Jeweller - April 2020
• Conquering Coronavirus: protect and prepare your business during the pandemic • Time frame: exploring five years of change in the watch category • Watch this space: a showcase of best-selling and new release watches
• Conquering Coronavirus: protect and prepare your business during the pandemic
• Time frame: exploring five years of change in the watch category
• Watch this space: a showcase of best-selling and new release watches
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
BUSINESS<br />
Marketing & PR<br />
Simple and effective ways to boost your<br />
word-of-mouth referrals<br />
Building buzz around your business can be challenging, writes THOMAS YOUNG, but one of the<br />
simplest – and best – ways to market yourself is through your customers.<br />
The most powerful form of marketing<br />
is word-of-mouth referrals. This is true<br />
regardless of the size of your business<br />
or marketing budget. When generating<br />
referrals, your customers become your<br />
sales force!<br />
After all, who better to promote your<br />
products than loyal customers? So, here<br />
are 12 ways you can develop word-of-mouth<br />
referrals for your jewellery store.<br />
Ask for referrals<br />
The easiest way to generate referrals is also<br />
the most important. People want to help<br />
others, especially when you are good at what<br />
you do. Let your customers know that you<br />
are looking for referrals by asking them!<br />
They will be happy to oblige, and some will<br />
go out of their way to help.<br />
Be specific<br />
Provide your referral sources with a few<br />
details about your target market. If you<br />
are not specific in your request, referral<br />
sources will generally not be able to think<br />
of a particular person to whom they could<br />
recommend your store. Make your request<br />
specific: describe your ideal customer.<br />
Align with your customer’s vision<br />
Get inside the head of your customers<br />
and align with their vision – that is, what<br />
they want to accomplish. Be a resource;<br />
understand the needs of your customers.<br />
Referrals will come when they realise that<br />
you really do understand them and that your<br />
goal is to help, not just make a sale.<br />
Develop word-of-mouth promotions<br />
Develop a marketing promotion plan that<br />
encourages referral benefits for your<br />
existing customers. Make the promotion<br />
worth your customer’s time by offering<br />
valuable incentives for new referrals. A good<br />
example is a friends-and-family promotion.<br />
Promote feedback<br />
Ask your customers to evaluate your<br />
products and services and provide feedback<br />
on how you measure up. Share this<br />
information with current customers and new<br />
Turn your customers into your sales force by encouraging referrals.<br />
prospects. Obviously, correct the areas in<br />
which you are deficient and remove barriers<br />
to customer service.<br />
Continue self-development<br />
Commit to constant learning as a business<br />
owner. You must expand ‘out of the box’<br />
and constantly increase and develop your<br />
knowledge and abilities, or you will be left<br />
behind by the competition. Knowledge is<br />
powerful and shoppers will come to you for<br />
expertise before they buy from you.<br />
Build a customer community<br />
Find ways to bring customers together with<br />
other customers. This might be achieved<br />
through your store’s Facebook page or<br />
group, a ‘chat’ section of your website, or<br />
through in-store customer events. This<br />
brings a community of customers together<br />
and stimulates word-of-mouth.<br />
Communicate your competitive advantage<br />
Understand why you are different from the<br />
competition and what sets you apart in the<br />
eyes of the customer. Communicate this<br />
message in your promotional activities.<br />
Be clear in delivering this message; it’s the<br />
most important component of your direct<br />
marketing efforts and the reason people<br />
become loyal customers.<br />
Listen to your customers<br />
In jewellery retail, as in all sales processes,<br />
it pays to become known as an excellent<br />
listener. This communicates that you care<br />
about others and builds an enormous<br />
Look for other<br />
like-minded<br />
businesses<br />
that currently<br />
service your<br />
target market<br />
<br />
help each other<br />
amount of trust. The fact that you are the best<br />
listener will be passed on to others and result<br />
in valuable referrals.<br />
Build alliances<br />
Determine how you can reach your target<br />
market by developing alliances with other<br />
businesses. This is very common on the<br />
internet as websites, Twitter accounts and<br />
Instagram pages link to and interact with<br />
each other with great results.<br />
Look for other like-minded businesses that<br />
currently service your target market and find<br />
ways to help each other.<br />
Learn how to network properly<br />
Take time to learn how to effectively network.<br />
Establish a networking strategy and plan on<br />
helping others, which is the key to successful<br />
networking. Read and learn more about how<br />
to network effectively and seek the advice of<br />
other networking professionals to ask what<br />
makes them successful. They will often share<br />
their secrets.<br />
Develop a website that people talk about<br />
Establish a website that catches peoples’<br />
attention. When people are browsing online<br />
and come across a great website, they<br />
typically tell others about it.<br />
It is very common and easy to share links<br />
with friends, particularly when browsing on<br />
a mobile device. Find a way to make your site<br />
unique by adding value to your target market,<br />
which will make them far more likely to share<br />
your link.<br />
These are a few ways to build word-of-mouth<br />
referrals for your business. Remember, there<br />
is no quick fix in sales and marketing, and no<br />
substitute for excellent customer service or<br />
valuable products and services.<br />
Take the time to strengthen your marketing<br />
efforts, focusing on these areas, and watch<br />
the referrals come pouring in.<br />
THOMAS YOUNG is CEO of Intuitive<br />
Websites. He has 25 years’ marketing and<br />
sales experience. intuitivewebsites.com<br />
46 | <strong>April</strong> <strong>2020</strong>