Most businesses I speak to never consider the backend work that must take place in order to MAKE a Groupon campaign successful. In fact, this applies to more than just Groupon. This can be anywhere you advertise. I only use Groupon because they have been in the news and in such a poor light.
Hopefully I'll do them a little PR justice.
and I have no reason or benefit to say good things about Groupon. I do not use them really for anything personally, however I do see on my side of marketing that they are an effective place to build email lists.
I wanted to discuss this week why Groupon works for some and not for others and how you can MAKE it work for you. (or any advertising you may do that gets a RESPONSE, even facebook)
I think there is a common thread amongst both sides. The businesses who SUCCEED capture customer data AND implement it, while the other side either doesn’t capture that data OR just never implements it.
Example:
If I am a woman driving 10 miles out of my way to get a cheap massage, the question you must answer as a business is, is this woman driving EVERY weekend to get a cheap massage at the recent Groupon offer? OR is this person out treating themselves at an affordable cost? Or something else?
As a business, we need to know how to tell these differences. A simple questionnaire would indicate to us which side that person is on or where in between.
You see, we want to distinguish customers by their consumer behavior. Why? That’s the easiest thing to tell because WE ALL KNOW PEOPLE. We know if this is a person that is serious or just shopping around. Either way, you lose your message the minute they leave your store unless a committed connection was made. Commitment would be the customer giving you information in exchange for a nice discount. (the least they could do for a Groupon offer)
As discussed last week about email marketing, we need to start list building. I came today to tell you that I love Groupon and ANYTHING that allows my clients to obtain email addresses. And to be straightforward here- they know they aren’t getting rich giving 80% off their massages (preparation). That’s 80% off of their hourly rate, 80% of the company revenue for that day. 80% more questions at 2nd visit (if there is one) for a better rate!lol
This is where businesses fail with Groupon
The relationship stops. They come in and buy the service or product and never come back. They don’t come back for several reasons.
1- 1- You just met a “Groupie”- someone who will be willing to drive to Kentucky if it means ½ off a message.
2- 2- No data or customer behavior information was collected at the first visit…now the ONLY visit!
3-
3- No ONGOING and TARGETED effort to bring back these folks…even the Groupies!
How to Adapt:
Develop the questionnaire: Things they like and have interest in. Make it fun and interactive. You’ll find that after several weeks and months of this process, you’ll see your open rates increase, you’ll see other statistics improve and best of all, you’ll see REVENUE generated by keeping in touch and visits.
If you’re not collecting this data, then you're not selling at your full potential. NOT EVEN CLOSE. Now is as good time as any to start building lists.
with the knowledge you get from each customer questionnaire, you are LOWERING your ROI costs and any advertising costs. See how just a little preparation can go so far? You can literally change the way customers walk in your door and CHANGE THE BOTTOM LINE. That's powerful
Email Marketing powered by StreamSend
I recommend to anyone in need of an email marketing program to look at StreamSend . I use them for everything I do.
If you do not use this SUPER BASIC technology, you may want to sit back in your chair right now and strongly consider it.
I have a personal relationship with StreamSend, so as they said in the movie Goodfellas, "I'm going to make you an offer you can't refuse"....
The first 50 people to buy StreamSend through me, I will personally write and craft your business questionnaire. What this means is that I will create the questions that are going to elicit crucial data from your customers that will solidify the relationship and make you the most money. Meaning, you will generate revenue from the questionnaire alone.
…and of course, you’ll have StreamSend to strategically record, manage and interact with your data. Fitting isn’t it!? (its 20 bucks a month)
here’s your chance to have me...at the Groupon costs! (also quite fitting)
Just don't consider me a "Groupie"!!
If you really have any doubt in my assessment, do the FREE trial for a month and I'll say I told yah so! here’s your chance to have me...at the Groupon costs! (also quite fitting)
Just don't consider me a "Groupie"!!
**Notice: Remember, you can link your StreamSend email database into your website and other places online which will automatically put the customers email in to your database with their name!....pretty far out man! lol ...Also, StreamSend enables you to import and use multiple lists for e-mail campaigns.
Please do not keep me a secret. My business is in consulting, but from time to time I'll make suggestions on products and tools that I use and believe in. Sometimes I get a commission, sometimes I don't.
Next week: Next week I'm going to discuss how to use your email lists to do FREE search engine optimization. Some people pay thousands of dollars to be at #1 on Google...I'm going to get you there for FREE next week. SendStream will be important for my lesson (you'll see why), SO GO GET IT!
Matthew Geiger
Hudson-West Media Group
New York - Los Angeles
matthewjgeiger2@gmail.com
Business/Consulting Inquires: (213) 375-7650
Matthew Geiger
Hudson-West Media Group
New York - Los Angeles
matthewjgeiger2@gmail.com
Business/Consulting Inquires: (213) 375-7650
