Posts Tagged ‘american express’

December 8 2009

HOW TO: Use Social Media to Retain Customers

online shopping imageThis post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.

There are many times or reasons that a small business will receive an influx of new customers — such as around the holidays for retail stores, during a new product or service launch or after a local advertising campaign. While new customers are great, returning customers are even better. Social media offers a number of opportunities to turn your new and existing customers into repeat customers and fans.


Hook New Customers on Social Media


The first thing you should do is direct new customers to your social media accounts. A good way to do that is to incentivize that act of becoming your friend, fan, or follower. Offer those who have just made a purchase a discount on future business in the form of a coupon, but tie it to your social media presence. For example, retailers could let customers know at point of sale that if they become a fan of your business on Facebook, they’ll receive exclusive offers for discounts on future purchases. Or customers could be given instructions to tweet out a special hashtag with a message about your store after they follow your Twitter account, and once that’s done you could send them a direct message with a special offer.

This is not unlike the common practice of taking down e-mail or mailing addresses for mailing lists, but social media puts the user more in control since, when properly used, it is a two-way medium. That’s actually an advantage to small business owners because active, engaged customers will be more likely to give you their attention.


Concentrate on Building a Community


online community imageOnce you have users signed up to follow you on social media sites, the trick to retaining them as customers is to keep them wanting to come back. That means constantly engaging them with new content, exclusive offers and information they can’t get elsewhere. The best way to grow your community is to consistently offer them quality content. That means forgoing the sales pitch most of the time.

Customers join communities because of the quality of information and because they want to be privy to news about sales, coupons, deals, new products, or changes to your business (e.g., new hours, changed location or updated menu items). But that doesn’t mean they want to receive constant sales come-ons. Delivering quality, helpful tips and information to your customers will make them more likely to want to do business with you and help build your online community.

Restaurants could share recipes or tips for properly reheating leftovers, for example, while plumbers could offer instructions for simple home fixes. Retailers could offer honest reviews of new products, and doctors could offer alerts about the latest medical research or health care policy updates. Get creative — what sorts of information can you provide your customer community? This type of content will help to build your social media community and turn new buyers into return customers.


Play Favorites


Social media is a great place to promote your general sales and events, but you should also consider offering your social media fans exclusive deals that cannot be had elsewhere. Online-only offers will keep fans returning for more and it will help to build a community around your store, service or brand, which is what social media is all about.

It’s certainly true that you should treat all of your customers well, but it doesn’t mean you should treat them all the same. Those customers that have taken the time to sign up as your fan, friend or follower have shown a heightened interest in your brand that should be recognized. By plying your social media followers with occasional exclusive deals or discounts, you can help turn customers into fans that will evangelize your business to others. That way, you can turn new customers into return customers, who in turn attract more new customers for you. That’s the type of cycle that social media, when put to work properly, can help you create.


More small business resources from Mashable:


- Mashable’s Social Media Guide for Small Businesses
- Top Mobile Productivity Tools for the Small Business
- 5 Advanced Social Media Marketing Strategies for Small Businesses
- 4 Ways Social Media is Changing Business
- 6 Must-Follow Steps for Selling in Any Economy
- 5 Easy Social Media Wins for Your Small Business

Image courtesy of iStockphoto, MorePixels, timsa


Reviews: Facebook, Twitter, iStockphoto

Tags: business, how to, List, Lists, small business




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November 17 2009

Before You Go Online: Talk to Your Customers Offline

customers imageThis post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.

Twitter. Facebook. LinkedIn. MySpace. Foursquare. Brightkite. Posterous. Tumblr. The list of social networks and social media tools goes on and on, and as a small business owner, the biggest limitation you’ll run up against when planning to use social media is not likely going to be cost, but time. Utilizing social networks and web tools properly requires a significant time investment, both for learning how to use the networks and setting them up, as well as maintaining an active presence and building a community. Unlike corporations, most small business owners do not have the ability to hire a dedicated social media or online community manager.

How does a small business owner know where to invest their time and resources?


Talk to People


It may seem simplistic, but the best way to figure out where to put your social media energy is to talk to your customers. You probably already have a good relationship with many of your customers, so just ask them: “Do you use social media? Which sites do you use? Would it be useful for you if we started using those sites too?”

Asking these sorts of questions of your customers can be invaluable. You’ll learn which sites the people who buy from you use, and what uses of those social media products and services would be most useful to them. By spending a couple of weeks talking to your customers and getting their feedback, you’ll be able to hit the ground running and dive into social media already knowing that your time and resources will be well spent.


Do Some Preliminary Searches


cupcake search image

Even after talking to customers, before you commit to putting a lot of time and effort into building your presence on a specific social media network, you should do some searches to see what’s out there. It’s possible that your customers are already on the network and talking about your business. And it’s probable that your competitors already have a presence there. Spend some time searching around the network or tool to see what’s there.

Start by searching for your company name. Are your customers already talking about you? What are they saying? The types of things they’re talking about might inform how you should utilize that platform. Next search for your competitors and evaluate how they’re using the platform. What seems to be effective for them? Is it something you can emulate? Finally, do some more general searches for keywords related to the product, service, or industry you’re in. You might be able to attract new customers through social media, but only if the people in your key demographic are using that social network.


Keep Communications Channels Open


Once you’ve committed to the social networks and social media tools you plan to use, you should keep the channels of communication open. Social media is all about conversation, so you should take advantage of that by continually striving to keep a finger on the pulse of your customers. Don’t stop talking to them, and make it easy for them to let you know when you’re doing something wrong, or if they have a suggestion of something new that you should be doing. By constantly reevaluating your use of social media, you’ll make sure that you’re never wasting your valuable time and resources on a network or strategy that won’t bring you an optimal return on investment.


More business resources from Mashable:


- Why Social Media Is Vital to Corporate Social Responsibility
- HOW TO: Measure Social Media ROI
- 5 Important Web Video Lessons for Small Business Owners
- Top 5 Must-Read Social Media Books
- HOW TO: Use Twitter Hashtags for Business

Image courtesy of iStockphoto, Kronick1


Reviews: Brightkite, Facebook, Foursquare, LinkedIn, MySpace, Posterous, Tumblr, Twitter, iStockphoto

Tags: customer, small business, social media, social networking