What is your most important target audience right now? Is this market the source of growth for the future?
How valuable would it be to have customers tell you exactly what you need to grow your business?
You don’t chose the method the customer uses to deliver a message; the customer does.
What example will you set for your team in active listening and responding to customers needs?
How will you recover from a service failure?
What is there about your store to attract people as an alternative to the low price/same experience message of the chains and big boxes?
Identify what you do for your customers and how your customers are better off doing business with you.
Content
The primary elements of ALL good marketing plans
Values
Mission
Past Performance
Target Audience
Products & Services
Edge
Branding
Future Performance
Future Pacing
Development
3 WIGs
Step-by-Step Tooling
Target Marketing
Word-of-Mouth Marketing
Marketing Campaigns
Progressive Planning
BULLSEYE: Targeting and
Retaining Your Best Customers
1 - identify your current target audience
Your growth is always on the shoulders of what you have done in the past — always.
Start with looking at your existing customer base.
Who do you enjoy working with?
Who values what you provide?
Who is willing to pay you for that?
Do they have buying patterns?
Looking at your existing numbers, what do they tell you about your business?
Who are the best revenue-producing customers?
Who are the most profitable customers?
What are your key profit centers and who are the best customers for these profit centers?
Either identify your overall best customers or best customers for key profit centers.
2 - identify your value proposition
Operational excelence
Providing customers with reliable products and services at competitive prices, delivered with minimal inconvenience
Stripping out operational costs wherever possible
Eliminating production steps
Reducing transaction costs
Optimizing business processes
Examples
Product leadership
Product innovation
Early adoption
New, edgy, fresh
Customer intimacy
Segmenting and targeting markets precisely and then tailoring offerings to match exactly the demands of those niches
Investments in customer knowledge, customer service and the ability to customize
Willing to spend now to build customer loyalty later
Examples
3 - identify your dream target audience
Your growth is still on the shoulders of what you have done in the past.
Who do you enjoy working with?
Who values what you provide?
Who is willing to pay you for that?
Who are your best revenue-producing customers?
Who are the most profitable customers?
Do your value proposition and target audience currently match up?
If not, how will you make that happen?
If so, how will you enhance it?
Targeted products and services
From the exploration above, it is now clear what your best products are and why.
How can you better fill the needs of your existing customers who fit your target audience parameters?
How can you attract and keep new customers who fit your target audience parameters?
New Customer Process
Pharmacy
Physician
Retail
Vision
Organization Vision. Where do you see your organization in 3-5 years?
What can you do today that gets you closer?
What must you do today to get you there then?
Problems you solve
Products and services
What you or your organization does best
Target markets served
Value you provide and to whom
Number and location of offices
Processes you oversee
Technologies you have in place
Types of employees/contractors
How big can your organization/career get?
Key milestones needed?
Do you have controbution goals?
What else about your vision?
Mission
We express our values with the following activities...
The contribution we want to make in the world through our work is...
What makes us passionate about what we do...
Who Are You
Values
consider a Value segment if you're not clear
WORD-OF-MOUTH MARKETING : Turning
Your Customers into Raving Fans
It's easier to keep a customer than to to find a new one.
It's cheaper to keep a customer than to to find a new one.
The most effective way to keep a customer is to MAKE THEM FEEL HEARD!
Customer communications can be delivered using the following methods:
Comments
Compliments
Appreciation or thank you notes
Questions
Ideas or suggestions
Requests or wishes
Complaints
Upsets and mistakes
Customer complaints
1. Say 'thank you'
2. Explain why you appreciate the complaint
3. Apologize for the mistake
4. Promise to do something about the problem immediately
5. Ask for necessary information, like product or employee names
6. Correct the mistake promptly
7. Check customer satisfaction
8. Prevent future mistakes by creating or updating system
Service Recovery Process
1. Apologize:
It doesn’t matter who is at fault. Customers want someone to acknowledge that a problem or difficulty exists or occurred and to show concern over their dissatisfaction.
2. Listen and Empathize:
This is essential. Treating a customer in a way that shows you care about them as well as their problem will go a long way to fixing the problem and diffusing any anger.
