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Sarah Worsham / May 19, 2009

Novel Idea: Actually Rewarding Your Customers

rewardFreeWineI was shopping last week at Eddie Bauer in the mall.  The customer service was great and I had an enjoyable shopping experience.  At least until I checked out.  Then I was asked if I had a rewards card.  No, thank you.  It’s free.  I’m not interested. Why?  Because I hate carrying around 2309238098 cards from different companies.  I don’t feel that’s a reward.  You assign me a number, make me carry a card, track what I purchase and occasionally give me coupons for your stuff.  I think the reward is surely in your favor.

First off, these types of rewards programs bother me because they’re already tracking what I purchase.  I usually pay by credit card, so that pretty much assigns my identity to what I purchase.  They just want my permission to market to me.  I get it, but I don’t want it.  Instead, how about randomly giving me a coupon at time of purchase?  That would be much more of a reward than this veil of a supposed rewards program.

Don’t get me wrong.  I think you should reward your customers…and your business partners…and your referrals.  I just think they should actually be rewarded.  Give them something they want.  It can be a discount on your services or a referral fee or whatever.  Just don’t pretend you have a rewards program when you actually have a direct marketing program.

Be open.  Be honest.  Reward your customers.

(photo by FreeWine @ Flickr CC)

Technorati tags: direct marketing, referrals, customer rewards, business, rewards programs, marketing

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Sarah Worsham / May 19, 2009

Internet Marketing, Stratgy & Technology Links – May 19, 2009

fleur120

  • Enough Already: MLM Invades Twitter’s Trending Topics (Mashable)
  • Why Ford is Winning on the Social Web (Mashable)
  • The Real Secret to Successful Networking (Quick Sprout)
  • HOW TO: Get the Most Out of Twitter #Hashtags (Mashable)
  • Useful Networks Scores Top Spot at MAMA Awards with Location-Based Advertising (Ad Operations Online)
  • Web Data Quality: A 6 Step Process To Evolve Your Mental Model (Occam’s Razor by Avinash Kaushik)
  • “It doesn’t hurt to ask” (Seth Godin)
  • Redefining FriendFeed (Social Media Explorer)
  • Linked Data is Blooming: Why You Should Care (ReadWriteWeb)
  • Give Me What I Want (Chris Brogan)
  • Stand Firm Craig (and Jim) (TechCrunch)
  • Being a Suggested User Leads to Thousands of Twitter Followers (O’Reilly Radar)
  • How Far Can We Go to Build Buzz? (Daily Blog Tips)
  • UserVoice Raises Funding, White-Labels User Feedback Facilitator (TechCrunch)
  • Will Interactive Ad Storefronts Take Off? (Get Elastic eCommerce Blog)
  • Apple Takes Over NYT Homepage Again (Silicon Alley Insider)
  • Eric Schmidt’s Commencement Address At Carnegie Mellon (Video) (TechCrunch)

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Sarah Worsham / May 12, 2009

Social Networking for Referrals

referralsathenaspixMany companies get the highest conversion rates (and best customers) from referrals.  People tend to trust their friends, family and colleagues over companies – that’s a given.  So, it may be in your company’s interest to use social networking to gain referrals.  Like networking in person, social networking for referals involves quite a bit of relationship development and communication.  People need to get to know you before they’ll be willing to recommend you to anyone else.

Social networking for referrals also means being on the networks where your potential referrals will be.  And if you provide products and services to other businesses – this probably means other businesses.  So, for this social networking purpose, it’s not about where your customers are on the social networks – it’s about where the referrals or other businesses are.  This means it may make sense to dedicate some resources (time & effort) to networking and building relationships on business networks.

So if your business relies heavily on referrals for new sales, you may want to look where your potential referrals are, instead or in addition to where your potential customers are.

(photo by Athena’s pix @ Flickr CC)

Technorati tags: social networking, referrals, leads, business, lead generation, marketing

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About Sazbean


Sarah Worsham (Sazbean) is a Webgrrl = Solution Architect + Product Management (Computer Engineer * Geek * Digital Strategist)^MBA. All views are her own.

Business + Technical Product Management

My sweet spot is at the intersection between technology and business. I love to manage and develop products, market them, and deep dive into technical issues when needed. Leveraging strategic and creative thinking to problem solving is when I thrive. I have developed and marketed products for a variety of industries and companies, including manufacturing, eCommerce, retail, software, publishing, media, law, accounting, medical, construction, & marketing.

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