Do Your Potential Customers Forget About You?
Guest posted by Tom Kulzer (AWeber CEO)
Your web business probably gets product inquiries from potential customers around the globe. Inquiries come via e-mail and your web site, and you try to send information to each hot prospect as quickly as you can. You know that you can drastically increase the likelihood of making a sale by satisfying each person’s need for information quickly!
But, after you’ve delivered that first bit of information to your prospect, do you send him any further information?
If you are like most Internet marketers, you don’t.
When you don’t follow that initial message with additional information later on, you let a valuable prospect slip from your grasp! This is a potential customer who may have been very interested in your products, but who lost your contact information, or was too busy to make a purchase when your first message reached him.
Often, a prospect will purposely put off making a purchase, to see if you find him important enough to follow up with later. When he doesn’t receive a follow up message from you, he will take his business elsewhere.
Are you losing profits due to inconsistent and ineffective follow up?
Following up with leads is more than just a process – it’s an art. In order to be effective, you need to design a follow up system, and stick to it, EVERY DAY! If you don’t follow up with your prospects consistently, INDIVIDUALLY, and in a timely fashion, then you might as well forget the whole follow up process.
Consistent follow up gets results!
When I first started marketing and following up with prospects, I used a follow up method that I now call the “List Technique.” I had a large database containing the names and e-mail addresses of people who had specifically requested information about my products and services. These prospects had already received my first letter by the time they requested more information, so I used the company’s latest news as a follow up piece.
I would write follow up newsletters every now and then, and send them, in one mass mailing, to everyone who had previously requested information from me. While this probably did help me win a few additional orders, it wasn’t a very good follow up method. Why isn’t the “List Technique” very effective?
- The List Technique isn’t consistent. Proponents of the List Technique tend to only send out follow up messages when their companies have “big news”.
- List Technique messages don’t give the potential customer any additional information about the product or service in question. He can’t make a more informed buying decision after receiving a newsletter! If someone is wondering whether your company sells the best knick-knacks, what does he care that you’ve just moved your headquarters?
- List Technique messages convey a “big list” mentality to your potential customers. When I used to write follow up messages using the List Technique, I was writing news bulletins to everyone I knew! I should have been sending a personal message to each individual who wanted to know more about my products.
What follow up method really works?
Following up with each lead individually, multiple times, but at set intervals, and with pre-written messages, will dramatically increase sales! Others who use this same technique confirm that they have all at least doubled the sales of various products! In order to set this system up, though, you need to do some planning.
First, you’ll need to develop your follow up messages. If you’ve been marketing on the Internet for any length of time, then you should already have a first informative letter. Your second letter marks the beginning of the follow up process, and should go into more detail than the first letter. Fill this letter with details that you didn’t have the space to add to the first letter. Stress the BENEFITS of your products or services!
Your next 2-3 follow up messages should be rather short. Include lists of the benefits and potential uses of your products and services. Write each letter so that your prospects can skim the contents, and still see the full force of your message.
The next couple of follow up messages should create a sense of urgency in your prospect’s mind. Make a special offer, giving him a reason to order NOW instead of waiting any longer. After reading these follow up messages, your prospect should want to order immediately!
Phrase each of your final 1 or 2 follow up messages in the form of a question. Ask your prospect why he hasn’t yet placed an order? Try to get him to actually respond. Ask if the price is to high, the product isn’t the right color or doesn’t have the right features, or if he is looking for something else entirely. (By this time, it’s unlikely that this person will order from you. However, his feedback can help you modify your follow up letters or products, so that other prospects will order from you.)
The timing of your follow up letters is just as important as their content. You don’t want one prospect to receive a follow up the day after he gets your initial informative letter, while another prospect waits weeks for a follow up!
Always send an initial, informative letter as soon as it is requested, and send the first follow up 24 hours afterwards. You want your hot prospects to have information quickly, so that they can make informed buying decisions!
Send the next 2-3 follow up messages between 1 and 3 days apart. Your prospect is still hot, and is probably still shopping around! Tell him about the benefits of your products and services, as opposed to your competitors’. You will make the sale!
Send the final follow up messages later on. You certainly don’t want to annoy your prospect! Make sure that these last letters are at least 4 days apart.
Following up effectively seems complicated, but it doesn’t have to be! So many potential customers are lost because of poor follow up – don’t you want to be one of the few to get it right?
Coming soon: the Innove3 website
This is our first post. We are working on getting this site up and running.
1 column, 2 column or 3 column?
I came across an interesting question on Linked-In about web page layout design that gave me the opportunity to write down some thoughts on design strategy and the importance of testing.
Linked-In user, Harekrishna Patel, asked which web design layout give the best conversion rates– 1 column, 2 column or 3 column? Of course, as most usability and design professionals should know, best results are usually discovered through testing. There really isn’t a set “science” in this regards, though as with anything else, there are plenty of best-practices to use as starting points. Click here to read the full discussion and other user’s responses.
The best advice would be to create a few concepts and then use eye-tracking testing or other usability testing methodology to have a better idea of what works.
