Database Marketing: Using Point-of-Sale Data to Improve Profitability

Written by David Frey


Continued from page 1

Instituting a program of personal, hand-signed notes that coincide with birthdays or special events addressed torepparttar customer's significant other that offer gift ideas, can have surprising results.

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Step 4: Trackrepparttar 142639 results of your database marketing efforts. _____________________________________________________

By knowing who you sent offers to and who responded will help you identify your best customers, allow you to more effectively allocate your marketing dollars, and help you tweak your marketing pieces to get higher response rates.

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What Information Do I Collect? ________________________________

It’s important to determine in advancerepparttar 142640 type of information to collect. To do this, make a list of common special offers you might be presenting to your customer.

For instance, if you sold a product inrepparttar 142641 health industry and many of your customers have lower back problems you could joint venture with other businesses to develop special promotions on products that help to relieve lower back pain.

To capturerepparttar 142642 fact that your customer experiences lower back pain, simply place a check box on your form that says, "Do you experience lower back pain?"

If your customer has small children, consider presenting follow-up offers for products targeted for small children.

Imagine being a consumer and receiving a letter from your business with an enclosed birthday card for little Joey who just turned eight years old and a discount offer for a basketball hoop or other relevant products. You think to yourself, "What a great gift. Joey would love that!" This isrepparttar 142643 power of database marketing.

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Collecting Accurate and Consistent Information ________________________________________________

Database marketing all starts atrepparttar 142644 point of sale. Without accurate, complete, and consistent data this type of pinpoint target marketing can’t be done.

To ensure that your information is accurate and consistent, help your customers fill outrepparttar 142645 data collection form and review each information form for completeness.

You might experience a hesitancy from your customer to give out all their personal information, similar to how I felt at Radio Shack.

However, after explaining thatrepparttar 142646 information will only be used to send out special offers during important events, is completely confidential, and will not be shared with anybody else, you’ll find that most of your customers won’t have any problem giving out their personal information.

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Cost Effective Loyal Customers ________________________________

Marketing to your current customers is one ofrepparttar 142647 most effective and cost-efficient strategies you can do to reduce your marketing costs, enhance your customer / retailer relationships, and produce long-term loyal customers who, over a period of months or years, become your biggest source of referrals.

David Frey is the author of the best-selling manual, "The Small Business Marketing Bible" and the Senior Editor of the "Small Business Marketing Best Practices Newsletter." To get your free lifetime subscription visit http://www.MarketingBestPractices.com


Dr. Robert Anthony Reveals How To Use Quantum Physics To Supercharge Your Life

Written by Rick Miller


Continued from page 1

According to Quantum Physics, focusing actually causes changes in energy fields that automatically produce a physical change in your surroundings.

Instead of focusing onrepparttar problem, you need to focus onrepparttar 142607 solution—the outcome that you desire. Unfortunately 95% percent of people focus on what they fear, instead of what they want out of life.

It’s kind of like driving downrepparttar 142608 road and seeing a pothole. If you focus intently on staring atrepparttar 142609 pothole, intending to miss it, what happens? Of course! You run smack dab into it.

It’srepparttar 142610 same in all areas of life. When you focus on your fears, you make them reality.

Do you worry about spending money educating yourself to reach your goals? Are you afraid that you may be throwing away money that you may never see again? Are you operating in a spirit of fear?

As Sir Winston Churchill is so often quoted, “The only thing we have to fear is fear itself.” This statement hitsrepparttar 142611 nail onrepparttar 142612 head. It literally is 100 percent true.

Focus instead on realizing that you must haverepparttar 142613 proper tools and education to succeed.

You wouldn’t try to build a house without a good set of tools and some construction knowledge.

Focus on doing exactly what it takes to getrepparttar 142614 outcome you want.

With that in mind,repparttar 142615 key to success isrepparttar 142616 more you focus on what you want,repparttar 142617 more your desires will manifest themselves in your life.

Rick Miller is a Certified Master of Web Copywriting and co-founder of List Crusade. We've arranged for 72 of our readers to access Dr. Robert Anthony’s complete audio training for fr^ee, along with training from Jay Abraham, Joe Vitale, John Gray, Mark Victor Hansen, Jack Canfield, Robert Allen, Brian Tracy, and other experts. Go to: ==>http://www.ListCrusadeArticles.com/sya-anthony.html


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