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Let’s give them something to talk about

Why is all of your marketing about "item and price?"


During a recent workout at the gym, the song by Bonnie Raite, “Let’s give them something to talk about” began to play. That is when I had the “ah-ha” moment from a couple of recent transactions with businesses.

Whether I am making a purchase as a business owner or an individual, I allow them to easily get my email address so they can begin to market to me and my business. I do so because I continually want to study what businesses do to interact with their existing, and now a new, customer.

For many, asking, “Can I have your email address?”, is no more professional than the person who simply says, “Can I help you?”
The person interacting with the customer, whether by phone or in person needs to give the customer a reason why that customer would want to hear from your business. Even with a customer ordering online, having a box that defaults to a check mark, stating, “Yes, I would to know about special deals, prices, and new products” and other similar statements are weak.

Regardless of these poor reasons for me to give a business my contact information, I do because I want to learn more about marketing from the many businesses reading this column.

Generally, the emails begin to show up rather quickly. Most often, the next day. Many of the businesses send emails more frequently than a person or business would likely be making a purchase from the business sending the emails.

The big disappointment is the overwhelming of emails are a barrage of announcements of “item and price” advertising. The emails include a photo of the item and a limited time offer of a discounted price.
This is where the business is experiencing a self-inflicted wound and creating the problem they so dislike. The customer is being told to watch for these emails to decide what and when they are going to make a purchase. Research has shown the bigger the discount a business gives the less likely the customer will return or contact the business for future purchases.

The reason? The type of person who decides where they are going to do business based on price is demonstrating they are a “price shopper” and their loyalty is to a better price instead of the better business.
What if the business were to do something different with that valuable contact information? Let’s suggest the business turns their efforts to content marketing.

Content marketing occurs when the business decides their first effort in “talking” with their customer is to tell the customer about the new products they have. Content marketing can give ideas of how to use the products the business sells. Content marketing can also share news of general interest to their customers. As an example, an art exhibit using a medium the business sells in a new methodology would give the customer, be it a business or individual, some fresh creative ideas.

The Bonnie Raite song? The title is repeated multiple times through the song and is a simple, “let’s give them something to talk about”.
That should be the purpose of your customer sharing their email address and their expectation of hearing from your business. That email is giving the customer something to think about; something to talk about; and something to act on. Is it going to be an effort to develop a “price shopper”? Or will it be an invitation to do business with your business that is unique?

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This article is copyrighted by Tom Shay and Profits Plus Solutions, who can be reached at: PO Box 128, Dardanelle, AR. 72834. Phone 727-823-7205. It may be printed for an individual to read, but not duplicated or distributed without expressed written consent of the copyright owner.

MAY 2024
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Small Business

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As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.

 

Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?

 

Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.

Small Business

News

 

Top Story

We see that many small business owners have too much of a focus on the "top line" of their income statement.

 

Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.


Article of the Month

Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.

 

And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.

 

The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."


Book of the Month

Lean Startup by Eric Reis is our suggested book for May.

 

As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.