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It's Only Common Sense: Why Market to Our Own Customers?
One of the things that always seems to come up when we are working with a company, especially when we get ready to send out their newsletter, is a comment such as, “We want new customers. Why are we sending the newsletter out to our current customers? We already have their business.”
This is a serious misconception. In many ways, marketing to your current customers is the most important form of marketing you can do. To emphasize this point, here are seven reasons why you need to market to your own customers:
- Keep them informed about your company. This is your opportunity to let them know what you are up to, talk about any new innovations you’ve developed, or new equipment you’ve purchased. You can also share news of new hires, new technologies, new, quality specifications, registrations, and qualifications you have earned.
- Remind them you’re alive and kicking. There are customers you talk to every day while others only hear from you once in a while. It is good to remind them that you are still around and open for business.
- Automatically stay in touch with them. I know, you’ll say that you talk to your customers all the time. But often you talk to them and they don’t hear what you are saying. Years ago, I was the director of sales and marketing for a high-tech board shop. We were fabricating cutting-edge technology PCBs out of Kevlar, Copper Molybdenum, Thermount, and Copper-Invar-Copper. The problem was that our largest customer—a very large defense, and aerospace company—did not know it. When they had started buying from us years before, they had qualified us for simple epoxy single, double-sided and six-layer PCBs. It was only after an extensive site visit that they finally realized our true capabilities and started giving us the right type of technology business. Meanwhile we had lost millions of dollars in potential business over the years because—and here is the important part—they had never heard our poor sales guy saying this for years.
- Make them feel good about buying from you. It’s a proven fact that one of the most important aspects of advertising messaging is to make current customers feel good about using your product or service. Speaking from personal experience, I not only love those great Jeep commercials, but they make me feel that I am part of the Jeep family. And they make me drool when the new models come out. I have promised my wife that I would keep my brand-new looking four door 2012 Wrangler, but I almost caved when I saw the new truck version.
- Speaking of making you feel like part of the family, this is a great reason to market to your own customers—make them feel like they are part of your “tribe,” as Seth Godin calls it. You want them to constantly be reminded what a great thing it is to be part of your tribe. That is probably the most important reason to send newsletters to your own customers. You have a continuous opportunity to solidify your relationships with your customers. This is especially true when you are dealing with a very specific technology or service because it’s something your customers actually want to be kept abreast of.
- Establish your position as experts in your technology, and create the feeling among your customers that you are their expert partner when it comes to the products that you’re selling to them.
- Continually have your customers’ attention. By having a regular newsletter that your customers can count on, you can be assured you have their attention. When you market to your customers, they are reading, listening, and most importantly, hearing you. During the recession of 2008, I was working with several companies that survived because of their newsletters. In a way, these actually became “sales flashes” which we would send out to increase our sales. These were filled with very focused merchandising offers to get them to place orders sooner than they would have normally. We actually saved these companies by doing this. And one more in the spirit of under promising and over delivering:
- A newsletter mixed in amongst other marketing is an excellent way to stay in front of your customers, to let them know you are alive and well during a crisis (or shall we say a pandemic). Newsletters and other forms of marketing, such as webinars, columns, white papers and interviews, have been vital for businesses who want to stay in front of customers when personally visits are not possible. If that is not the most important reason to market to your current customers, then I don’t know what is. It’s only common sense.
Dan Beaulieu is president of D.B. Management Group.
More Columns from It's Only Common Sense
It’s Only Common Sense: Would You Join Your Own Company?It’s Only Common Sense: Nice Guys Really Can Finish First
It’s Only Common Sense: OCCAM—the Time Is Now
It’s Only Common Sense: Here’s What To Do After IPC APEX EXPO 2024
It’s Only Common Sense: 16 Proven Strategies for Making the Most of Your Trade Show Dollars
It’s Only Common Sense: When Your Company Starts Running Out of Popcorn
It’s Only Common Sense: Meet the New Young Guns in Sales
It’s Only Common Sense: Get to Know Your Customers