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Marketing U - Class #8: Newsletters Turn Buyers Into Customers!

Posted by on Jul. 11, 2007 at 10:37 PM
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Newsletters Turn Buyers Into Customers!

Will They Buy From You Tomorrow?
So they bought your product yesterday, but will they buy it tomorrow? In many markets the substantive differences between products have narrowed to the point of insignificance. Hence, your ability to build a relationship with people who buy your products is more critical than ever. And newsletters can help build relationships. They can show customers how to get more value out of your products, perhaps by showing how other customers are finding new uses for them or, in the case of resellers, by showing new ways to merchandise them.

You want customers to know as much about your products and services and your firm as they possibly can. And you want to keep your firm fresh in their minds. If you can do this, they are going to be much more likely to do business with you again, even if a competitor is offering the same product or service at the same price.

Create Product Evangelists!
Especially in its early days, when it dominated the emerging market for personal computers, Apple Computer was phenomenally successful at creating product evangelists. These were people who not only liked Apple computers, they loved them, and they loved them so much they told everyone they knew to go buy one!

Newsletters can help create product evangelists by building a bond with your product users. You may also want to send newsletters to "key influencers"-people who are in an unusually good position to be able to recommend your product to many others.

For example, part of the success of our JobBank™ career books is attributable to how widely and favorably they have been recommended to job hunters by college placement counselors and librarians-to whom we often send mailings.

Avoid The Hype!
One of the reasons many newsletters work is that people read them-no small feat when one considers the typical mail volume at most businesses. The reason people read them is that they think they might find something useful or interesting-not just a blatant sales pitch.

For example, the leading publisher in the book trade, Random House, has a newsletter that is as well-read as some of the industry trade magazines. People love the chatty, informal, no-hype style. And the newsletter has tremendously added to its credibility and readership popularity by occasionally recommending books published by competing firms. Like many other newsletters today, the Random House newsletter is also available free-of-charge on the Web.

Cracking Tough Accounts!
My marketing manager loves newsletters because in his earlier twenty-year career as a retail buyer, newsletters got him to place orders, but fancy brochures and flyers went quickly into the wastebasket.

In my experience I've had mixed results mass-mailing newsletters to cold prospects, opening up just a few new accounts. On the other hand, though, I find that newsletters work well as one part of the sales mix, when you are already calling or visiting a critical, but difficult, new account.

Sometimes I find that buyers at larger accounts drag their feet picking up a new product until they feel it's already a well-established success. And a newsletter is a perfect vehicle to communicate the success of your products to potential buyers.

Side Benefits Of Newsletters
Newsletters are great not just for customers, but also for getting employees, distributors, commission sales reps, the media, and other third parties excited about your firm. I'm often surprised to hear that even many employees learn important new information about our company through the newsletter.

I've also found that the job of newsletter editor is a great motivator in and of itself. I know one of our newsletter editors felt that creating the newsletter was the most exciting part of his entire job-no big surprise since he was in charge of the newsletter and the rest of his job consisted of being one of many assistant editors on a large editorial team.


* Source Streetwise Business Tips



Joyce
Deals & Steals
Cookbook for Charity
The Real Estate Market
Marketing Your Business
Web Wizard Creations

Posted by on Jul. 11, 2007 at 10:37 PM
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momtosame
by on Jul. 14, 2007 at 10:38 AM

No, but what a great idea! I should do one or have one done!

http://jackpot.netwinner.com/?signupCode=tsame

JHanc968
by Group Owner on Jul. 14, 2007 at 1:29 PM
It is easy to do one...in PrintShop or PrintArtist - they have templates - you just fill it in!

Tanya - you could do a cool combo newsletter.... Moms on the run - save time and money and use tips from both the beauty products and the gourmet/convenience foods & herbs!  Look and feel beautiful while preparing an awesome meal for your family!!


Joyce
Deals & Steals
Cookbook for Charity
The Real Estate Market
Marketing Your Business
Web Wizard Creations
momtosame
by on Jul. 14, 2007 at 1:32 PM

Quoting JHanc968:

It is easy to do one...in PrintShop or PrintArtist - they have templates - you just fill it in!

Tanya - you could do a cool combo newsletter.... Moms on the run - save time and money and use tips from both the beauty products and the gourmet/convenience foods & herbs!  Look and feel beautiful while preparing an awesome meal for your family!!


Joyce
Deals & Steals
Cookbook for Charity
The Real Estate Market
Marketing Your Business
Web Wizard Creations

Oh that would be awesome!  Printshop or Printartist where would I locate that at?

http://jackpot.netwinner.com/?signupCode=tsame

JHanc968
by Group Owner on Jul. 14, 2007 at 9:05 PM
I mis-spoke it is PrintMaster that has the newsletters...I think I have an extra copy.  When my computer crashed I couldn't find mine and bought a new one - so then guess what happened - I found the old one!!  LOL

Until I can get you a copy though.... you may have Microsoft Publisher already on your computer, it comes pre-installed a lot of times.  On your computer, click "Start", then "All Programs" and see if you see "Microsoft Publisher" listed there.  Publisher has several different newletter templates you can use.



Joyce
Deals & Steals
Cookbook for Charity
The Real Estate Market
Marketing Your Business
Web Wizard Creations
dawnjones
by on Jul. 15, 2007 at 10:48 AM
I use a newsletter. It is in email format and the website I use has a ton of templates, you can upload photos, you can use paypal to have readers order immediately and directly from you etc. It is so easy and actually fun. Plus you can track who is opening and linking to your site so you can easily gauge the interest. If you message me with your email, I'd be happy to send you the information directly from the site that way  you get a free 60 day trial, my friend recommended it to me and within 8 days I had signed on, I loved it so much.
Dawn

Beauty is my business * Me and my Why

BizNurse
by on Jul. 15, 2007 at 5:27 PM
Dawn, I'm looking at a couple newsletter programs, but I'd love to see yours....

My email is biznurse@satx.rr.com

I did one for AGES on Health and the Dangers of Household Cleaners, but I no longer have the programs I did that in...

Linda/CMAS, BS, RN aka "BizNurse" aka SAH "MOM"


dawnjones
by on Jul. 15, 2007 at 10:44 PM
I emailed the referral link to you. Thanks, Dawn

Beauty is my business * Me and my Why

rhymes-rattles
by on Jul. 15, 2007 at 11:05 PM
I have a blogsite @ http://www.rhymesandrattles.wordpress.com. I usually update my blogsite every 2 weeks if time permits. Could a subscriber subscribing to a blog considered to be a newsletter? I am not too sure how to set up a proper newsletter. Help needed.....

parrothead
by on Jul. 19, 2007 at 9:16 PM

I send my customers newsletters with product testimonies, product "recipes" and ideas, new product launches and gift ideas...twice a month.  This also serves as a shopping reminder, too.

I always make sure to give them a big thank you for continuing to be my customer!  And, my business builders duplicate my efforts which is great, too.

I have seen constant comment, is that the company you are talking about?


:)Debbie


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