Business Networking  header image
   
 

Business Networking With Previous Customers

Your previous customers are a valuable asset for your future business. Every new customer is someone with whom you must network with in the future, to keep them aware of your products and services and to use them as your brand ambassadors. These are the walking, talking billboards that bring in more business to you. The future of your business depends on repeat customers and referral customers, both of whom are vital to the ongoing relationship of your business, the customer and your business environment.

 

How can you establish this relationship with previous customers?

You can network with your customers whether they are online or offline. A simple letter or email can do the trick. Inquire about their day, address them by their name, tell them that you will continue to chat with them when they have time. Talk to them about their purchases or the services you have done for them. Check if they are satisfied, if they have any suggestions for improvement whether in products, prices, process or the service as a whole.

Arrange business lunches with your large clients to give them a special treat or arrange a special delivery for them at home. When you acknowledge their importance, the large clients always remember you. They will talk positively about you, tell their friends and business associates about your special treatment to them and how they feel about your business. This is obviously not applicable to all types of business but with most large buyers who spend thousands of dollars, this approach definitely helps.

The online business, on the other hand, will involve the use of newsletters, ezines, emails and coupons sent to previous customers as a method of business networking and refreshing your contact with the previous customers. Keeping your lines of communication open with existing customers and previous customers will increase the awareness of your products and the entire range of your offerings. This will result in increased sales, one repeat customer at a time.

Acquiring a new customer is much costlier than servicing an existing customer. Hence don't ever forget your existing and previous customers. They are already aware of your products hence are easier to sell to. As a process, you can create mailing lists, both in offline and online business models. You start with saying that the customer had purchased your product or availed of one of your services and that you now have a great advantageous offer for them at a special price. Agreed, this is advertising, but it is networking at the same time because you already have an established relationship with that customer or group of customers.

It just makes good business sense to continue business networking with those customers you already have or had previously since they are already familiar with your product or service and have a good chance of being repeat buyers.

In tough times, bartering boosts small businesses' bottom line - Orlando Sentinel


In tough times, bartering boosts small businesses' bottom line
Orlando Sentinel, FL - Jan 3, 2009
Then instead of paying and receiving cash, they use a currency called "trade dollars" when doing business with other Florida Barter members. ...

Read more...


Businesses benefit from barter, too - Connecticut Post


Businesses benefit from barter, too
Connecticut Post, CT - Dec 16, 2008
Though barter organizations have thrived for years, officials at both Business Network, Inc. and ITEX said they've experience increased interest in light of ...

Read more...


Did You Know? Bartering Still Happens Today - KTVN


Did You Know? Bartering Still Happens Today
KTVN, NV - Jan 2, 2009
"We promote businesses to our, to the members within our network and then with that we hope that it not only brings you trade or barter business, ...

Read more...


Local entrepreneurs doing business the old fashioned way - Beaufort Gazette


Local entrepreneurs doing business the old fashioned way
Beaufort Gazette, SC - Dec 25, 2008
"The main thing for us is exposure," Knight said of her decision to join a barter network. "Even if someone comes in, we feed them and they pay with a gift ...

Read more...


With cash hard to come by, bartering is up - Crain's Chicago Business


Crain's Chicago Business

With cash hard to come by, bartering is up
Crain's Chicago Business, IL - Jan 3, 2009
With the economy in recession, companies and individuals are increasingly doing business using the oldest form of financing: barter. ...

Read more...


 
 
 

Warning: fopen(http://xml.amazon.com/onca/xml3?KeywordSearch=Business+Networking+&dev-t=D2WMCOIPS9D14E&f=xml&locale=us&mode=books&page=1&t=mpaetzoldcom-20&type=lite) [function.fopen]: failed to open stream: HTTP request failed! HTTP/1.1 410 Gone in /home/fat2fiti/public_html/ad-sensible/includes/amazon.php on line 232
can't get data from Amazon.