Want to Attract More Loyal Customers? Focus on This Marketing Strategy

Published December 17, 2014 by TNJ Staff
Marketing
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Imagine your customers as faces in a crowd. As you stand on the stage, trying to engage with them about your product, you see some of them turn to talk to friends, yawn and text — one even leaves to grab a soda. But you can also pick out a few faces that seem to be listening. Actually, they seem to be fully engaged — even your jokes are a hit.

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Customer-centric marketing is about pitching your brand to those in the audience who are actually listening — the ones you can bring real value to. (Let?s face it, the others are only there for the refreshments.) Forming a deep understanding of the customers who want to be there, their preferences and their patterns of behavior is the only way you can develop a truly effective customer-centered strategy to get the highest ROI.

Customer-centric marketing isn?t just beneficial — it?s?essential. The world moves so quickly that the only way to compete is to nurture, protect and foster the bond you have with your top-notch customers. But you don?t have to cut your reach or shun the majority of customers from your brand message to be customer-centric.

Here are five steps you can take to start becoming customer-centric:

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1.?Don?t ditch anyone.?

You don?t have to actively fire your ?bad? customers. When you start focusing on your top customers, the bad seeds will start dropping out on their own accord, and high-quality clients will replace them. Targeting your marketing toward the precise qualities that your best customers embody doesn?t?limit?your delivery — it pinpoints the most effective target for your brand energy and intensifies it.

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2.?Collect 360-degree data.?

Collecting data is the hardest part of this process but to create a strategy that propels you, you?ll need a 360-degree picture of your best customers.

Your data-collecting campaigns should include purchase data, pages viewed and the number of site visits, as well as how these figures have changed. You should also track the customer lifetime value, which measures the predicted profit each individual will earn you. Together, these metrics paint a detailed picture of your customer and identify where you should be investing.?

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TNJ Staff