Letters From Lisa – February 2020

Consumers are a confident bunch. If a business doesn’t know what a customer’s likes or dislikes, he or she will be more than willing to jump ship to another option to gain a sense of personalized connection. Therefore, the importance of building relationships in growing a successful business cannot be overlooked. No matter how obvious this seems, we need to stay focused on what it really means day in and day out. Some ways are easy and some not so much, but in any case, they are all worth considering when it comes to finding new customers.

1. Don’t blow off your current customers in search of new customers.

You always want to stay true to the people who have helped you get to where you are. And, those people can help you get even further. Your current customers have a lot of clout. Their engagement and loyalty can make or break your ability to attract prospective customers.

2. Build a solid foundation with your current customers to get free publicity.

That’s right, reviews and referrals will flow freely if you treat your customers well. Positive reviews can attract new customers to your business. One survey found that 92% of consumers read reviews. That means that the majority of prospects are judging your business based on your current customers’ opinions. If your current customers have good things to say about your business, they can bring in a number of referrals.

3. To add to your customer base, work on your first impressions.

If a potential customer contacts you with questions, make a good impression. Otherwise, you might be sending him or her in the opposite direction. Provide value and establish yourself as having an in-depth understanding of the problems they are looking to solve.

4. Build partnerships that have value to current and new customers.

Teaming up with businesses that offer complementary services offers you the opportunity to take advantage of synergy, which can be very effective in building a business. For instance, if you have a company that specializes in search engine optimization, consider teaming up with a business that builds websites.

When all is said and done, nurturing relationships, either with other business owners or customers, helps you expand your customer base. Focus on building human relationships. The stronger your relationships are, the more likely your customers will be to tell their friends about you. And, the more likely they’ll be to become repeat customers.

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