Here's a shocking fact:
A recent study conducted by Sales and Marketing Executives International concluded that 81% of major sales are closed after the fifth contact.
That means if you aren't following up with your customers at least five times, you're losing over 80% of your business.
Put another way, four out of every five customers will not buy from you until you've contacted them five times.
There's no doubt that consistent follow-up is the key to increasing sales.
Here's a quick example to illustrate the importance of sending repeat offers to your customers:
Marketing Consultant Michel Fortin did a mailing for one of his clients that generated a response of less than 1%.
Typical, you say. But wait.
A second mailing to the same people increased the response rate to 7%. A third got another 3%. And finally, a fourth mailing to those prospects who hadn't yet responded generated another 5%.
Do the math.
That's a whopping 16% response rate with a four-mailing campaign where only 1% would have been achieved with one mailing.
Are you beginning to get the picture?
The Easy Way to Follow Up
So, 'Great,' you say. 'I need to follow up with my customers. But how?'
Well, I've got great news for you. Technology has now made it possible for you to follow up with your customers with zero cost to you and zero effort on your part.
How is that possible?
With an email autoresponder.
What is that, you ask?
It works something like a fax-on-demand system. If you're not familiar with this, it is a system whereby you call a number from your fax machine, enter a code, and you immediately receive a document in your fax machine. Presto! Instant gratification!
An autoresponder works the same way, but using an email address instead of a fax number. If you send a blank email to an autoresponder address, you immediately receive a prewritten message in your email inbox.
Think for a moment about how you could use this technology to benefit your business. If your mind isn't racing by now and your heart isn't pounding a mile a minute, you might want to either check your pulse or read on.
Suppose a customer named Helen buys a widget from you. When taking her order, you ask for her email address. You enter her name and email address into your autoresponder system and BAM! She is instantly sent a message that says something like:
"Thank you very much for your order today, Helen. If I can serve you further in the future, please don't hesitate to contact me."
Personalization is the key here. Every message you send will automatically be personalized with the customer's name. And who doesn't love to see their own name in print.
Next, you would go on to suggest other products or services you sell that Helen might need, perhaps including a coupon for a future purchase. After all - the best time to ask for another order is when you've already got a satisfied customer. A hot prospect.
This is the twenty-first century version of, "Would you like fries with that?"
This message would be pre-programmed to be sent out automatically once you enter an email address. So the initial work you do to set it up will pay off for years to come.
Don't Just Follow Up Once - Do It Over and Over Again
Until recently, it was only possible to send out one pre-programmed message. But thanks to new technology, you now can set up a whole series of autoresponder messages to go out whenever you want.
Let's say you sell filters for some type of equipment. Suppose these filters need to be changed every four to six weeks. Your autoresponder series might look like this:
Day 0: Thanks for your order. You should receive your filter within
two days.
Day 3: You should have received your filter. Installation
instructions are enclosed.
Day 7: If you have difficulty installing your filter, please call us.
Day 31: Your filter should be changed every four to six weeks.
Yours was installed about four weeks ago. Why don't you
reorder today?
Day 38: It's been five weeks since you installed your filter. Why
not reorder now?
Day 45: It's been six weeks since you installed your filter. Unless it
is replaced immediately, your equipment may be subject to
damage. Please reorder today so we can get it to you
before any serious damage occurs.
When another filter is ordered, you would reset the customer to
Day 0, maybe on a different but similar series of messages.
Are you seeing the potential yet?
Another way to use an autoresponder is to put the email address in every print ad you run. Offer a free report that relates to your product or service. Not a sales pitch. Just solid information that will be helpful to your prospects.
For example, if you are a Real Estate Agent, your ad might read:
"To receive a FREE report called 'Seven Things You Must Do To Get The Best Price When Selling Your Home,' send a blank email to: report@blahblahblah.com."
Don't be surprised if your autoresponder gets deluged with requests for your report. Everybody is seeking information - especially if it's FREE. You would, of course then send prospects timely and compelling messages about why they should list with you.
"Wait a Minute. Isn't This 'Spam' We're Talking About?"
Absolutely not - for two reasons. First, your customers opt-in to receive your messages when they give you their email address. And second, every good autoresponder places an 'unsubscribe' link somewhere in the email. It's usually located at the bottom of the message. If your customer clicks on this link, she will be instantly removed from your list and will not receive any further messages in the series.
And remember. This is all automatic. Your autoresponder works tirelessly day and night whether you are at work or on vacation. Even while you sleep.
If, by this point, you haven't begun to see the tremendous potential for using an autoresponder to increase your business, I give up.
Wondering what to say in your autoresponder? In the next issue, we'll look at how to structure your messages so your prospects will be compelled to respond. Until next time.
Tags: internet marketing tips, niche marketing, website optimization, internet marketing, Jonathan Hook