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Customer Retention

Customer retention is an important part of your business success. It costs much more to get a new customer than to keep a customer. Sure, have a plan on which customers are more favorable for you to keep, and make plans to keep them happy!

We offer creative ways to retain customers for you. Many times we employ membership cards, points programs, percent discounts, annual reminders with incentives, selective sales events, newsletters, and other programs. Many of the programs listed here are somewhat tactical in that it involves a direct compensation of sorts. For example, collecting points directly incentivizes a person to consider buying again from the same source.

To be clear though, we aren't trying to help you weed out bad customers. What we help you do is retain the customers that are the best fit for your business. We strive to wrap your company and your brands with the perception that exhibits what your ideal customer wants.

Rather than tactical programs, we go further into providing emotionally-charged programs that help you satisfy customers emotional needs. What does that mean? Consider basic human behavior; people like to be a part of a group that allows them to add to their identity. For example, commercials for a credit card company that promote people to be a card carrying member with slogans like "what's in your wallet." People like to define their character by being associated with things that enhance others perception of who they are. Some people want to be associated with high class, or high tech (blogging), sports, or natural outdoors.

The point is that a well-defined marketing plan includes the ideal customer and ways to reach and be useful to that customer. The marketing needs to contribute to that customer desiring to remain a customer and stay attached to your company and branding.

 


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