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Monthly Archives: January 2012

When is a door, not a door?

Posted on January 16, 2012 by Chelle Parmele
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When it’s a desk!

From door to desk!We’ve all been busy little entrepreneurs! With business booming, we’re bringing in some key sales and marketing new hires to help the company expand. And since we can’t seem to figure out how to fit 9 people in a single 12 x 8 foot room, we’ve taken new office space in downtown Eugene.

The thing we’re all most excited about has got to be our new desks.

Our President's deskMarci, David and Jake went down to BRING, a local non-profit in Glenwood that specializes in recycling building resources, and found some amazing recycled front doors. Picking out some unique ones, they are now all at a woodworking shop in Junction City being turned into desks.The first desk into the office was David’s. Doesn’t it look amazing?

Just eight more to go.

Posted in SheerID | Tagged BRING, door desks, Eugene, Oregon, recycle reuse, SheerID

Go get new customers in old ways

Posted on January 10, 2012 by Marci Hansen
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New customer discounts don't fall off the turnip truck We all know that bringing in new customers is a lot more expensive than keeping existing customers, but the loyal customer relationship doesn’t fall off the turnip truck, it has to start with a new customer.

With the SheerID solution, for the first time, you can filter who gets your discount, or promotion, or special offer to only new customers. That way your average order total stays where you want it, while you offer an incentive for a brand new customer to give you a try. So it only makes sense that a blog post on how to get new customers would show up on the SheerID blog. These aren’t new ideas, but right here, right now, they are revolutionary because you can do all these without having your discount or special offer broadcasted to people you didn’t want to redeem it. The best most efficient way to find new customers is in bulk. Look under rocks where there are a bunch of them gathered. So what are those rocks? Here are some thoughts to get you started:

Partnering with non-competing businesses

Develop that mutually beneficial relationship with the company that is selling faucets to go with your sinks, or business cards to go with your LLC-set-up service, or Sonny dolls for your Cher dolls. I have a client, Olive Grand in Eugene, OR, who sells gourmet olive oil, they partner with wineries–um, brilliant. They each offer a discount to the other’s customers, then advertise that discount as a great benefit to their own customers, well done.

eddie bauer should offer student discountsAssociations
Association groups love to offer exclusive discounts to their members. It can be free advertising for your product to be within the newsletter or on the website of an association that their members trust. That means that super valuable “Halo effect” is within your reach. A great example of this is Eddie Bauer and the Mazamas. The Mazamas are a club filled with hikers and mountain climbers in Portland, OR, 3500 of them or so. Eddie Bauer’s heritage was in hard-core mountaineering clothing and they’ve recently come back to it. To get that crowd to try their new line of high-tech clothing, First Ascent, they offer 40% off to all Mazama members. I know that Eddie Bauer recently was focusing on golf clothing and down comforters, so I would have never tried a parka from them to survive on Mt. Rainier. However, this year, I heard from three different Mazama peers how amazing EB’s new line is—they tried it because of the discount. That’s it, I’m hooked. The promotion worked. They reached the exact target market they wanted to (insert golf clap here). Well done Eddie Bauer.

College Students
The answer is within the question really. College students are everything a business is looking for in a new customer: the whole world in front of them, great potential, cinder-block and milk-carton furniture. Some huge house-hold names have built their business by reaching students better than their competitors do. They are all gathered in one place, so easy to reach, so go get them.

Alumni
You think college students are great, then alumni are like the Venti version. They are associated with their school so easy to reach, they have some cash, they are having kids, and they need stuff. You can reach one school, or regionally, or all of them.

Pay Per Click
Pay Per Click is the single best way to get super-qualified customers. They’ve search specifically for your product, they found your ad, they clicked through to your website, now you just have to close them. Increase your ROAS (Return on Ad Spend) by offering a discount to only new customers who clicked on your Pay Per Click ads. As marketers, we’ve always wondered if we could do that, now we can.

Industry thought leaders
Bloggers are a force that should not be ignored. Who is writing about your industry? Who are your customers reading? Here again is where that mutually beneficial relationship comes in. Contact the biggest bloggers in your industry and offer a discount to their readers.

Your friends’ friends
A referral and recommendation program is the most under-utilized strategy out there. Tell your best customers to refer a friend. Then, when the new customer signs up for an account, allow them to type in the email address of the person who recommended them. They then both get a special offer. It’s like having a loyalty program and new customer program combined. It sounds complicated. It’s the exact kind of hair-brained idea that marketers come up with that make the IT department want to run screaming away from their stand-up desks. But if thought through in like, a flow chart, or something you learned in biz school, or by Googling it, it can be done easily.

