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The freebie is a powerful force. This
month we give tips on how to master this powerful force.
There are two
freebie recipients we will discuss in this newsletter, internal
customers and external customers.
Internal customers
are those that you work with, bosses, co-workers, secretaries, sales
staff, etc. External customers are customers you invoice. For either
type of customer, the promotional item serves the same purpose: building
name recognition, and improving customer relationship.
The Internal Customer
A friend of mine
worked in the call center as a customer service representative, for one
of the largest banks in the
USA. Their
representatives were trained to always offer a financial service to
incoming callers. This was one of the ways they broadened their customer
relationship (up selling). If the representative got 10 customers to
apply in a day, the representative got a little key ring shaped like a
piggy bank. Well, my friend took great pride in his little piggys! He
wore ten of them on his ID lanyard. Many representatives at the call
center wore piggys on their lanyards, and the more pigs you had, the
more respect you got (because everyone knew it took hard work and good
customer service to get 10 applications in a day).
In the final
analysis, the internal freebie was a powerful tool. The piggys cost
$1.00 each with one color imprint. The bank had a 30% approval rate on
their applications and a minimum profit of $10/month on an approved
application. For each piggy they gave to an employee, they made
$29.00/month! Additionally, the promotional items are a form of
advertising. The representatives generally gave piggys to friends
outside the workplace which was more advertising for the bank. Plus,
they increased sales through positive reinforcement. It was also a great
positive morale booster that increased competitiveness.
Your internal
freebie should be well thought out and empower your staff to reach a
specific goal in order to maximize the force of the freebie. If internal
freebies are given willy-nilly, it can create discontent and confusion.
You would obviously
want to pick a freebie that is appropriate to the goal reached for the
freebie, and frequency that the freebie is given. You should make
certain that the freebie is on hand. Part of the power of the freebie is
immediate gratification. You should consider having various reward
levels of freebies for your internal customers; dollar freebies, ten
dollar freebies, and maybe a few thirty to fifty dollar freebies. If
your top sales person sells a two million dollar contract a dollar
freebie may not be appropriate.
The External Customer
External customers
are ones we most often associate with freebies. When ABC business gives
a client a freebie,
·
The
client
feels good about doing business with ABC.
·
The
client
feels comfortable with the purchase they made with ABC.
·
The
clients' (internal and external) customers are exposed to the freebie.
· Even
inexpensive freebies serve as a tangible reminder to your customers that
you appreciate their patronage.
Whatever is sent as
a freebie, it
builds name recognition, and broadens your relationships with your
customers. This extra step can separate you from the competition.
Becoming one
with the force
As with any form of
marketing, you need to maximize your message and your media. We have
over 500,000 promotional items available. Additionally, we have
representatives that can save you time, and money in your quest for the
most effective and efficient promotional campaign. Below are some
examples.
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