5 Tips to Win New Business from Past Customers

8
5 Tips to Win New Business from Past Customers The customers you currently have are likely your best source of future revenue. It’s 50% easier to sell to a customer who has purchased from you previously than it is to get a sale from a highly qualified, but brand new prospect. To effectively market to past customers.

description

A simple email reminder that your customer has a purchase in progress can result in over 10% percent abandoned cart conversion. On more valuable sales, consider following up with a personalized call or email to help them complete the transaction. - PowerPoint PPT Presentation

Transcript of 5 Tips to Win New Business from Past Customers

Page 1: 5 Tips to Win New Business from Past Customers

5 Tips to Win New Business from Past Customers

The customers you currently have are likely your best source of future revenue.

It’s 50% easier to sell to a customer who has purchased from you previously than it is to get a sale from a highly qualified, but brand new prospect.

To effectively market to past customers.

Page 2: 5 Tips to Win New Business from Past Customers

Gathering the right contact information at the time of sale, allows you to reach out to customers again.

If you sell consumable products, sending an email offer around the time they would need to order again is highly effective.

Our customers report as much as a 70% increase in conversion, over generic email marketing, when they send these types of targeted offers.

1. Contact customers at the right intervals after a sale.

Page 3: 5 Tips to Win New Business from Past Customers

2. Follow up on abandoned carts.

A simple email reminder that your customer has a purchase in progress can result in over 10% percent abandoned cart conversion.

On more valuable sales, consider following up with a personalized call or email to help them complete the transaction.

Many OroCRM customers create rules, initiating a personal follow up to abandoned shopping carts above a certain monetary amount, even having their Customer Service Rep offer to complete the order.

Page 4: 5 Tips to Win New Business from Past Customers

3. Go above and beyond to resolve customer service issues. Industry analysts attribute poor customer service to $83 billion

per year in lost sales.

No business is perfect. Orders get lost, wrong items are shipped and appointments are sometimes canceled or forgotten.

When this does happen, it is in your company’s best interest to go above and beyond to correct the issue.

In this highly connected age where every customer has the opportunity to be your brand ambassador or detractor, customer service is an extension of your marketing department.

Page 5: 5 Tips to Win New Business from Past Customers

4. Create marketing content that benefits current customers. A lot of content marketing is geared toward acquisition.

It’s also important to create content marketing pieces that are of value to your current customers.

Write blog posts that dissect issues important to members of your clients’ industries.

Offer webinars to help customers learn about advanced product features.

By providing useful content you gain ongoing customer mindshare and a perception of credibility.

Page 6: 5 Tips to Win New Business from Past Customers

5. Offer complementary products and services.

In some cases, the right complementary products are obvious.your customers will also be in the market for lures, line and reels.

Offering complimentary products and services such as a free hat with purchase of a high-end fishing pole or free shipping over a certain order amount can create a sense of excitement among existing customers.

Many of our customers are creating segments they never saw previously as they analyze cross-channel data, opening up a world of interesting marketing opportunities.

Page 7: 5 Tips to Win New Business from Past Customers

Contact Us Company HeadquartersOro Inc.8455 Beverly Blvd. #401Los Angeles, CA 90048

TelephonePhone: +1-650-209-0581

Visit Our website:

http://www.orocrm.com

Page 8: 5 Tips to Win New Business from Past Customers

Thank You