The phones aren't ringing. Your Web site receives just a handful of daily hits. Your sales numbers are in a slump. Employee morale (including your own) is in a downward spiral. Stop pouting and do something about it. It doesn't take a miracle to turn around your sales figures, just a little creative thinking. To boost your numbers, you need to:
The best contacts and resources to help you get it done
Develop a customer loyalty program
Keep customers coming back and entice them to purchase more with a loyalty program. Popular programs include frequent buyer clubs and loyalty cards. Reward your customers with discounts, cash back, store credit or a free gift with purchase.
I recommend: Purchase low-cost punch cards from
Business Card Source or
Grip Marketing or order custom loyalty cards from
Arthur Blank & Company,
Duracard or
GE Consumer Finance.
Up-sell and cross-sell
Think of a customer who's ready to buy as a customer who's ready to buy more. Up-sell to a higher-end product or service and cross-sell with products and services that complement the one being purchased.
I recommend: Not sure how to up-sell or cross-sell? Ecommerce businesses can discover techniques at
Elastic Path. CRM software, such as
MySAP, can help you analyze customer buying patterns to determine cross-sell and up-sell opportunities.
Create a referral rewards program
Turn your satisfied customers into your best salespeople by launching a referral reward program. For every one, two, or ten referrals you receive from a customer, reward them with discounts on products and services, free gifts or free shipping on purchases.
I recommend: Ask for referrals on all your customer communication materials. Slip a pre-addressed, postage paid
postcard asking for referrals into shopping bags or set up a referral form on your ecommerce site.
Lure customers with coupons
Coupons can entice new customers to give your products or services a try. They can also encourage existing customers to buy more than they normally would or to make a purchase today rather than next week or next month.
I recommend: Place coupons in coupon mailers like
Valpak, or take a digital approach with
online coupons (at
Coolsavings.com) or
text message coupons.
Motivate your sales team
Pump up your sales team and your sales will get a shot in the arm. Financial rewards and commissions aren't the only way to energize salespeople. Setting goals, providing training and offering opportunities for growth within your organization can help light a fire under your team.
I recommend: Find a list of sales training courses from
Dale Carnegie Training.