Marketing
Blind Spot;
Most successful businesses already understand
the power of “Word of Mouth
Recommendations” and counts on them to perpetuate sales.
A lot of attention is rightly given to the product
or service provided in order to get existing clients to return and
recommend their friends.
The amount of recommendations that a business
gets, however, doesn’t just depend on how good a product or
service is being provided – it also depends on how effectively,
later on, a happy client is able
to recommend.
In other words, the ratio of recommendations
to clients that a business receives at present, it gets by what
it’s currently doing.
Essentially a business is already doing the best
it can. So the question is how can it increase the
“success ratio” and get even more recommendations
from the same happy clients, then it is already getting?
There are two things a business can do:
- Somehow improve the product or service even
more, which may be expensive and difficult.
- Have better recommendation strategies.
The “PromoCard
Concept” is one such strategy.
At present businesses rely on the expertise and
enthusiasm of happy, loyal clients to successfully recommend.
The Blind Spot that businesses often miss is
that they can actually influence the “success
ratio” of recommendations by simply increasing the
ability and effectiveness
of a happy client, to recommend.
This can most easily be done by getting a PromoCard
into the wallet or purse of happy clients. This is done in various
ways depending on the business, please look at “Marketing
Strategies”.
For example; if after having provided the best
possible product or service, a happy customer accepts an offer to
take away a PromoCard, positive
things start to happen!
A PromoCard
will certainly be useful, if taken away as an attractive "Memento"
and it will certainly "stand out in a crowd"
of normal business cards.
More importantly though, is that the PromoCard
is then readily available to be produced alongside any recommendation.
It then comes into its own by greatly increasing the chance of converting
recommendations.
What else could a business offer a client that
they may put in their wallet or purse and that would have the same
beneficial effect?
Ask yourself this question:
“When an existing customer recommends
my product or service to a friend, how useful would it be, if they
had a unique PromoCard of
my business to hand, would it be valuable to help
“back up” that recommendation?
That is why a PromoCard
is often referred to by people who use them as
“2nd Most
Powerful Referral Marketing Tool”
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