And, everything else
Let’s go old school. Print ad, radio ad, web banner ad, sugar cookies frosted with your message, sky writing…go crazy. Advertise your “new customer discount” anywhere you want, anywhere that works for you. You don’t have to get custom and high-tech, you can simply state that your offer is for “new customers only.” No way! Way…

These strategies can give your marketing campaigns and therefore online revenue that gas-station-convenience-store-front-counter-energy-drink-type boost that you need going in to your annual review. Try one or a couple, they work even better when you mix and match.

Posted in Marketing | Tagged alumni, business development, college students, discounts, Eddie Bauer, marketing, pay per click, relationship building

Your discount programs–are you solving pain points or creating them?

Posted on January 3, 2012 by Marci Hansen
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student discounts on toastThere’s this thing, called the Internet…you can do all sorts of things with it. You can look up facts, like how many plastic surgeries Cameron Diaz has had. You can communicate with people about what you had for breakfast, and post pictures of the Virgin Mary’s image on your toast. You can also sell stuff. That’s right, on the Internet, you can sell stuff. The cool thing is, you can sell stuff to people outside your neighborhood. That means you can sell a lot more stuff to a lot more people. This Internet thing is huge, right? Like revolutionary!

No, this isn’t a blog post from 1994. This is a message to all those merchants out there who advertise, market, promote, and yes, even sell on the Internet, but still think it’s a valid shopping experience to ask customers to walk into a store to finish a transaction. I’m putting on my saffron robes, stepping up on a soapbox, and holding my signs that I finger-painted this morning with pistachio-flavored instant pudding—People, I implore you, the end is near.

Companies of all sizes make the mistake of focusing too much on their product and not enough on their audience. When I speak to my groups of small business owners and marketing students about who their audience is, I get a lot of bored faces and everyone stops taking notes. It’s not any fun to talk about. Throw up a slide of how adding a contest to a podcast increased revenue, or how using Google’s webmaster tool got us 2 million views on YouTube in six months, now that’s fun. But talk about creating a profile of your target market and determining your customers pain points and people start checking their fantasy lacrosse team’s stats on their smart phone.

So I’ll lob you a soft, slow one—making people leave an online shopping experience to finish their transaction is painful. As a marketer, we are supposed to be getting out of bed every day to solve a customer’s pain with our products. But if you tell a customer they can have a discount only if they shop in-person, or make them join a club to get a discount, you’ve created a pain point. Which means that too often, your customer will go someplace else to buy instead, and complain about you to anyone who will listen on their entire journey.

Show and Save

student discounts on root canalsLeave it to marketers to create a difficult process to use a discount, then give it a cute name in hopes that no one will notice that it’s root-canal-painful. “Show and save” is the process of getting a student or military discount by showing your id. Because customers currently can’t “show” a student or military discount online, they have to go in person.

There are even “solutions” out there to help you create a “show and save” program. The student or soldier can pay to join and get a card. They then show that card to prove that they are a student or soldier. But wait, there’s more pain. We’ve called several of those retailers who accept the “club” cards, and they still require that you show your student or military i.d. with the “club” card that you paid for. Are you as confused as I am yet?

I wish I had some stats for you to prove my specific point of how lame it is to tell people they have to buy from you in person, or ask them to pay to join a club to prove that they are who they say they are. But I don’t. Here are some nuggets to chew on that at least circle in on the issue:

1. There are studies done that show that adding one extra step to your online shopping cart reduces your conversion rate by 30%–like adding a phone number field when you don’t need it, or requiring a password. So you can imagine if you asked them to get in their car…

2. We recently completed a survey of college students that showed that 72% of college students would use student discounts more often if they were easier to use.

3. Costs for an online transaction are a fraction of the cost of an in-person/brick-and-mortar transaction. It is a different number for every business, but ranges from 40 – 75% cheaper for a customer to use your website to make a purchase.

I get it. Targeting a specific market is how marketing works. It makes for a better targeted message, makes for a more efficient marketing spend, and should lead to better results. But we need to fast-forward to the end of the movie. It’s not pretty. John Cusack doesn’t get the girl and there are no plans for a sequel. When you are a store who markets to students and military, but then tell them that they can’t redeem their discount online, you’ve doomed your marketing to, at best, mediocre results.

student discounts on catsA good blog post would now offer four steps to fix this broken process and increase your ROI, your conversion rates, your reach, and your market share. I don’t have a list. SheerID offers a solution that verifies the identity of college students, or any other group that you deem worthy of a discount. The verification happens in your online shopping cart, and your customer doesn’t have to do anything, they won’t even notice it is happening other than high-fiving their cat over saving a bunch of money and having a sweet online purchasing experience.

To save this blog post from being one giant sales pitch—don’t call SheerID if you aren’t ready to make the change. But let this eight minutes of reading challenge you to at least fire off some emails to your analysts and IT guys and run the numbers. Do a little research to see what it would do to your market share if you could move your discounts to online. If they look good, like “get you a promotion” good, then call us, and we can help you figure out the solution that will work for you.

Posted in Discounts | Tagged discounts, marketing, sales process, shopping cart

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