If you’re looking for a reliable way to bring in revenue, the best place to start is by contacting your best customers.
Start by Segmenting Your Customer List
Your best customers are the most likely to purchase. Try dividing by sales or average order size. Analyzing your customers will identify strategic breaking points between groups. When [...]
Ed Mayer is credited with stating the idea that direct marketing success is attributed to:
40% List
40% Offer
20% Everything Else
As we all optimistically look forward and consider fresh marketing approaches, how can we help you?
Is it time to append your customer list with more details that will give you more [...]
DMNews recently talked with experts about the best ways to combine and leverage customer data.
Elissa Tomasetti, VP of marketing, Financial Times, suggested that creating a single view of your customer will allow for better targeting.
Sal Pecoraro, VP of database marketing solutions, Infogroup, advised looking for trends in behavior to refine follow-up with customers.
Dino Michetti, GM [...]
DMNews published a story about trends in marketing campaigns that stress customers’ ideas of “value”.
US consumer spending grew at the fastest rate in three years during the first quarter of 2010, according to figures from the Commerce Department. Overall spending grew 3.6%, with spending on durable goods increasing 11.3%. For nondurable goods, the increase was [...]
This term got some attention in a few blogs last month. What exactly is a data rock star? A steward who understands both the complex intricacies of data management as well as the larger business challenge. A data rock star can provide guidance on both the IT and business side on how to make the [...]
The Boston Globe reported that 62% of patients receiving intentionally fake treatment from friendly, empathetic doctors reported relief from their irritable bowel syndrome. This high number compared with 44% of a group that got the same fake treatment from impersonal, businesslike doctors.
Science is confirming that people respond much better to friendliness that demonstrates an understanding [...]
DMNews reported the efforts of some well know brands to maintain customer loyalty. Retaining customers has taken on renewed focus for many companies recently in an effort to combat reluctance to spend during the recession. Some loyalty programs have become more elaborate and offer more rewards and discounts than in the past.
“Target is looking for [...]
Use your own list
Your own list of customers and prospects who know you and have previously responded to your advertisements will generate a much greater response. Update your list frequently with changed addresses.
What is in it for the reader
What excites you may not be what resonates with your audience. What’s most important to your reader [...]
BNET recently posted an article titled, “Treat Your Customers Like Lifetime Investments”. They told the story of most retailers having a dismal year, with larger companies laying off employees and closing stores, and a smaller operations shutting down altogether. At the same time, Zane’s Cycles, a Branford, CT bicycle retailer, increased revenue 20 percent. How? [...]
Marketo provided the inspiration for these tips. They propose a process for growing business to business sales leads.
1. Nurture. Lead nurturing is the process of using many channels including the mail, phone, web, email, and other channels to build relationships with qualified prospects who are not ready for sales efforts. Many leads are still in [...]