For some reason, though, many network marketers overlook
existing customers as a source of sales. Sure, they’ll take any repeat orders
that come in, but they don’t actively mine this list for additional
opportunities. Maybe it’s because booking a new party or class seems more
exciting, or maybe because they think they’d be bugging people if they called.
Whatever the reason, not looking to your existing customer base for sales is
like not picking up a twenty-dollar bill on your front steps.
Here are some ways you can maximize your profits from your
existing customers:- Ask for
referrals. If you have a customer who orders from you again and again,
ask for referrals. They obviously like your products and wouldn’t mind
sharing their great find with their friends. Even if you have asked
before, ask again. People are constantly getting introduced to new social
circles, meeting new individuals, or realizing that someone they thought
wouldn’t be interested now might be ready to give it a shot.
- Ask for
feedback. If you have a loyal customer, leverage the relationship by
asking for their opinion on your presentation, products, or competitors.
You might want to offer a small discount or free product for their
assistance.
- Tell them
about the new stuff. Instead of just letting them put in their order
every quarter for the same six items, introduce them to new products they
may not have been aware of. Customers can fall into ruts, and it’s up to
you to give them a jolt. Let them know what’s new, different, or better.
- Offer
preferred customer status. Many network marketing companies offer programs
specifically for their “preferred” or high dollar-value customers. If your
company offers such a program, take advantage of it! If there is no
structured program, create your own. You can send long-time customers
special promotions, product announcements, and news and tips particularly
for them. It will make them feel special and give you another reason to
contact them every month.