The oldest question in business is how to drum up more customers. It’s a question that can never be answered easily or conclusively due to the ever-changing nature of consumer behavior. However, the advent of the Internet makes it easier than ever for some companies to tap into new pockets of clients and customers. The holiday season alone accounts for $42 billion in online sales annually, as Comscore reports. How can you tap into an e-audience to improve your company’s bottom line?
Create a Discussion
Everyone enjoys having their opinion known, and the Internet represents the world’s largest forum. Having a detailed comments and reviews section for your web page or outlinking web pages ensures that more people are able to gain trust in a brand. According to Bright Local, only 15% of digital shoppers don’t take reviews into account when thinking about a purchasing decision, since the vast majority of e-customers put their full trust into a review that’s as short as a few words. Retail sales consultants especially need to take heed to customer reviews. A negative review will not necessary sink a product, but a lack of reviews indicate that nobody at all is willing to buy.
Turn Customers Into Sales Members
Few methods of expanding a customer market work as well as letting your existing customers sell the products to their friends and family. Not only do word-of-mouth customers cost significantly less to sign up, but they tend to be some of the most stable and profitable, and have higher elasticity, according to a University of Florida study. Generate e-leads by incorporating a referral system with your customers, providing them with the chance to get savings or rewards simply by passing along the brand to their networks. Specialty sales force members will find this particularly helpful for business-to-business (B2B) products or services.
Hunt and Gather
With a wealth of contact information floating around the Internet such as email addresses, mobile phone numbers, and social media links, there are plenty of dragnets out there working to harvest this valuable metadata. A sales associate with a high customer turnover rate, such as an insurance salesman looking for car insurance leads, can take advantage of leads profiling services that deliver the contact information for active, enthusiastic customers right to their doorsteps. These services reach out to potential customers, screening for location, demographics, or other information, and provide a sales agency with the resources needed to enlist new customers.
The lines between social media and online shopping have become blurred to the point where you can go to one site for both purposes. Generate new customers by incorporating social media information, hotlinking, and shares, but be wary of the pitfalls of this process. Since social media represents an active, dynamic medium of exchange, today’s users expect a rapid response to their inquiries—to the point where Lithium Technology reports that half of all average Twitter users want a unique response to their query within an hour. Create a compelling social media dynamic in order to recruit new customers, but keep the keyboards active and monitored in order to avoid the risks of losing customers before they ever pull out their credit cards.