weblistingscorner.com weblistingscorner.com
Search:    Site Home >> About Us >> Privacy of Info >> Terms & Conditions >> Add Your Link >> Add Article   
Add Url
 

Academics & Education

Shopping & Auction

Medicine & Treatment

Health & Therapy

Science & Research

Realty & Property

Business & Companies

Online & Board Games

Fashion & Lifestyle

Self Healing

Sports

Food & Recipe

Music & Entertainment

Creative Arts

Society & Communities

Home Family & Garden

Government & Politics

Issues & News

Vehicles & Automotive

Internet & Computers

Tour & Travel

Children

Jobs & Employment

Finance & Banking


 

Site Home –› Business & Companies –› Small & Medium Enterprise
 

It's Bad Business

 

Author: Jim Deyo

I have a habit of trying to engage retailers in brief discussions about their business when I'm in their stores - to learn whatever I can. I admit it - I am looking for something that is "wrong," or which might be done better. Sometimes it's just "how's business been lately," hoping to glean some insight(s) into challenges they are having. Other times, when I witness something specific, I ask about it.

Three different retailers in the last month have made my quest easy; they asked me for personal information (address, phone number, etc.) during the checkout process - but never asked me for my e-mail address. On each occasion I asked why. One said that it was a franchise "policy" to only send out e-mails from headquarters, another said "well, we usually ask for that too" and dutifully wrote it down, and the third admitted that they didn't keep track of e-mail addresses - even though the store spends several thousand dollars a year mailing out fliers and discount offers to customers.

As Paul Newman said in the movie "Butch Cassidy and the Sundance Kid," when talking about E.H. Harriman's reaction to hiring a chase team to catch those famous train robbers - "thats bad business. If hed pay me what hes paying them to get me to quit robbing him, Id quit robbing him!" How can any retailer not collect and use e-mail addresses? That's bad business, too.

It's just common sense - you can never know all of reasons for having this information and how you might use it in the future. There are the obvious uses, such as sending advertising and promotion material, discount coupons, sale notices, and changes in store activities. There are also the not so obvious uses, like keeping in touch with selected customers "personally," getting feedback from customers by asking them to complete a 5 10 question online survey (maybe you give them $5, or 5% off their next purchase as an incentive), or encouraging them to visit your website, where you can give them even more information.

You can also impress them by fine tuning how you ask for the information and telling them how you will use it - or better yet, getting their permission to communicate with them. This is a case where you can score some points by asking for their permission to communicate with them, rather than begging for their forgiveness after the fact. Just like everyone else, I hate the unsolicited e-mails I get; but, when I have talked to the source of the e-mail, it's very different.

E-mail communication can and should be part of a bigger strategy - to collect information from and about customers that you can use later to segment them into groups and give them better service. Keep a file of who bought something, when they purchased it, who they bought for, and any other information you can come up with. When your clerks are standing around waiting to ring up the next sale, have them write it down - or do it at the end of the day. It sounds tedious, but can pay huge dividends when youve been collecting the information for a few months. If you think about it, you can create real competitive advantage for yourself and real value for your customers by collecting information and then communicate with them at virtually no cost to your business.

Author Bio:
Jim Deyo is a reputable writer. Jim likes to scribble articles about this industry.
You can also reach this article by using: small business, small business opportunity, small business online assistance
 
 
 

Related Articles

 
Small Business Marketing Secret #5: How a Fruit Tree Can Show You a 20% Increase in Your Business
 
Did You Know That Coupons Help Track Your Advertising Dollars?
 
Loyalty Programs May Keep Customers Coming Back - But First You've Got to Earn their Trust
 
Cross Cultural Communication & PR
 
Outsourced Learning: Are You Ready for Learning BPO?
 
How Video Production can be used in PR
 
How To Seal The Deal In Seven Seconds
 
The Achilles' Heel of Management Coaching
 
Developing Relationships at a Networking Event
 
Customer Service Gems: "Sure, I'll Be Happy To Help You With That!"
 
 
 
 

Business Growth: The Five Rules that Goliath Forgot

Large companies often forget how to grow. They're too focussed on organising or re-organising themse ... - Charles Kingsmill
 

Writing a Business Plan for Success in Business and for Funding

A dissertation on how to take the pain out of writing a business plan and at the same time turn it i ... - Don Bell
 

Finding The Right Business For You: Getting Paid

Discover the key criteria to apply when searching for the business opportunity that's just right for ... - Hamish Hayward
 
 

So, What is Project Management? Try Project Based Working, it Will Help You

Why does our company get so many questions? They are all asking: what is a project and what is not a ... - Ron Rosenhead
 

Great CEOs Knife The Competion. With Killer Strategy.

Have you just been promoted CEO/Director or General Manager? Congratulations and welcome to the worl ... - Joseph Plazo
 

Sales Process Integration & CRM

Lots of companies fail to see the connection between developing a well defined sales process that's ... - Andrew Rowe
 

Truck Detailing Shop Business Case Study

As an entrepreneur you can learn a lot by following the real life case studies of other entrepreneur ... - Lance Winslow
 

Good Marketing Delivers an Effective Message to the Customer

Is your marketing in your company effective? Does your marketing deliver the message to the customer ... - Lance Winslow
 
 
Site Home >> Privacy of Info >> Terms & Conditions  
© 2008 www.weblistingscorner.com All Rights Reserved.