Monday, February 20, 2012

What Do Your Customers Look Like?

Many of our clients maintain a list of their customers. They use this list to communicate regularly with their customers via direct mail and email. They send their customers newsletters, notifications about sales and special offers, new product and service announcements, etc. Smart marketers know that the cost of acquiring a new customer is very high and that it is wise to spend marketing and advertising dollars to retain your current customers and to encourage them to continue doing business with your company.

However, every business continually needs to add new customers. As happy and satisfied as the current customers may be, there is always some attrition and loss of customers for a variety of reasons. Thus, it is also wise to allocate some part of the marketing and ad budget to acquiring new customers. If you are using direct mail or email for your new customer acquisition efforts, the decision about who to target is crucial to success. Ideally, you would like to try to reach those who have the same characteristics or look like your existing customers. But, what do your customers look like? And, how can you find out? The answer is Customer Profile Analysis.

Take a look at some Customer Profile Analysis Success Stories.

Or read a Case Study.

Link

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5 comments:

Hal said...

Hi Ken,
Nice blog and the DLT website looks real cool..

It's been a loooonnnggg time.

This is a voice from the past If you want to check out what I have been doing check out my blog at www.halskitchen.blogspot.com
Please give my hello's to the ones still there that know me.

Later
Hal --keep smiling

Jennie Lanics said...

Email marketing is one of the best ways of marketing the services and products on the Internet. There are very requested mailing lists of new homeowners.

mailing lists for marketing

real estate course said...

Nice idea. Thanks for the updates and details.

Sky Miltonia said...

Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me

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