7 Ways to Say Thank You
By Bob Martel
What has happened to the lost art and etiquette of thanking customers in
some appropriate way? The words 'thank you' creates a magical effect on
people, much like hearing their own name properly spoken (or spelled
correctly in a mailing).
How well are you "touching the customer" after the sale? Are you making
a memorable and timely impression that moves them along that coveted
lifetime value continuum? Are you doing anything whatsoever to help the
customer realize they made the right purchase decision, and fight off
those dreaded post-purchase blues? Too many marketers focus only on
programs designed to acquire new customers and they take existing
customers for granted. The benefits of a personalized thank you program
should be obvious yet very few marketers budget ‘thank you’ into their
plans.
Thanking your customers is a powerful strategy for turning the one-time
buyer into a longer-term customer and a fountain of referrals. Try these
proven methods:
- Thank high value customers: All
customers are not created equal. An annual handwritten thank you note
to your “top twenty percent” from the CEO is a smart strategy.
- Thank lost customers with a private
“win back” offer: A handwritten note to welcome them back, with an
irresistible offer works well. Reactivating past customers is one of
those forgotten fundamentals.
- Thank and sell: A handwritten note
with a customizable gift certificate is a proven winner and can move
inventory or get a plant to capacity!
- Thank with a gift: Induce
reciprocity and stimulate a sale or referral! A thank you gift works
wonders. Think high perceived value.
- Thank and save the sale: Beat the
cognitive dissonance demons by reassuring the customer. Great for any
high ticket item. Offer an add-on sale while you are at it!
- Thank and cross-sell: A handwritten
note to tell your best customers about a new product or service, with
an offer unavailable elsewhere.
- Thank the non-buyer: A handwritten
note to the non-buying prospect of a high ticket item can influence a
sale when the prospect is ready to purchase.
Make "thank you" a strategic and conscious component in your marketing
program and invest in the lifetime value of the relationships you have
already established. The challenge, of course, is to implement a timely
and sincere thank you program at a reasonable marketing cost. At the end
of the day, it’s all about direct marketing mathematics but aren’t your
best customers worth a couple of bucks for you to show your sincere
appreciation?
Bob Martel is a marketing consultant and a direct response copywriter. He
can be reached at (508)481-8383 or
bob@thanksabillion.com
The 2-Step Lead Generation Machine
By John Jantsch
Tired of chasing down leads that don't really want what you have to
sell? Use a 2-step advertising approach and your leads will practically
beg to do business with you.
Cold calling doesn’t work, it’s no fun and often you end up with leads,
or worse yet, clients, that don’t really value what you do. Having said
that, leads are the lifeblood of growth, without a lead, there is no
client.
Set-up a 2-step lead machine and you can say goodbye to cold calling
while generating all of the qualified, permission based leads you can
handle. The basic idea behind the 2- step approach is to create one or
more valuable reports, workshops, evaluations, trial products,
checklists, newsletters, courses or tip sheets. You know, something
like, “How To Tell If Your Roofing Contractor Is Lying To You” or “What
Every Senior Must Know About Bush’s Social Security Changes” or “101
More Things You Can Do With Your iPod.”
Now that you have your value packed written report or audio CD, every
bit of your advertising – that’s Yellow Pages, direct mail, back of your
business card, letterhead, email signature, web site – should focus on
getting people to pick up, request or download that report. Don’t try to
do anything else with your advertising, let the report sell you. See,
that’s step 1.
There are several reasons that this approach is so much more effective
for the small business owner than the traditional “image” type
advertising.
First off, if you only buy a 2 x 3 ad or send a 4 x 6 postcard, can you
really tell your story very well?
Secondly, this approach allows you to demonstrate your expertise in a
non-threatening, on the prospect’s own terms, way. Nobody likes to be
sold to, but if they take the time to read your report, understand what
you do that has value, have an 8-10 page conversation with you, the
relationship and trust has begun.
A person who has requested your free information in officially a hot
lead. When a prospect visits your web site they are effectively raising
their hand and identifying themselves as someone who is very interested
in what you do. Half of your sales job is done!
If your advertising is focused on gathering the lead into the free
report funnel, then your sales efforts are focused on taking that group
and only that group that raised their hands and taking them to the next
step in the process. That may be an appointment or just a series of more
advanced mailings. By the way that’s step 2.
So let's recap.
- Create a free information product
that your target market would see as a valuable read or listen.
- Advertise the free report in
everything you do.
- Capture the names and emails of those
who request the report.
- Follow-up on those leads
If you take this advice to heart, everything about how you market your
business will change. Finding new business will become a much more
rewarding and valuable experience.
--- John Jantsch is a marketing coach, author and creator of the Duct
Tape Marketing System. His website is
www.ducttapemarketing.com
Profiles of Success: Bill McMillan
This spring, we interviewed long time Quotit customer Bill McMillan. Bill
explains how his business sense and use of Quotit have helped him build a health
insurance agency from the domain name up over the past eight years.
Tell me a little about your agency and what insurance lines you market.
