Tag Archive - Relationship Marketing

How the Big Boys do Relationship Marketing

Relationship Marketing10 How the Big Boys do Relationship Marketing

Is relationship marketing strictly a tactic used by small businesses?

Do you think that relationship marketing is used when companies don’t have a lot of money to put into advertising? Think again.Walmart is one of the largest corporations in the world yet this company still uses relationship marketing. When was the last time you walked into a Walmart? Do you remember the person that greeted you at the door? These senior citizens are called, accurately enough, greeters.

The job of the Walmart greeter is to create a more friendly and personalized experience for the Walmart shopper. The greeter will say hello when you enter the store, provide you with a shopping cart if needed, add a little smiley sticker to any children that may have accompanied you and even say good bye as you leave the store with your cart full of goodies. This is Walmart’s way of letting their customers know they appreciate them. It’s relationship marketing. If you are a frequent Walmart shopper, the greeters may even learn your name and address you appropriately each time you come to their store.

Other retail establishments are also now offering greeters of a sort. Restaurants have their hosts/hostesses, hotels often have a greeter, even health clubs make sure to say hello and offer you a towel when you enter. All of these places learn your name and use it when you have become a good customer. Have you ever had the opportunity to have dinner in a country club with a regular member? The entire staff knows who they are, what their favorite meal is and what they like to drink.

What this all comes down to is how these businesses are showing their customers they are appreciated by using relationship marketing . This process builds loyalty and loyalty brings many benefits.

So how can you create a relationship marketing program if you don’t have a walk in business?

Consider ways you would like to say thank you. Don’t think about ways you can increase your business. It isn’t about that. Walmart doesn’t get customers to buy more by having a greeter at the door, they just say thanks! Think about ways you can tell your customers or clients that you really do appreciate their loyalty or purchase.

Here are some do’s and don’ts.

o Do send thank you notes or cards immediately upon purchase.

o Don’t include a discount coupon.

o Do send random thank you cards or holiday appreciation cards.

o Don’t tell them about your latest sale or special (at least not in this campaign).

o Do offer them gifts for referrals.

o Do make phone calls thanking customers for their business.

o Do find other ways to refer other businesses when your company can’t meet their specific needs. While this may seem counter productive, a customer will come back and refer more business to you when they feel you have their best interest in mind.

o Do get to know your customers. Take notes if need be to remind you about birthdays or special events. Keep track of their personal interests and listen to their personal stories. They will look on you as a friend, rather than as a necessary evil.

Relationship marketing is probably the least expensive way to market your business. It will take time and requires more from you on a personal level but the rewards will be well worth it.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

Facebook Marketing – How to Use Facebook Effectively to Dominate Your MLM Company

Facebook Marketing20 Facebook Marketing   How to Use Facebook Effectively to Dominate Your MLM Company
Facebook is by far the greatest social media site and is continuing to grow like wild-fire. Facebook is not just another social media site, it is a great phenomenon which is shifting the way we communicate. Facebook is the number two most visited site on the planet. Money is made where communication is developed and Facebook is the number one place to do so. I’m going to give you some Facebook tips that you could use to generate 20-30 leads per day. Facebook is free, so if you don’t have an account go set up your profile right away.

First of all you need to get this straight, if you are going to market on Facebook or any other social media platform, then use it to building relationships and to NEVER spam your opportunity. Spamming will get you banned and it will also put off the leaders that you should be looking to recruit.

Why is Facebook A Great Marketing Tool?

* It is 100% free to use
* You don’t have to have much knowledge to market
* You don’t have to be computer savvy.

You can use this great tool to build friendships with people in the network marketing industry. Once you build a relationship with somebody, they will keep an eye on you and might even become involved in your opportunity. The truth is, people do business with people they trust. This business is based on relationships.

Leveraging Attraction Marketing will make you able to dominate any MLM company, make prospecting very easy for you and also increase your retention rate by 100%+. This type of marketing if very exciting and also very powerful.

Some Facebook Marketing Do’s and Don’ts

Do’s

* Complete your profile, make yourself stand out from the rest. Put in the right information and write about your unique selling proposition.
* Communicate with like-minded people, always look and read their profiles and see what you can help them with. Be sure to give them VALUE.
* Use a good picture, don’t put up a picture that makes you look like a retard, and also only put a picture of yourself.
*Find network marketing groups and attract like-minded people.

Don’ts

* Do not pitch your business opportunity everywhere, on first contact make sure to give value.
* Do not Spam on Facebook. It is is a communication tool to make friends so do that, connect with people and get to know them.

