Increase your Repeat Business

Standard

Cultivating repeat business is a smart move because you’re leveraging time and money that you’ve already spent. Here’s how you can do it for your business:

 

1. Find out what your customers want.

In many ways, you’ve already done this step. You’ve completed some thorough target market research, and continue to review your customer’s purchasing patterns. You also continuously test and measure your marketing copy so that you are sure to tap into their motivations. Don’t you?!

To go a step further, you need to find out what they need from and think about their experience with your business. You need to figure out what is important to them and what they may not care about.

Here are some ways you can do this:

  1. Conduct a survey of your existing customers. Create a short customer service feedback survey, and ask all your customers to complete it. You can easily do this through online survey programs, or hand out cards. You may need to provide an incentive for customers to fill it out – like 10% off their next purchase, or a chance to win a prize. Keep the survey short – about 10 questions – and focus on asking a mix of multiple choice and open-ended questions. I use survey monkey.
  2. Cultivate meaningful relationships with your customers. If it is appropriate, nurture a social relationship with your clients. Take them out to lunch or dinner, or a sports game. In these relaxed environments, you’ll be able to easily learn new things about your customer that will show you how you can go above and beyond their expectations.
  3. Go to trade shows and industry events that matter to your customers. This will give you insight into what your competition is doing, as well as what products or services your customers are interested in. Remember that if your customers are keenly interested in a topic – like the environment, for example – that is not directly related to your business, you may also benefit from attending.
  4. Keep on top of trends and anticipate needs. Keep on top of trends in your industry so you can stay up to speed and on par with the competition. Also, if you follow what your customers are doing – if, for example, they’re athletes or high-powered businessmen – you’ll be able to anticipate their needs.
  5. Always ask for suggestions and feedback. Provide an ongoing place where you customers can provide their feedback or suggestions in an anonymous form. Review these cards regularly, and make changes and improvements where possible.

2. Give your customers what they want.

Now that you have cultivated a greater understanding of what matters to your customer base, you can start giving it to them! Here are some general suggestions for ways you can enhance your customer’s experience.

Remember to take their feedback and incorporate it wherever possible. Don’t be afraid of getting creative – unique touches will make sure your business will be remembered and revisited.

Here are some guidelines for enhancing your customer service:

  • Everything you do should be customer-driven. The service the customer receives is exactly how they would like to be treated when buying your product or service. It is reflective of your target market, and appropriate to their lifestyle. Customers would probably not appreciate white linen tablecloths at a fast food restaurant, but they would appreciate a 2 minutes or less guarantee.
  • Make your customer’s life as easy as possible. Your customers are coming to you for a solution to their problem or need. They’re coming to you to make their lives easier, so go a step further than just providing the product or service they need. Make it nearly effortless for the customer to spend money at your place of business. Convenience can take many forms – location, product selection, value-added services like delivery – and it is also consistent.
  • Be consistent with your products and services. The standards you establish for customer service need to be maintained by every person in your organisation. Same goes for every product in your business. Expectations should be clear and followed through. When customers know what to expect (and are happy with the service), they will choose your business because they trust that you have their best interests in mind. They want their buying experience to be risk and surprise-free.

Easy really! – More on this next time…