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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

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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>

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