Do you know the primary
reason companies lose customers? They stop communicating with them. It is that
simple. When companies stop communicating, their customers lose interest. They
move on to the competition and brands that pay attention to them. This is why
it is not enough to just have a customer acquisition strategy. You must have a
customer retention strategy, too.
In this effort, one of your
most powerful tools is personalized print. Think personalized newsletters.
Personalized postcards. Personalized holiday giveaways and gifts. These are
your customers. They should not be treated the same way as people you have
never done business with. You need to reinforce the existing relationship and
speak to customers on a personal basis.
When one chain of hair
salons wanted to reduce guest churn, for example, it set up a customer
retention program that included personalized direct mail. It personalized its
mailers based on customer name, images, offer, salon location, and reward
program status. Franchise owners started sending postcards every six weeks to
stay current and top of mind with their hair salon clientele.
The results?
• The chain has a high customer retention
rate.
• Its rewards program customers have a
one-third higher top “spend” than other customers.
• Franchisees have a much stronger upsell
rate for their female customers.
Print personalization is all
about strengthening relationships. It helps you stay relevant. It helps you
stay top of mind. How often do you need to send out personalized campaigns? At
a minimum, more often than your competition does!
Need ideas? Let us look at
your list and talk about ways you can be engaging your customers on a
consistent basis.