We do Health and Life, Individual and Families, and group – our biggest line is
individual. And, because of some of the health reform issues ahead, we started
to write casualty as well. In fact, we sold a pretty big agency back in 1983 and
recently got back into casualty because of the changes coming up.
We figure we have about another four years to sell with the changes coming up
and we’ll be ready. We’re not worried about it, so we’re diversifying. In fact,
we started to write medical in 1986 and I’ve been an agent since 1967. My Dad
sold his first policy in the property casualty side back in 1931.
We’re a husband and wife team with some employees who have been with us as long
as eight years now, and we always have a young person in college working with us
as an intern as well.
We do a lot of Blue Cross Blue Shield of Texas, but write pretty much all of the
carriers. We write all over the state of Texas but were located in Pasadena, a
suburb of Houston, in South East Harris County. In fact we’ve been in the top
fifty agencies selling Blue Cross Blue Shield for many years and then the
internet caught on and made the competition a lot tougher.
How
has your agency changed the way you do business in the last few years?
We
use mostly referrals, yellow pages and the internet. We tried some email
campaigns for awhile but they weren’t effective for; folks were trying get
people to our website through search and what not. I just didn’t see it as that
effective.
What
types of traditional marketing do you use?
We are
really involved in the community and we get a lot of referrals. In fact, while a
lot of brokers we know were having trouble getting business at the end of last
year and early this year, from November through February, we’ve increased our
business. We call people, we follow up with them, we will mail them something,
and we will still follow up.
What
expectations do you have when running a marketing campaign?
When
we did some email internet campaigns we were supposed to get more hits. We
worked with a company out in California and spent about $1000 a month and they
would send me leads that were also being sent to a lot of other agents. It just
didn’t work for us.
How
do you provide proposals for customers?
People
mostly go to our website and fill out an application and then we follow up with
them, call them, mail them something, we don’t just wait for something to happen
on the internet. We’re very involved with our customers.
“Quotit has been great to work with. They helped us get a website
going. They’re responsive to our needs and help us make changes and
handle our website. If we need to make more changes and things, we
just call them up and we get it done.”
-Bill McMillan, McMillan Agency
|
What
led you to look for other ways to market and sell insurance?
The
internet caught on and made the competition tougher. People could get
information a lot faster and they wanted to do it on line. We recognized that
and got involved with Quotit and it’s been great. Our presence on the internet
with our community style of customer service keeps us competitive and
successful.
How
has Quotit helped your agency?
Quotit
has been great to work with. They helped us get a website going. They’re
responsive to our needs and help us make changes and handle our website. If we
need to make more changes and things, we just call them up and we get it done.
How
has your business benefited from Quotit's proposal system?
I’m
a niche marketer and like to get quotes to people right away.
What
percentage of your business now comes from online?
We
like to do business with people we can talk to and we have that with Quotit.
And, that’s how we do business with people. About one third is from the
internet, one third yellow pages, and one third referrals.
Can
you go over how your agency manages visitors that go through your site?
The
number of visitors are not as high as we want, (Bill says he’ll get some numbers
to us). But, we using the responder (verify this) and again, we follow up, send
email quotes and then mail a package and follow up with a call.
What
do you like to do in your spare time?
I’m
a minister in our local church and like to spend time at Lake Travis in Austin.
I walk every day to the mall with some friends and have coffee at Starbucks
where I often run into clients and chat. I still go out and make sales in all
areas, at my young age of 70.
For more information contact:
Bill McMillan
McMillan Agency
800-680-7944
Converting Inquiries Into Orders
By Galen Stilson
Depending upon your order margin, your attempt at conversion may involve
anywhere from one to ten or more attempts. How many conversion attempts
is right for you? A rule of thumb is: "keep mailing until it's not
profitable to do so." If you still show a profit after 10 mailings, keep
on' a going.
What would a series of conversion attempts include? Here's a
hypothetical example:
- Attempt #1: Your full sales package,
including a "thanks for requesting information" note.
- Attempt #2: Carbon copy of original
letter with a reminder of any discount cut-off dates. Include a
testimonial sheet.
- Attempt #3: New letter giving a
premium expiration date. Response device to indicate last chance to
get premium.
- Attempt #4: Letter from a top-level
executive that uses a different appeal from past efforts.
- Attempt #5: New letter built around a
strong testimonial, backed by other testimonials. Offer a new premium
or incentive.
- Attempt #6: New letter built around
your guarantee and no-risk offer.
- Attempt #7: Last-chance offer that
summarizes the entire series. You might want to give a special "final
offer" -- a "bribe" -- if you will -- to make the sale.
The mailing time-frame might be one-per-week or every two weeks (depends
upon your experience).
After the conversion series is finished, those who did not order should
be plugged into a list of non-responders. These prospects should be
mailed (full dm package) on an annual or semi-annual basis until you
determine that they're no longer legitimate prospects.
Galen Stilson is a Direct Response Copywriter/Consultant.
Contact him at: 727-786-1411 |