HOW TO INCREASE SALES AND FIND
NEW CUSTOMERS
- Learn more about your customers
to increase sales
- Find new customers
- Reduce your selling costs
- And GROW YOUR BUSINESS!
Use Direct Mail and Database Marketing techniques to
generate inquiries and orders.
CHALLENGES FACING
MARKETERS
Marketers need a sharp focus in identifying potential
customers in their market area, and then reaching them with their sales
message. The key ingredient is INFORMATION -- an accurate database of
information on businesses and consumers, which can be selected in ways
to pinpoint potential customers.
THE FIRST STEP
IN MARKETING...Know Your Customers!
Who are my customers and what do they have in common?
HOW TO PROFILE YOUR CUSTOMERS
"Profiling" is nothing more than learning
more about your customers. Once you know their key characteristics, you'll
be equipped to find more new customers. It's a simple concept, but one
that's too often ignored.
- What types of businesses buy from me? What industries
are they in? What are their ages and incomes?
- How big are my customers? Are they mostly large
corporations, or small "Mom and Pop" operations? Are they
mail order buyers? What are their interests and lifestyles?
- Where are my customers located? In a regional sales
territory, or all across the country? Are there any areas that have
better potential than others?
THE "5-MINUTE MARKETING PLAN"
How to sell more to your existing customers. How to
find new customers.
"5-minute Marketing Plan"-- a simple, effective
approach to growing a business. Four basic groups: Large customers, active
customers, inactive customers, and new customers.
WINNING THE LOYALTY OF EXISTING CUSTOMERS
Too often, after we spend a lot of time and effort to
acquire a customer, we lose them because of neglect. It is absolutely
critical to stay in touch with your existing customers, if you want to
keep their loyalty and business. Make telephone calls with messagas such
as:
"I appreciate you business this year!" "Hello. Dunhill
List Co.? I'll be sending you our latest catalog."
The point is to keep your name in front of your existing
customers all the time. That way,
they won't forget about you and go somewhere else!
INACTIVE CUSTOMERS: "We miss you!"
Find out why these customers stopped buying, and do
whatever is necessary to get them back. It's a strategy that pays dividends!
Call the inactive customers to find out why they stopped buying.
NEW CUSTOMERS: "The Key to Growth"
Find more new customers to replace the ones lost due
to attrition.
How to Find New Customers:
Identify prospective customers by type of business (or SIC
Code), number of employees.or consumers by age, income, interests and
lifestyle. Mailing labels are used to send a catalog to prospects during
the year. Diskettes can be loaded into the sales automation software
on your PC. They can then be used for invoicing, personalized mailings
and follow-up.
SALES STRATEGIES:
Using Information to Sell Smarter
It all boils down to knowing more about your potential
customers. The more information you have the easier to find your target.
"Customers Profile Analysis" can help you
pinpoint who your best potential customers are or provide leads to your
salespeople.
"3X5" index cards are a convenient way to
distribute the leads among your salespeople. Or, you can order a diskette
to load into your sales and database management software.
How To Reduce Selling Costs and Improve Sales Productivity
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1. |
Help the salespeople identify potential
customers. |
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2. |
Provide leads of those potential customers
to them regularly. |
THE POWER OF
DIRECT MAIL
DIRECT MAIL FOR LEAD GENERATION
Direct mail can be a very effective way to generate
leads for the salespeople. In fact, direct mail is probably the most
economical advertising media.
The first step is knowing who to mail to. Mirror the
IDEAL prospect as close as possible.
What do you mail? Lead generation mailings are usually
very simple, since they are designed to get people interested, but not
to "make the sale". There are two types of "packages"
that are commonly used:
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1. |
An envelope mailing: Typically this
includes a sales letter, a brochure or flyer describing the product,
and a card to be filled out and sent back for more information. This
is the "ead" that goes to the salesperson. |
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2. |
A self-mailer: Often a simple brochure
that requires no envelope and costs less to produce. It is usually
printed on heavier paper, and has a perforated reply card to be sent
back. |
The message should include some kind of offer, so they
will call or write quickly.
Once a lead comes back in, it is very important to follow
up on it right away, before the prospect has a chance to "cool off"
or forgets about your product. Many programs fail because the leads don't
get followed up. Make sure you have a system to get leads to the salespeople
quickly, and make sure they follow up while the leads are fresh.
HOW TO SELL WITH DIRECT MAIL
In order to sell products through the mail, the catalog
or mailer must contain more product information than a lead generation
mailing. You should give that customer all the facts needed to make a
buying decision, so that they can simply call or write to order. Also,
a satisfaction guarantee will help generate more orders by giving the
customer more confidence.
We need to focus on the purpose of the mailing. Was
it designed to generate inquiries, or orders? What is the average order
size? What is the typical close rate on inquiries?
DIRECT MAIL "DO'S AND DON'TS"
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DO:
- Keep your message simple
- Test
- Analyze the response
- Mail more than once
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DON'T:
- Mail only once
- Forget existing customers
- Use the wrong list
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THE POWER OF THE TELEPHONE
Unleashing the Potential of Selling by Phone
Inbound Tele-Sales -- is a very cost-effective way to
take orders generated from a direct mail campaign, space ads, or other
advertising. To achieve optimum results, here are some tips:
- Answer the Phone Quickly (3
rings, not more than 4)
- Train the "Order-Takers"
to Sell
- Go after "Add-On Sales".
The upsell will increase your bottom line more that 10%.
Outbound Tele-sales can result in a dramatic improvement
in market penetration and overall sales productivity. Outbound sales
calls are especially effective as a "follow-up" to direct mail
campaigns, and work particularly well with existing customers. Here's
some "nuts and bolts" advice:
- Hire Tigers -- Outbound tele-sales
requires a more aggressive, better-trained sales person that inbound
order taking.
- "Work the Numbers"
-- Monitor the salespeople; help them weed out the non-productive calls
quicker, and keep them dialing. It will pay off.
"WE MISS YOU!" -- CALL YOUR INACTIVE CUSTOMERS
When a customer stops buying from you and becomes inactive,
it's time to take action. The telephone is the ideal way to contact these
inactive customers. Call your inactive customers, and find out why they
stopped buying. Use a special, highly trained group of representatives
for these calls. Listen to your inactive customers, then react to their
suggestions and problems.
"We've noticed you haven't ordered in a while!"
"We can fix that problem!"
"Let me tell you about our new line."
QUALIFYING PROSPECTS TO CUT SALES COSTS
Prospect qualification is becoming the rule, rather
than the exception. Many business-to-business marketers have established
telephone lead qualification centers, to supply the field sales offices
with highly qualified potential customers. This results in much better
sales productivity.
Easy-to-read single line prospect listings are perfect
for sales planning, telemarketing, or following up on inquiries
Prospect Lists may be ordered in a variety of sequences,
for example: by city, county, zip code, walk sequence, employee size,
sales volume, age, income and lifestyle.
Our standard size labels are laser-printed four-up in
ZIP Code sequence to facilitate bulk mailings. Other sequences are available
upon request. You may order Pressure Sensitive (peel-off) Labels, or
ungummed Cheshire Labels for mailing house use. Our mailing labels do
not include phone numbers. We can print phone numbers if requested.
3X5 index cards are the ideal format for prospect card
files or telemarketing "calling cards".
Diskettes and e-mail files will work with all the standard
word processing, sales management, database marketing, lead generation
and contact management software programs.
Call Dunhill International List Co.
today for an in-depth discussion of your prospecting and lead generation
requirements. You can reach us at 1-800-DUNHILL (386-4455) or fax your
request to (561) 998-7880.
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