If I had to use only one marketing strategy in my business, which one would I choose?
Without doubt it would be to send a monthly newsletter to my client base. Why? Because newsletters, pound for pound, dollar for dollar are one of the most effective marketing tools available.
Let's just consider the reasons why every carpet cleaner should be sending a monthly newsletter to their customers.
Reason 1: Newsletters help you retain your clients.
How often have you heard people say that they've had their carpets cleaned before and were "very satisfied" but just can't remember the name of the person or company they used. This is a tragedy. One of the most costly expenses in a business is the cost of getting a new customer. And now when it's time for the carpets to be cleaned again, the customer can't remember who cleaned them! Newsletters help keep you ;top-of-mind' with customers. When your newsletter arrives they are immediately reminded to think about whether their carpets need cleaning again. Newsletters also get in 'under the radar'. They are not perceived as a sales pitch and can therefore be used to educate and inform about other services without the usual resistance to a sales message.
Reason 2: Newsletters help with referrals.
If your newsletter is interesting and of value to your customers, they may pass it along to friends or relatives. In fact, just seeing your newsletter can prompt friends to ask what it's all about, perhaps leading to a conversation about the need for cleaning carpets. And of course, your name will be on hand to pass on.
Reason 3: Newsletter help build your brand.
Brand-building is normally too expensive for a small business to use as a standalone strategy. This is because the usual way for a business to build a brand is by means of image type advertising which is very costly and the results uncertain. However, sending a regular newsletter automatically builds your brand name. I like to think of my ˜brand" as the likelihood of my clients using me again and of referring me to others. I know that technically a brand is the sum total of every experience with my business and how my clients and prospects perceive it. Or something like that! Branding of course is all in their mind. Therefore a regular newsletter has the potential to affect how clients and prospects think about my business. And that's very powerful!
Here's an example of the cost-effectiveness of sending a regular newsletter:
A lady who had not used our services for a few years recently responded to an offer in my newsletter. I estimate that she has received about 75 newsletters in that time. If the cost of sending a newsletter including printing, paper, envelope and stamp is say 50p (here in the UK) that means I've spend less than £40 to re-gain her. (Work out YOUR cost of acquiring a customer and you'll be very surprised!). The PROFIT on the job will be in excess of £200. That's a return on investment of over 5 to 1. Even sending a newsletter for many years without response can pay off eventually. Most of our clients respond long before seven years, making it even more profitable.