10 Strategies that work to build customer loyalty
How to achieve customer loyalty? That a customer buys, again and again, is the goal of loyalty. Here you will know several strategies to achieve it. As we can read in the previous line, we are talking about achieving sales to an existing customer.
Before explaining the strategies and giving some advice, let’s clarify three points about loyalty:
Customer loyalty is not the same as attracting customers:
Recruitment refers to the process of getting a new client in our business; while loyalty is to get that customer we already have a second, third and infinities of purchases, either the same product or others.
Make the customer buy:
Fidelizar is not that the client visits our business, it is not that he visits our website, it is not that the comments on our social networks. A client is faithful to a business if he makes purchases;
Or if we achieve that:
That client brings us, new clients. The client may not decide to make a new purchase, but if you talk to your friends about our business and they start buying our products or buying our services we have a fairly good loyalty system.
Benefits of customer loyalty:
- I think you have already concluded the benefits: More purchases by our customers means higher sales, which is a moderately well-managed business should mean an increase in profits.
- You identify your best customers, you must consent and take care of them. Do not waste a lot of time with people who visit you, they ask you but they do not make purchases.
- With loyalty, you do not have to spend money on the constant acquisition of new customers.
10 Strategies and tips for customer loyalty:
Read the following 10 strategies that work and make your good customers stay in your business:
1. The human relationship with the client
From this strategy, the following must be rotated and proceeded. A human relationship means that you stop seeing the client as a machine that should give you money.
It sounds contradictory that in the first paragraphs mention the word purchases emphatically and now talk about human relationships. Your goal is sales is true, but …
Who said you cannot sell and smile at the same time?
I mean you can treat with kindness, courtesy and with excellent attention to that person who is in search of a product or a service that you can provide. Connect with the emotions of your customers. A first step to achieve a good relationship with your client is to start a business that you like. Continue reading: Business with a future: The 4 ideas that are changing the world
2. Get contact details of your customers
It is vital that you know contact data such as Email, Whatsapp; with these communication elements you can start up the following strategies. Innovate in your loyalty strategies without becoming annoying. For example, do not bombard your clients’ email or Whatsapp with advertising.
3. Newsletter delivery
Through the email captured in the previous step you can send a Newsletter, that is new information about discounts, tips, and new products.
This strategy must be done in a measured way, without saturating the customer’s mail. Do not just send sales offers, try to send useful and free information. For example, a sports products business, you can send guides on exercise routines.
4. Program of points
This is one of the classic strategies when answering the question of how to build customer loyalty. It consists of awarding points for each purchase made by the client; it accumulates points and then exchanges them for a product.
5. Special discount on the client’s birthday
Offer a 25% discount on the purchases made on that special day. With this detail, you will win if or if your client for life. Other special dates you should have found our Christmas and New Year.
6. Use suggestion box
It is a way of telling the client that your opinion interests us. And it must be this way: we must be attentive to all the comments and concerns of our buyers, from the feedback is that we can create the products that customers really need and will buy. Here you can take a moment and read about the lean startup method.
7. Create a VIP level of clients
Only your best customers raise them to a VIP category and try to let them know. This must be a level with many advantages that give an air of exclusivity.
For example, the right to reservations, be the first to be able to buy a product, manufacture or sell a product only for these customers, an exclusive area on the premises, an exclusive abscess on the website or virtual store.
The idea is that to enter and above all to remain in this select group, your customers must reach each, for example, every three months a value in purchases. Once you have known heaven to be VIP, you will not want to leave.
8. The loyalty of children and young students
Children and students are powerful clients in a few years. Create prices with discounts for them. Today a student cannot pay much for a service or a product, but after he graduated and is a professional he will be a client with a great purchasing power.
With regard to children, consider the strategy used by football teams for ticket sales:
Small fans pay very little for a ticket to a game of their favorite team, sometimes nothing if accompanied by a responsible adult. But the teams know that in a few years these guys will be young with a loyal heart for their team and not think much about spending a few dollars, pesos or euros on a ticket to watch a game. This is a strategy to retain long-term customers that you can adapt to your business.
9. Make a monthly raffle with copies of the purchase tickets
This is a strategy that large supermarkets use and you can apply to your business. Many customers are hoping to be favored by luck, so each month they will faithfully make those purchases that allow them to be taken into account in the raffle.
10. Added values to your business
Today a product can be offered by many businesses, for this reason if you want your client to stay by your side making purchases you must offer something that makes a difference, this would be added value; that can be given by An excellent customer service, a broader guarantee, a gift for each purchase, a more pleasant place, a touch of exclusivity. It’s about seducing the customer steadily like no other business would.
Other observations when customer loyalty:
All areas and staff of your business should be aware of the importance of the client. There is no point in you or the marketing group designing a creative loyalty strategy, but when the customer wants to buy, the sales staff performs poor service or the store lacks products to sell.
How are you loyalizing our competition? What strategies are you using? You must do a bit of sound espionage and detect the strategies of your competitors. Do not copy them, try to improve them.
In the strategies of giving gifts, give details of quality, they may not be expensive but you notice the good taste. Do not lower the prestige of your business by giving away trinkets or expired products or obsolete references.
Lowering prices is a bad loyalty strategy. If you start to lower prices your products will be perceived as poor quality and also reach a point where your business ceases to be profitable. If your customers are faithful thanks to your added value, they will buy higher prices.
Losing clients is a draining cycle, it’s like trying to fill a bottomless glass with water. You spend money on getting a client, you do not take care of it, and therefore you lose it and again you have to invest money in getting a new client and so you spend it until you reach the point of not being able to find more clients. It is always more profitable to retain customers that you already have. That’s right: Focus on the good guys.
“Bestbusinessplans” also invited you to read this article for your business reputation: http://www.wetakecareofbusiness.net/how-to-manage-your-business-reputation/
Any customer loyalty strategy that you want to share?