Monday, May 20, 2024
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CRM Helps Harvest Low Hanging Fruit

Recently, there was a news report on how a lot of families are dealing with the (possible) recession by growing their own fruits and vegetables. Makes perfect sense. It cuts down on expensive gas, its self-replenishing, and you can grow what you need. It also is tasty and satisifying. What’s the point?

There is a term in sales called “low-hanging fruit,” identifying prospects and customers that you can capture and sell to quickly without a lot of background work or negotiation. In sales, being able to identify which businesses are due for some type of re-marketing or outreach, can reduce the chances of existing easy revenue slipping through the cracks. Its easier to sell repeat business than it is to start from scratch.

Here’s an example. Let’s say you’re a restaurateur and you keep contact with your frequent patrons that come to your restaurant. CRM Solutions like LongJump’s Sales Force Automation suite would enable you to pull data from your cash registers and let you analyze across both data sets when one of your regulars hasn’t paid a visit in a few weeks.

How can you use this valuable customer information? Add an email marketing campaign with LongJump Campaign Manager to repeat each week for all your missing regulars with a “we miss you” type message, a coupon for something unique like a free bottle of house wine with dinner for two, and a tantalizing list of new menu items.

If they come, again push that register data back into LongJump, and send that customer a thank you, with the same offer that they can pass along to one of their friends.

You’ve now created a low-cost, self-replenishing, referral-driven campaign.





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