Customer loyalty is essential for any business to succeed. To ensure that your customers remain loyal, you need to provide them with an exceptional experience every time they interact with your business. One way to do this is by personalising their experiences through customised products.
It's much cheaper to keep existing customers than to acquire new ones - you'll only have to spend five times as much if you wish to acquire a new customer! So, why not put in some effort and show your existing customers some love? This will boost their lifetime value and maximise return on your marketing investments. It is crucial for you to invest resources in improving customer retention rates, alongside acquiring new customers. Focusing on both is of utmost importance for a successful business.
1. Use Customer Loyalty Cards
A great way to boost customer loyalty is to use a loyalty scheme. This approach works very well for services like restaurants, cafes, hairdressers and handymen. It helps reward customers for their faithfulness and encourages them to come back in the future.
Loyalty card programs are one of the best methods to encourage customers to keep returning. Studies have proven that people are much more likely to purchase from businesses which offer them something in return. Utilizing this logic of reciprocity is a great way to get more repeat custom and increase revenue. If you are a cafe you could offer a free one every now and then, it makes sense to them to remain loyal to claim their prize. Making these double sided business cards with your logo and contact details on the front and the section where they can earn stamps on the back
2. Encourage Repeat Custom With Gift Vouchers
For any shop or B2B service provider, giving out repeat customer vouchers is a great way of growing business. These vouchers work on an 'buy now, redeem later' principle and are especially useful for products/services that are associated with the original buy. This also allows for better personalisation which subsequently results in more customer loyalty.
To show appreciation, marketing agencies can provide their clients with vouchers. For instance, if a customer has bought 3 months of social media content, the voucher could be for a complimentary report or a markdown on a Facebook bundle. This serves as an incentive and the customer can redeem it within 3 months.
3. Personalised Discounts
Offering customers discounts and promotions is a time-tested and highly effective way of driving up sales by bringing in new customers while also incentivizing the existing ones to come back.
Personalised discounts can be an effective way to show your customers how much you value them as individuals. It's a simple gesture that helps make them feel more appreciated. Relationship-building is key in maintaining trust with customers, which leads to long-term customer loyalty. Word of mouth referrals have the potential to expand your customer base and are the result of developing strong relationships.
To attract customers from your local area, consider sending out flyers with special deals and offers. Even offer a freebie or discounted item when they visit a certain branch to help increase customer visits.
4. Provide More Than The Product
People want to receive value for what they pay for. Nobody likes paying more than necessary and getting poor service in return. That's why it's important to get quality service even when shelling out more money.
Offering services or knowledge beyond your product or service such as show your industry authority by showing your knowledge and insights; and By staying engaged with your customers at all stages of the customer lifecycle, you can keep them in the loop and create an environment that promotes loyalty. This kind of relationship helps maintain a strong connection even if they're not yet in a buy stage.
Studies have shown that businesses with a minimum of 10 customer touch points every year reported a three-fold rise in sales. All it takes is some extra emailing, blogging or small gestures now and then to make a difference.
Surprising your customers with something special can really increase their trust & loyalty in you. Receiving something valuable and exciting, without any cost to them, is an effective way to build a strong relationship. Such efforts towards customer retention will pay off in the long run.
5. Say Thank You
A handwritten thank you card printing is a great way to show your appreciation for loyal customers if your business is on the smaller side. It allows you to create strong relationships and foster customer loyalty.
Expressing your gratitude and recognizing the customer's individuality can be more effective in retaining customers than a loyalty program. It shows them that they are valued by your company.
After sending a personalised thank you note, or even a birthday card to your valued customer, follow up with them. Consider asking for a testimonial – now’s a great time to do it, as they’ll be receptive to your brand following the surprise gesture. Even a small business card printers can be used as a little thank you note or have a reminder to post on social media about their purchase.
6. Direct Mail
Personalised direct mail is more alive than ever! Everyone still enjoys seeing something special arrive in the post and it's an effective way to reach potential customers.
What better way to show your customers that you appreciate their loyalty than with a rewards-based mailing? Up to 70% of people enjoy receiving rewards for their loyalty, and a product brochure or catalogue could include personalized vouchers based on their purchase history, as well as complimentary slips. A personalised letterhead printing is a great way to introduce your company to someone or offer extra services to existing customers along with branded envelope printing with a custom sticker to seal it, you are sure to make a sale.
At Perth Printers, we are experienced in creating unique and personalised selfie frames, music festival printing, business card printers and letterhead printing services that will keep your customers engaged and loyal. With our cutting-edge technology and expertise, we can help you create customised products that will make your customers feel special and appreciated. We understand the importance of customer loyalty and strive to provide the best possible service for our clients.
Posted by By Jenny on 2nd Mar 2023