The SoHo Store for Astute Online Marketers...

Don't Overlook The Easy Sales
                           by Bob Leduc

Are you so busy chasing down new customers that you completely
overlooked these two prime sources for easy sales?

Source 1: Existing Customers

Here are two ways you can use your relationship with existing
customers to generate additional business.

1. Offer Them Related Products or Services

Your existing customers already know you and trust you. It's
easier and cheaper to get more business from them than to get any
business from new prospects.

Find or create additional products and services you can offer to
existing customers. Your new products and services should be
closely related to those your customers originally bought from
you.

For example, I recently spoke with a network marketer selling
nutritional products. She also works with a health club that pays
her a commission for each new member she signs up. She told me
that over one third of her income is generated by offering the
related product to her customers.

2. Ask Them to Help You Find New Customers

Do you have a system to get referrals from satisfied customers?
If not, you are losing a lot of profitable sales you could easily
get.

One way to get referrals is with a brief Customer Survey.  Send
it by postal mail, email, fax or post it on a web page.  The one
I use asks only 3 questions:

1. What did you like best about our product (or service)?

2. What can we do to improve the value of our product (or
service) for you?

3. Who do you know trying to solve (state the problem you
solved for your customer)?
...or:
Who do you know that wants to (state the benefit provided
by your product or service)?

The first two questions focus attention on the benefits you
provide. Your customer is more likely to volunteer referrals
when they're thinking about the value of those benefits.

You also gain something else with the first two questions.  The
first question often generates a response you can use as a
testimonial (with your customer's permission). The second
question may provide an early warning of a problem you need to
solve ...or alert you to an opportunity you can exploit.

Source 2: Previous Non-Buyers

Most prospects will not buy from you the first time they hear
about your product or service ...or the first time they visit
your web site. You can recover many of these lost sales with a
follow up system.

Your follow up system can be as simple as contacting previous
prospects occasionally with a new offer. Or it can be more
complex such as distributing a weekly newsletter with topics
related to your product or service.

Problem For Internet Marketers: Many visitors to your web site
want what you offer - but they are not ready to buy right now.
You cannot follow up with them if they click away from your site
before you find out who they are and how to contact them.

The Solution: Post a complimentary offer on your site for
something valuable to prospects in your targeted market.  Deliver
it only by email so you can capture the email address of each
visitor who requests it.

For example, offer a complimentary subscription to your email
newsletter if you publish one. Otherwise, offer a special report,
a source list or other valuable information they cannot get
anywhere else.

Tip: Try to get each prospect's first name too. Use it to
personalize your follow up messages. People cannot resist reading
something when it is personally addressed to them.

Include existing customers and previous non-buyers in your
marketing efforts. Both are a prime source for easy sales.  And
you don't have to spend money on advertising to get them.

-----

Bob Leduc spent 20 years helping businesses just like yours
find new customers and increase sales. He just released a
New Edition of his manual, How To Build Your Small Business
Fast With Simple Postcards and several other publications to
help small businesses grow and prosper. For more information:
Email:
BobLeduc@aol.com Subject: "Postcards"
Phone: 702-658-1707 after 10 AM Pacific Time/Las Vegas, NV


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