Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Converting Prospects into Repeat Buyers in Five Steps
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Converting Prospects into Repeat Buyers in Five Steps
Business Intelligence

Converting Prospects into Repeat Buyers in Five Steps

SundeepKapur1
SundeepKapur1
3 Min Read
SHARE

Here are five best practices that work for marketers to convert their prospects into buyers, and then repeat buyers – basically fans that start following the brand with a passion.

1. Making a connection – Target people with their preferences. If they have not provided you with preferences, then give them options via an email or a direct mail piece. Watch what they prefer, and add that to their preferences. Use this information to create targeted offers for them.

2. Try to create a memory – Make sure that your copy and image are interesting enough for the recipient to remember. Also, make the call to action stand out. In an ideal situation the recipient will click through to purchase. If not, coax them to review your offer or even perhaps add the offer to their shopping basket which you can store for them.

More Read

How to Watch Super Bowl Ads at $0 Cost
The Bolus of Bucks
Dynamic Infrastructure for a Smarter Planet (via IBMSocialMedia)
Use of Analytics in Business Verticals
Do It Yourself with BI and BPM

3. Provide a trigger…


Here are five best practices that work for marketers to convert their prospects into buyers, and then repeat buyers – basically fans that start following the brand with a passion.

1. Making a connection – Target people with their preferences. If they have not provided you with preferences, then give them options via an email or a direct mail piece. Watch what they prefer, and add that to their preferences. Use this information to create targeted offers for them.

2. Try to create a memory – Make sure that your copy and image are interesting enough for the recipient to remember. Also, make the call to action stand out. In an ideal situation the recipient will click through to purchase. If not, coax them to review your offer or even perhaps add the offer to their shopping basket which you can store for them.

3. Provide a trigger – Let people purchase a tangible asset from you. Even if this is a small purchase, it is a foot in the door. Solicit their feedback, their opinion, and seek additional preferences.

4. Follow up with more – Use the information provided to create a second order. Do this within 45 days and you will be well on your path to moving the one time buyer into a repeat buyer. Leverage this information to thank them and make them another offer within a 30 day period.

5. Keep score –
Look at your results in real time. Test out offers, headlines, & prices. Keep an eye on your numbers and use this to come up with dynamic offers.

Marketers look at Recency, Frequency, Monetary values to make offers for prospects. Recency offers a great opportunity to re-engage fans, customers, or even prospects driving them towards more from your organization.

Link to original post

TAGGED:targeted marketing
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

data analytics
How Data Analytics Can Help You Construct A Financial Weather Map
Analytics Exclusive Infographic
AI use in payment methods
AI Shows How Payment Delays Disrupt Your Business
Artificial Intelligence Exclusive Infographic
financial analytics
Financial Analytics Shows The Hidden Cost Of Not Switching Systems
Analytics Exclusive Infographic
multi model ai
How Teams Using Multi-Model AI Reduced Risk Without Slowing Innovation
Artificial Intelligence Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Targeting readers who hate my book

4 Min Read

Is Amazon really that cool as we keep saying?

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?