก๐จ ๐๐ซ๐ ๐ซ๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐ข๐๐ฅ๐ ๐๐จ๐ซ ๐๐% ๐จ๐ ๐ ๐ฌ๐ญ๐จ๐ซ๐'๐ฌ ๐ซ๐๐ฏ๐๐ง๐ฎ๐?
Even more astounding fact is that only 8% of consumers contribute 40% of total incomeโyour โจ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐โจ
Why, then, are so many businesses still focused on acquiring new customers?
Every month, businesses focus their budget on
ads alone to acquire new customers.
But, is it really the way for us to be successful in the business?
As we look at successful brands, we could see that most successful businesses prioritize ๐ค๐ถ๐ด๐ต๐ฐ๐ฎ๐ฆ๐ณ ๐ณ๐ฆ๐ต๐ฆ๐ฏ๐ต๐ช๐ฐ๐ฏ
because they understand that the consumers they currently have are the ones that keep their business afloat and growing.
๐๐๐ญ๐๐ง๐ญ๐ข๐จ๐ง ๐ฆ๐๐ซ๐ค๐๐ญ๐ข๐ง๐ isn't a new approach, but it certainly deserves more love and attention โค
Even though we truly love to gain new customers for our brand
Isnโt it more valuable and awesome to have 10 brand supporters than having 100 loosey-goosey consumers?
Because those hundred flaky customers may only buy once in their lives
but those who are brand loyal will buy for themselves, their children, their friends, colleagues, and perhaps (just maybe) their pets. ๐
And while retention marketing may appear to be simply another term, it is ๐ค๐ณ๐ช๐ต๐ช๐ค๐ข๐ญ ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ด๐ถ๐ค๐ค๐ฆ๐ด๐ด ๐ข๐ฏ๐ฅ ๐ด๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ฐ๐ง ๐ข๐ฏ๐บ ๐ฆ-๐ค๐ฐ๐ฎ๐ฎ๐ฆ๐ณ๐ค๐ฆ.
In a nutshell, retention marketing is concerned with recurring purchases from previous consumers. ๐
The primary purpose of retention marketing is to encourage repeat customers to purchase more frequently and with bigger order values, hence increasing your customers' lifetime value. ๐ธ
Marketing without retention is just like pushing your customers through the checkout line, and out the back door. (Thank you, next!)
From that point of view, it's the trap many businesses fall into ๐ฑ
constantly pouring money at brand-new customers and potential purchasers rather than ๐ค๐ฐ๐ฏ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ต๐ช๐ฏ๐จ ๐ฐ๐ฏ ๐ญ๐ช๐ง๐ฆ๐ญ๐ฐ๐ฏ๐จ ๐ค๐ถ๐ด๐ต๐ฐ๐ฎ๐ฆ๐ณ๐ด ๐ข๐ฏ๐ฅ ๐ณ๐ฆ๐ฑ๐ฆ๐ข๐ต ๐ฑ๐ถ๐ณ๐ค๐ฉ๐ข๐ด๐ฆ๐ด.
Remember that client retention marketing should be only another component of your total e-commerce marketing plan.
Customer acquisition will always be vital, but we should also consider looking at why customer retention marketing should be a priority.
Ready to approach your marketing differently? ๐ค
Youโve come to the right place! ๐
We will walk you through retention marketing and everything you need to know about it!
So like our page and stay in tune!
And if you ever needed professional guidance, donโt hesitate to click this link to schedule a strategy call: https://plus63.agency/strat-call โจ
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