3. Acknowledge the Customer's Feelings:
Customers have feelings and emotions. It’s important to acknowledge these as well as the facts of the situation. Listen to what they say and then repeat it back to them in your own words so they know you were listening.
4. Fix the Problem Quickly and Fairly:
Involve the customer in the solution. Find out how they would like the situation resolved and if at all possible, accept their solution. If not, explain what you can do instead.
5. Express Thanks:
Thank the customer for bringing the problem or issue to your attention. Remember that the customer who voices their dissatisfaction is in the minority. Most dissatisfied customers simply walk away. This customer is giving you the opportunity to correct the problem.
6. Follow Up:
You can add extra care by following up after the customer leaves with a call or note to make sure things were resolved to their satisfaction. Don’t assume you’ve fixed the problem. Check in with them to be certain.
Involving your team
How will we track customer input?
Journal at registers?
Journal at exit?
Note box for staff?
Verbal statement to MOD?
Active listening
Capturing customer communication
Discussing the messages received
Discussing how to make improvements
Discuss common mistakes that happen in your store or areas of your store that generate complaints. Discuss ways of minimizing them, and also how to deal with them so you and your team can handle the improvement; the customers perception of value.
Analysis Tool
Comment 1
Subtopic 1
Subtopic 2
Subtopic 3
Comment 2
Branding
Distinctive
Relevant
Consistent
Authentic
Positioning
Create a story
Be specific
Give clear solutions and valuable benefits
Make an easy yes
Problem Statement
Gain emotional access
State solutions
Explain edge-USP
Unlike others...
How to Develop
Marketing Campaigns
If you don’t differentiate what you provide, people will choose the lowest perceived price, point blank.
“Business has only two functions - marketing and innovation." - Milan Kundera
Benefits
Have a clear focus on who your target customer is and how to reach them.
Have a consistent message that your staff can be comfortable sharing.
Builds your reputation as a stable community provider.
A chance to have fun and think creatively.
Develop strong relationships and communication with clients, prospects and vendors.
More streamlined decision making ability.
Micro-Branding
What you do for customers
What your customers value most
What your focus is and why customers are better off doing business with you
The emotion you want your customers to feel when engaging with you
Reenforcing
Letters
Advertising
Emails
Facebook pages
All printed items
Your Marketing Template
Plan. Identify what you are promoting.
List benefits.
Craft a message.
Determine distribution.
PR
JV
Event
Contribution
In House
Staff Training
Scripting
Bagstuffers
Posters
Direct
Email Blast
Facebook/Twitter Posting
Voicemail Blast
Newsletter
Mailing
Advertising
Newspaper Ad (local/regional)
Radio Ad
TV Ad
Billboard
Determine time-line and initiate tracking tools/team.
Marketing Message and Formats
Marketing Copy Checklist
Press Release-Why, How & Sample
Development
Assignments and experience needed
Strengths that we can build on
Knowledge and skills we need to move forward
Behaviors that might be holding us back
Attitudes that might be holding us back
And how will we acquire/build/shift or eliminate them?
Assessment tools to identify likely high performers
Teachable moments – providing real-time feedback
Setting a tone for and modeling high performance
Rewards and recognition
Recruiting that targets potential leaders
Management by walking around
Recruiting leaders from outside who can shake things up
More flexible options to retain top talent
Mentoring
Internal leadership development academy
Identifying flight risks and engaging them before they leave
Fostering collaboration up, down, and across the organization
Formal succession planning for key roles
Dialog with employees about the company’s direction, vision, and strategy
Development planning
Designing roles to include autonomy and opportunities to grow
Compensation and reward systems
Coaching
Clear career paths
Training programs
Challenging high-potentials through new assignments and projects
Frequent informal performance reviews
Progressive Planning
Utilize the Rule of 3
Plan your marketing for year
Monthly , Bi-monthly, Quarterly Cycles
Develop templates for each form of distribution
Ideas for planning
National health calendars: Pain Awareness Month
Sports/Social calendars: Professional Football season