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How Customer Acquisition Becomes Easier When You “Buy in to A Long Tail”

Contributing Solution Provider

How Customer Acquisition Becomes Easier When You “Buy in to A Long Tail”

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Here’s why.

 

The task of locating and recruiting new customers is an essential activity for every business.

 

So, it stands to reason that you spend a great deal of your time attempting to attract the attention of viable prospects and make an initial sale.

 

Sometimes, however, there’s a tendency to concentrate so heavily on seeking new customers that we often overlook the ones we already have.

 

That’s why it’s so vitally important to make sure you divide your direct marketing dollars appropriately between the two activities.

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Go for the long tail.

 

Go for the “long tail in direct marketing” with as much energy as you go for the initial sale. That is, go for developing strategies to build repeat business over the long haul with the same energy.

 

For example, by providing a greater variety of inventory (extending the long tail), businesses hope to reach more customers and generate more total sales. If you sell printers you have an inventory of paper, toner, color cartridges, service contracts, and so on.

 

You may not think your company does not have a tail, but take a closer look. Could you build in and offer a service or maintenance contract? Could you devise annual reviews or client updates? Could you create innovations in your products or services that encourage customers to repurchase more frequently? Longer life of cartridges? Toner?

 

Summary.

 

Many businesses have tails they don’t even know they have. By looking closer at your existing customers, are there different ways they may consume use your product?

 

If you have weak or non-existent customer profiles in your company data, now is always a good time to start building them. Just make sure, you keep “going for the tail” as the end goal that brings in another revenue stream from existing customers.

 

No, you will not find a whale in a stream. But you may find a whale of a tale from a local fisherman!

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Thanks for reading. Please tell me what you think.

 

Marketingeval_logo4Web.gifDon’t procrastinate, eValuate.

 

At times, some of the smallest changes in your #smallbiz marketing, have the greatest impact.

 

Need more information on direct and customer-centric marketing? Sign up today for our monthly email, All Marketing Is Direct.

 

Our data policy: Any data shared with us, stays with us. Period.

 

Mike Deuerling

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Marketing Communications Group, Inc.

 

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© 2016 by the Marketing Communications Group, Inc. All rights reserved worldwide. No part of this publication may be stored in a retrieval system, transmitted, or reproduced in any way, including but not limited to digital copying and printing without the prior agreement and written permission of the publisher. Photographs are purchased from such companies as I-Stock, Windows Clip Art, HubSpot, PhotoPin, DepositPhotos, Solid Stock, Unsplash or John Deuerling.

Constant Contact Solution Provider
Marketing Communications Specialist
www.marketingcommunicationsgroup.net
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