Having said that, here are some general thoughts that might help guide you:
The usual approach to page layout is to consider your customer-response priorities. So, if you have multiple “actions” you are going to offer, those should be laid out according to priority (the most important element should stand out, be above the fold, and preferably towards the left where the eye first tends to scan).
If you are going to have a lot of copy, this can be laid out on one column, with a second column providing Call To Action banner or button that summarizes what you are asking the customer to do (Sign up, subscribe, contact us, download, etc.).
Home pages tend to work well with 3 column because most of the times you are providing a menu-list of various topics, services, or product offerings — the customer would choose where to drill down.
Once you start looking at inside pages, a 2 column approach will probably provide you with the most useful real estate for your content, which you’ll want to test as far as what works best.
Overall, web design best-practices really isn’t as simple as “1 column, 2 column or 3 column” — You’ll want to take usability, navigation, layout, color, your customer’s demographic, and other unique factors related to your industry or/and products to develop an effective web site.
Building your email list: day one
I-Media Connection has a valuable article on what an organization can do to build an email list from scratch. You don’t have to be a web-marketing guru to execute on these ideas. If you have a website, you should be doing this already.
You can pretty much summarize it into 3 basic steps:
- It’s best to focus on organic growth
- Don’t require so much info that it keeps people from filling out the form
- If you must, choose a reputable list-rental service
This is rather simple and very basic, but so many organizations don’t take the time to execute on these baby steps.
The good news is that there are several ways to grow your lists organically that will enable you to amass a loyal following of happy customers. The first thing you want to do is put a sign-up link on every page of your website — and don’t hide it with small text or bury it at the bottom of your page. Put it in a prominent position that won’t get ignored. As you drive people to your website through various marketing and advertising programs, there should be an obvious path that leads respondents to a simple form for opting into your list. Making it easy to sign up is key, and that involves careful consideration about the number of steps that you require and the amount of information you request.
E-mail the Direct-Marketing Rock Star in Recession
Looks like the current recession is helping push email into full maturity as a full fledged, reliable and valuable direct marketing channel. Email has been proven to help increase brand loyalty and retention, and increase the value of a customer over the long term. That, of course, is on top of its cost effectiveness and its traceability (when executed correctly). AdAge reports on this story.
“The economy has energized this channel,” said Ryan Deutsch, VP-strategic services and market development at StrongMail. “It’s become the rock star of direct marketing in a lot of these retail organizations because it’s the most cost-effective and most trackable.”
Thanks to its cost-effectiveness and retailers’ recession-era emphasis on retention — Shop.org says that the number of companies focused on retention has nearly doubled in the past year — experts say few cuts are being made to e-mail budgets, while areas including paid search, affiliate marketing and social marketing are coming under scrutiny.
And I thought being an email marketer made me “sexier”…but I guess not.
“It’s not sexy, but it delivers results, and it’s focusing on existing customers,” said Scott Silverman, executive director of Shop.org. “E-mail technology continues to advance and allows retailers to be smarter. It’s not about sending more e-mail; it’s about more-targeted and more-relevant e-mail.”
I’m glad to see someone is saying, “It’s not about sending more e-mail…”. I hope more marketers get that message, “…it’s about more-targeted and more-relevant e-mail.”
It’s all about the results.
Confusion about the core strength of email
Morgan Steward wrote some great thoughts in today’s Email Insider e-newsletter. The basic thought is that our peers don’t understand the value of what we do. He gives several reasons why, but one in particular resonated with my own personal experience.
Email lives at the center of a conflict between things that are urgent and things that are important. In a recent interview, I asked an email manager at a Fortune 500 retailer, “How often are you asked to execute something in email that you believe is detrimental to the long-term success of the program?” The answer: “Probably three or four times a week!” As ambassadors for the channel, we need to help our peers understand that email’s strength lies in its ability to deliver highly targeted messages to subscribers and to increase lifetime value — creating the link, creating trust, between buyer and seller. Though email can be delivered quickly and have an immediate impact, that does not mean speed of execution is email’s core strength.
In fact, speed and urgency run counter to email’s core strength. Building lifetime value takes time, planning, and thoughtful consideration. There is nothing urgent or last minute about it. “Lifetime” implies patience and meaningfulness. We need to constantly remind our peers that email only thrives when important messages are prioritized over urgent messages.
Email will only truly shine when marketers start looking at long-term strategic value of customers and how email plays a key role in building engagement. Traditional marketing professionals need to stop looking at email as the “quick & easy” way to communication with consumers.
Awesome start to 24
Just finished watching the first 2 hours of this season’s premier of “24″. Great show! I ejoyed it, and as usuall, was left waiting to see the next epsiode. My wife and I will be watching tomorrow night for sure.
Web and Social Media Consulting Services now available
Check out my new Consulting Services page on the nav above to read more about how I can help your business or organization. From evaluating off-the-shelf software solutions, to helping you implement a custom-made web site, I can provide goal-oriented support and solutions that fit every budget.
Video: Twitter in Plain English
I found a great video today by Lee Lefer over at YouTube. Its sort of a “Twitter for Dummies”–great primer if you’re still not quite sure what is the point of Twitter.
