Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











How well do you know your customers?

Guest post by: Sue Henry

Article Overview: Having a good understanding of who your customers are can help you to accelerate your sales process and ensure repeat sales with the customers you already have. Knowing them well can give you insights for how to develop your products and services and stay ahead of your competitors. In this artile we explore five simple things you can do each week to keep your business ahead of the game.

Free Download - Social Media: Marketing Tool or Time Waster? By Sue Henry
Name: Email:

How well do you know your customers?

Recently whilst I was analysing my sales and marketing activities I discovered that my closing rate for a business sale is 98%. I was discussing this with an associate who asked me how I managed to achieve that and keep it consistent? My answer very simply was I know clearly who my customers are, where they are located and how to target them. Therefore I only focus my energies on marketing and promoting to that group. When I commenced my business I spent a large amount of time working on my marketing plan, identifying, researching and describing my target market. I continually ask my customers questions about their needs, what publications they read, what networks they attend and generally how they get information to improve their respective businesses.

I maintain regular contact with my existing customers, contacts and potential customers, this way I can respond to the needs of the market that business is in. Here are 5 keys that I use to get to know my customers that might help your business:

1. Develop a system to stay in contact

My database is my best support in business. I use it to keep details that are pertinent to my customers, information and facts that are important to them and their needs. I have a contact cycle in place so that each person is contacted on a regular basis. More often than not, I have obtained extra sales or developed new customers from this approach. Develop your own cycle to include face to face visits, phone calls, emails, newsletters and letters with interesting pieces of information.

2. Maintaining phone contact

I make it a general rule to contact two people everyday (no exceptions!). These two people can either be existing customers, business associates, suppliers, contacts or potential customers. This one habit has helped to increase the amount of referral business that I have.

3. Increased face to face contact

I love the face to face visits, particularly in today's world when we rely so much on the internet and email for communication with our customers. I recently experienced almost two days without internet access and it felt like I had been cut off from the business world. I was annoyed and felt inconvenienced at first, then I asked myself how could I turn the situation to my advantage?

I went back to one of the core beliefs that I have and called several customers and organised to visit them during my down time. At these visits I gained invaluable time and knowledge about their business and needs that I may not have had, the bonus was I also gained a new customer by visiting with an old business associate!

4. Email contact

I once read that you cannot service too much. This piece of information has been a guiding light for the use of email in my business. I view each email that I send to my customers with this guide... Will this be of service for X? Sometimes these emails are newsletters, interesting pieces of information, quotes, articles of interest, ideas, surveys or even a quick hello. I don't know the magic formula for how much is too much with email communication - what I do know is what my customers like, and I only know this by asking them and getting to know them better!

5. Enjoy what you do and keep it fun

Enjoy what you do, keep it fun and let everyone know! I believe this is the one of the most critical factors. Do what you love, love what you do! Sales and marketing, training, workshops and the ability to interact with people everyday is what I love, therefore it makes it easy for me to talk to my customers, associates and potential customers.

Related Articles
  How to Generate Sales and the Danger of Vitamin C Deficiency
  Having Conversations with Prospects
  Sales Killers to Avoid
  Enhance Your Value
  Sales Prospecting for Sales Results
  They all buy. Only some return time and again
  Are you in a 'BS' Business?
  The softest sell
  Social Media Marketing Tips for Travel Agents
  Are You Fishing For Customers?
  Increase Sales by Building a Comprehensive Profile for Each of Your Loyal Customers
  Keeping Online Customers Away From Your Compettition
  What Is Marketing And How Did It Change?
  Extraordinary Customer Service: Where Does It Begin?
  Razor cut-through!
  Using Freebies To Get Consumers Feedback
  3 Steps for Leaders When the Customer is Wrong
  Determining Their Needs
  How One Big Idea Can Reel In The Customers
  Overview of Find New Customers

Home > Small-Business-Consulting > Sue Henry > How well do you know your customers >
Article Tags: customer contact, insights, marketing, sales, small business, understanding how to sell to customers

About the Author: Sue Henry
RSS for Sue's articles - Visit Sue's website

Sue Henry is an Australian networking and small business expert and co-author (Network or Perish and Accelerate: How to Accelerate Your Business, Yourself and Your Networking Skills). She is in demand as a public speaker, motivator and small business expert. Sue believes in delivering information that is practical, informative and entertaining.

Click here to visit Sue's website
Dashed Line

More from Sue Henry
Social Media Marketing Tool or Time Waster
What really makes you unique
Get Consistent Results with Consistent Action
How well do you know your customers
The Power of Three for Your Business


Related Forum Posts
Re: Marketing to Wealthy Consumers Re: Marketing to Wealthy Consumers - Hi Russell - lots of great ideas so far! I haven't seen talk about referrals yet though. It's the most powerful way to reach more wealthy consumers if you already have an established base. I'm assuming that your customers may be repeat clients but there is a long time period between purchases (they don't come every month for a new item). Have you tried any referral programs for existing customers or thought of a way to stay in touch with your customers on a regular basis so at least they keep your company top of mind?
Firing your customers Firing your customers - We all work so hard to bring on new customers and generate new revenue but sometimes certain customers are just too difficult to deal with and can be a drain on your time, energy, and resources. Have you had to fire a customer for bad behavior?
Re: Hi I'm new here Re: Hi I'm new here - BIG WELCOME TO THE FORUM. I love it when someone other than Japanese is learning JAPANESE KAIZEN philosophy. And it's funny how Malaysian and Japanese are gathering at a Canadian entreprenuers forum. I've only worked for three companies in US after college, all Fortune 500. But they all care about shareholders and not so much about customers. They say they do, but not really from what I know as customer service and they nickle and dime from their customers feeling the pressure from their shareholders to make every quarter big. Companies here do many things to their customers simply "because they can". Sorry to get sidetrack as usual. Sayonara, Takuya
Product promotion strategy Product promotion strategy - I do not know whether domestic users are end-terminal user or not. We started the business by selling the product in local markets and the feedbacks was awesome. A lot of customers keep coming back for more and always refer another customers to try our products. Majority of our sales still come from domestic users. we have some commercial customers that sometimes refer other shopowners (mainly fish n chips shop or restaurant)to try our products; the feedback was great, that’s why my boss is very aggressive at the moment. Do you think cold calling is better at this stage to open our market to industrial and commercial users as well as resellers? or jus knock on their door or doing the traditional promotion?
Franchise of a popular call center Franchise of a popular call center - Hi All, I was planning to setup a franchise of a popular call center services company . They are giving several services to their customers like - knowledge management , workforce management , Business Process Automation etc. Now I need to know that from where and how I should start and who must be my targeting customers.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Adjusting Your World

The True Cost of Employee Turnover

Are You Listening?

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.