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Showing posts with label Sales Lead Lists. Show all posts
Showing posts with label Sales Lead Lists. Show all posts

Wednesday, January 6, 2010

Five Ways to Get Repeat Business in 2010

It's time to re-engage Inactive Subscribers
Year beginning is the best time to renew ties with friends and with inactive customers. Start early with a detailed plan to re-kindle relationship with customers who have purchased from you.
Before you get head-start with customer acquisition strategy, it's imperative to re-build ties with past customers. It costs anywhere between 4 to 8 times more to acquire a new customer than to retain one. When you consider this cost, it's better to invest time and resource on customer reactivation plans.
To re-engage sleepy subscribers, you can consider re-activation emails using the following tactics:
  • Offer a complimentary white paper, e-book, free download or free trial of a product to the inactive subscribers.
  • Send a limited period offer. This creates a sense of urgency & prompt email recipients to act on it.
  • Segment the inactive customers/subscribers based on their profile, product purchased. Send re-activation survey/poll to get the users feedback on the service competency.
  • Send re-engagement messages to the inactive group and remind them the benefits of continued business ties.
  • Use personalized mails with customer-reward programs.
Stay competitive, stay visible
Keep an eye on the existing customers/subscribers. They are your golden goose for 2010. Pamper current customers with relevant offers, value-added services and differential treatment. Remember, the way to get golden eggs (profitability) is by laying the right ground-work that recognizes & rewards existing customers.

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