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Relationship marketing insights make best use of company budgets and resources. They create dialogues so you can adapt quickly to the trends in your industry and the needs of your audience. This DirectBrief is a resource for generating ideas and increasing marketing momentum in business transactions.
Characteristics of Best ClientsAs a follow-up to our Loyalty Marketing Series, Targa Media has published a checklist for evaluating and prioritizing relationship-driven clients. A smart rating system applies to every company database, revealing only the marketing campaigns that matter:Your best clients aren't always the biggest spenders. Clients are most valuable not because they are your cash cows (though a profitable side of beef is always nice) rather because they're with you for the long haul, they help you in tooling your best message, and most importantly, they help corrall new business to increase profits. Your best clients might never have purchased anything from you. That's right. Some of your biggest customer assets might just be prospects. Remember, the value of a client is calculated not only on the revenue they create, but also on revenues from referrals. It's an exponentially powerful formula. Your best clients don't like to be "sold to." You never earn the "right to sell" to a customer. When they sense you're selling to them, they'll feel like a project or statistic (even the most loyal of them). If you want a loyal client, throw the traditional sales tactics out the window and stay genuine. Your best clients aren't always the first to respond to offers. Don't tag your best customers based upon quickest response times. This approach is fundamentally flawed because it mocks the intelligence of a healthy client who makes informed, methodical decisions. Consider yourself as a client—are you the quickest to make a decision or a purchase? Your best clients aren't easy to locate in your Web stats. Test it yourself. Are your best customers showing up at the top of your Web stats? Is Web page "duration" an indicator of piqued interest? Or just as easily an indication of "being lost on the page" or "breaking to nuke a frozen burrito?" Stats have their place in any sound marketing campaign, but they're not the strongest indicator. Your best clients aren't compelled by pricepoints. Your best clients can't be found in a predictible demographic. Your best clients differ from each other in their sales cycles. Your best clients must feel like they're genuinely understood. Your best clients want shortcuts, not "logins." Your best clients want benefits, not features. Your best clients will always champion good referral programs. Your best clients should help engineer your product offerings. Your best clients are innately loyal, and are not "turned into" loyal.
For more information on these and other relationship marketing strategies,
call 801-746-0070 (M-F 8-5 MDT) |
NoteworthyBtoB Webcast: Web 2.0 and Customer LoyaltyTop media pick Two Targa Media Clients Honored as "Emerging Elite" Latest press Targa Media Donates Marketing/ Design to Chamber of Commerce Community interest ![]() Jason Steed, President and CEO of Targa Media to present at Utah Tech Council's P2P Forum—Profiling & Promoting Best Customers. Salt Lake City, UT April 29 (3pm MDT) Recommended Readingby Ben McConnell Practical and Tactical Ideas on How Loyal Customers Become a Volunteer Sales Force. by Andy Sernovitz The Inside Scoop on How Smart Companies Get People Talking, Revised Edition. by Ben McConnell How to Use News Releases, Blogs, Podcasting, Viral Marketing and Online Media to Reach Buyers Directly.
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