If use these tactics effectively and use it consistently then you will get a steady amount of leads for your business.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

The Fine Art of Relationship Marketing

Relationship Marketing7 The Fine Art of Relationship Marketing
The buzzword these days is “relationship” marketing. Just what is it? And why is it important? Relationship marketing is so much more than “networking. It’s gathering support of your friends, peers, and business contacts. It’s developing strong, lasting, unique relationships with your most valuable asset, your customer. It’s what keeps people “coming back for more.” It’s an excellent way to shorten the traditional routes of building trust, create opportunities, increase valuable contacts, to achieve success and excel in business.

Every opportunity you have to meet new people is an opportunity to grow your business! If you are willing to invest your time, networking is a process, and the payoffs are almost immeasurable. It’s not realistic to expect instant success. It takes time. You can plan your networking opportunities to shorten the time it takes to build those relationships.

What do you want and need to accomplish? Do you want to develop lifelong individual customers, land large accounts, or make an impact in your community? You will accomplish all three by getting involved in your local civic organizations, Chambers of Commerce, Business Associations, Non-Profit organizations, etc. One of the best ways to get to know people “up close and personal” is to volunteer to serve on a committee; give your time and talent to a cause. People want to do business with people who have similar interests and values.

Whom do you need to meet to accomplish your goals? And where do you meet them? Angel Cicerone, Associate Editor of the South Florida Business Journal says, “If you’re going fishing, go where the fish are.” Focus your efforts by being in the right place at the right time. It’s not just who you meet, but how and where you meet them. Meeting people in the “right places” adds credibility to that meeting. That’s not to say that striking up a conversation in the supermarket has no value. It does. It’s just that if you want to develop first class contacts, you must fly first class.

If you are flying first class, those sitting in the same section will view you as a peer. Of course, there’s no guarantee you’ll make those great contacts. However, if you don’t fly first class, you’ll never know. It may be worth the investment. The same people flying first class can also be found at those events, fundraisers and conferences in which you participate. Go where the people you wish to network with will be!

Are you willing to invest the time it takes to achieve your goals? How much time is enough? Begin with the end in mind. The key to relationship marketing’s success is to know what it is you want to accomplish. To start networking, you have to set your foot in the door.

Excerpted from The PMS Principles – Powerful Marketing Strategies to Grow Your Business

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

Relationship Marketing

Relationship Marketing11 Relationship Marketing
Can you make a difference with a card? We live in a society that is on the go and quickly forgets. We tend not to remember the relationships in our lives. These relationships, whether business or personal are important and need to be nurtured.

The average person sends ten cards per year. There is a need to send at least one card per day in order to stay in constant touch to show your appreciation. Appreciation is key in any relationship whether it is in the business world or in your personal life. Appreciation will help you build and establish better, stronger relationships.

Set yourself apart from the rest by adding a personal touch to your communication and marketing by showing your appreciation with real greeting cards. Take the time to show you are truly thankful with a personal greeting card. You will be first on the minds of your clients when it comes to referrals. Act on your prompting with a greeting card. Sending a card is a convenient and low-cost way to stay ahead of your competitors. Showing appreciation will help build your business.

Why send out cards? Because for every month that you do not communicate with clients you lose ten percent of your influence. Having loyal clients will help your business grow. We tend to take our relationships for granted. If you take the time and send thank you cards, birthday cards, holiday cards, or a card just because, you will be set apart from everyone else.

Send an unexpected card today and see how you can change someone’s day or life. Can you make a difference with a card?

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

The Disadvantage of Transactional Marketing and Why You Should Focus on Relationship Marketing

Relationship Marketing2 The Disadvantage of Transactional Marketing and Why You Should Focus on Relationship Marketing
The disadvantage of transactional marketing is that though you may be able to sell your product quickly, you aren’t building any sort of standing relationship with your customers. If you want to succeed in business you must be able to build and maintain customer relationships. Repeat business is the recipe for success.

What is Transactional Marketing?

The focus of this method is getting Point of Sale transactions by exercising methods commonly referred to as the four P’s.

Product – Making a product that meets the demands of the consumers. Pricing – Establishing a price that is both profitable and attractive to customers. Placing – Setting up an efficient distribution system for the product. Promote – Creating an appealing image and advertising it.

The most common place you see this type of marketing is when a company claims that their product X is better than anything offered by the competition. Sometimes these claims are unsubstantiated and rely only on their hype to catch the attention of prospective customers.

So what is the answer?

Relationship Marketing

This method can be applied when there are other products competing for customers to choose from and when there is an ongoing demand for the product or service offered. You need to focus on offering a good product and exemplary service to your customers. You want people to walk away thinking about the next time they will buy from you, or when they are going to tell all of their friends and family about what it is that you offer.

This is not to say that transactional marketing needs to be cut entirely from your arsenal of marketing techniques. It is still a necessary and essential tactic that should be used to build a client base. Even though the people you recruit from this type of marketing may not be repeat customers, if you treat them well and give them a good deal on a great product, they may carry your relationship marketing for you by word of mouth.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

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