One-to-one
marketing, aka personalized
marketing, has helped many big companies shape their
offerings to appeal to individual customers. Two of its biggest benefits
include the ability to create promotional messages more customized to each
shopper’s taste, and the creation of long-term business-customer relationships.
The best thing about one-to-one marketing though, is that even small to medium
businesses can afford to use it.
One-to-one marketing serves two important functions: First, it makes the customer feel more valued, and second, it provides easy access to the products and services that the customer is interested in. There are mainly two types of one-to-one marketing, namely: software suggestions and email marketing. Software suggestions focus on using automated systems to identify and suggest products that a customer will be interested in and most likely to buy. The suggestions are based on the data that the software gathers based on the customer’s shopping preferences and patterns.
Email is
another one-to-one marketing tool that’s extremely affordable for small business.
After all, all that needs to be done is to set up an email account and you’re
practically good to go. Having a Google account for example, can give you the
power to upload and target email lists in AdWords via Customer Match.
The key
developing a successful one-to-one marketing plan is to develop a data system
for learning and remembering the tastes and preferences of each individual
customer. Later, you can use the gathered data to create individualized offers.
Even if your business is small, you can still offer rewards that you can then
use to track the products they purchase. Working with a savvy online marketer
can be of immense help in this regard.
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