If your customers unwrap their orders and can’t help but shout, “Look at all the great stuff they sent me!” you can be sure at some point, they’ll order again — and even tell some of their friends.
For two decades, my brother and I have helped companies increase their sales by focusing on improving conversion rates. The number-one secret in our arsenal for increasing conversion rates is to sell more to people who’ve already bought from you.
Prospects and buyers who interact with you via social and email are more likely to become customers with a higher lifetime value. This is because people prefer to buy from companies and people with whom they have a perceived relationship. They made that first initial leap to engage with you (or purchase from you); now you need to position yourself as the best answer to their future problems. Here are some ways to make sure they return to you.
People value time more than they value money. Consider all the buzz about Amazon Go and its non-existent checkout lines. Find ways to make getting customers in and out of your store as convenient as possible.
One way to do this is by making your store — whether it’s brick-and-mortar or online — easy to navigate. Finding products should be intuitive. If it’s not, customers will go elsewhere.
Another way to speed up the process is to make checkout seamless. Take, for example, the Apple Store. There are no lines. Every employee carries around an Apple device and when you walk in the door, an employee puts your name in the queue. You wander the store until you reach the “front of the line” and someone comes over to help with whatever you need. If you’re purchasing something, they can complete the transaction right from their device. It’s painless, convenient and respectful of the customer’s time.
Regardless of the size of your operation, consider a mobile Point of Sale system like QuickBooks Point of Sale to make checkout quick and painless.
Nothing frustrates a customer more than when you run out of the item they’re looking for. Whether you run a grocery store or a restaurant, you have to be intentional about the way you purchase and keep inventory on hand.
I was recently changing all the electrical outlets and switches in my kitchen. I went to a hardware store but they didn’t have nearly enough of the light switches in the color I needed. On the other side of the highway, the other hardware store did. Guess which one I go back to now.
Inventory tracking management, an available feature with QuickBooks POS, can help you ensure you stock what your clients demand.
Implement a Loyalty Program
People love rewards programs and incentives. Just look at the massive success Amazon has had with its Prime membership program.
Lick Ice Cream, my go-to shop in town, has a loyalty program that keeps me coming back. Theirs is based on how many scoops I buy, but not all loyalty programs have to be in the buy-10-get-one-free style. You could consider a VIP club or a way to send out freebies or coupons after customers spend a certain amount of money with your business. Structure a program that appeals best to your customers.