The KiT System of Marketing:
Step 2: Refining Your Database.
Marketing is
different from advertising. Advertising is a
blanket approach that can often be expensive and
ineffective. Marketing focuses on your target to
draw out the best from within.
Market to Your Best Clients First
How do you know who
your best clients are? Use the A, B, C’s on your
database:
A Clients:
1. You’ve enjoyed
doing business with in the past.
2. They’ve been a
repeat customer more than once
3. They’ve
duplicated themselves through referrals of others on
more than 1 occasion.
B Clients:
1. You’ve enjoyed
doing business with in the past.
2. They’ve been a
repeat customer at least once.
3. They may not
have referred you to others or if they have, it’s
been an unreliable referral source for some reason
but has potential to grow.
C Clients:
1. You’ve done
business together and might consider doing so again
2. You don’t know
if they’ll refer others or not.
D Clients
1. D stands for
‘delete.’ These are clients you either don’t want
to work with again, or have chosen not to work with
you for an extended period of time. Tip: pick a
time frame such as 6 months or 1 year and stay
consistent through out your database. If a person
hasn’t done further business or referred someone,
within that time period, it’s time to delete them
from your database (although you may choose to keep
them on your newsletter list if it’s not costing you
any extra).
Once you know who
your best clients are, you can offer them special
rewards or incentives that will encourage them to
continue to work with you as well as refer others to
you. For the B and C Clients, you can stay in touch
with them, offer them slightly different ways to
either work with you again or to refer business to
you, thus turning them into A Clients over the life
of your relationship.
Many people are
afraid to delete clients. Don’t be. If they’re not
referring you and not likely to do business with you
again, marketing to them will only cost additional
time and money. Keep in mind that on average it
will be 20% of your clients who create 80% of your
income. Focus on that 20% to keep your business
growing and thriving.