Grow Your Tire Shop Business FAST with this Simple, Tried and Tested Technique

Small-time tire shop business becoming huge success stories in a matter of months – you’ve probably seen examples from the Internet or the television.

Every business owner is thinking the same thing:

“How could I possibly grow my business FAST without spending a lot of money on expensive ads and gimmicks?”

The answer could be as simple as a CRM application that enables business owners to keep track of its customers and communicate with them through follow ups and updates at an automated or perfectly timed intervals.  

Small Business Dream takes your tire shop business to the next level by keeping your customers actively engaged with your business in more ways than one.

The concept is very simple.

Small Business Dream enables you to:

  • keep tabs of your customer records all in one place
  • communicate with your customers consistently through an efficient follow-up system
  • use an effective content marketing strategy to promote your business
  • acquire new customers and high quality leads through the sales funnel
  • collect information through customer surveys to help improve your business

Let’s see how Small Business Dream can make a difference on how your tire business works from a day to day perspective.

 

Tire Change/Replacement

It’s late autumn, and you want to know how much winter tires you’re going to need for the icy months – just when the demand for winter tires starts mounting. Small Business Dream’s Survey Creator, helps you make an accurate estimate on the quantity, size, and makes to store in your shop weeks ahead by collecting these information from your regular customers or online visitors in exchange for discounts or exclusive privileges.

 

Tire Rotation and Balance

Educate your customers about the importance of rotating their tires (swapping tire placement) every once in a while and keeping it perfectly balanced to improve their longevity and driver safety. This, along with other useful information can be a part of your monthly newsletter via Small Business Dream’s online auto-responders or drip email campaign to keep your customers actively engaged and open more opportunities for conversions and repeat customers.

 

Tire repair/patching

What if a customer comes by with a punctured tire and just wants it patched as soon as possible. Opportunity? You bet it is! Here’s the deal. While waiting for their tire to get patched up, have them fill up a short survey on your tablet or notepad and leave their contact details in exchange for discounts or inexpensive giveaways.

 

Customer data for just a few bucks a month. Sounds like a perfect deal.

It’s amazing how a simple CRM app like Small Business Dream can do so much for your tire shop business with just a little bit of creativity and by thinking outside the box.

The Importance of Follow-up in Converting Leads to Sales

I just wanted to share some thoughts I had the other day about the importance of follow-up as I was going through Small Business Dream and doing all my follow up calls for my software company. I started to think about follow-up and how important it is. I had a customer come on board that has been on my drip follow-up for 12 years!

He bought every other kind of solution he could, while avoiding the main thing we sell. He had every excuse in the book to not be ready every time I called. That’s right. I called and called without any judgement; I just called if he came up on my call list in Small Business Dream. In addition, my email autoresponders kept dripping on him with high quality information about his software problems and how we could help.

I reached out probably twice a year because my Small Business Dream told me to and I talked to him by voice. Yep, you got it — BY VOICE! I helped him with his issues. I counselled him.

When he finally bought, he said, “Dennis, I wouldn’t even consider looking at anyone else because you’ve been there for 12 years giving me free information, helping me along my way and never getting the sale. Well, now you got the sale. If you’re that good before you got money, I can’t even imagine how great it’s going to be to work with you.”

Twelve years of follow-up got me a sale. It wasn’t hard, I simply let Small Business Dream remind me when to call or drip out pre-written helpful content. Eighty percent was purely educational while 20% was more about my software company and how we can help.

I started to wonder how many people follow-up for 12 years. How many people have a system that allows them to know, when they get a new customer, the first contact was made 12 years ago? This is the kind of thing Small Business Dream can do for anybody.

If you have everything working together seamlessly — email autoresponders, semi-automated follow-up through social media, phone call logs — you can become a follow-up pro and significantly increase your productivity.

I waited 12 years. But this was a $30,000 sale. Was it worth waiting 12 years? Hey, I would have loved if it only took 2, but on the other hand, 12 years later, there’s a $30,000 sale because Small Business Dream kept me on top of my follow-up and I didn’t pre-judge and I didn’t say, “Oh he’s never gonna buy, I’m going to stop following up.”

I doubt if I’d spent 1 hour of time per year following up by phone call for 12 years. I probably spent 4 hours in the first year, so a total of 15 hours of work? If a salesperson had made this sale for me, just how happy would they be… 12% commission on $30,000 = $3600. Divide that by 15 hours… $240/hour. Hmmmm. Not bad… Annualize that… $499,200/year. Nice!

I just followed the process until he either bought or said no. He always told me, you know maybe someday… we’re just not ready… maybe someday… we’re just not ready… we’re gonna try this… we’re gonna try that… I don’t think we’re ready… I don’t think we’re ready… He never said, no I’m not interested. I kept following up because my system reminded me. I did it without much thought, without any kind of hesitation or reservation. I don’t prejudge and made $30,000.

Anybody can do this with Small Business Dream. All it takes is following the system and trusting that it works.

Simple Ways to Integrate Permission Marketing Into Marketing Automation

 Marketing automation is at the core of almost every online business today, and should also be a key strategy in more traditional businesses as well.

As a cost-effective way to reach out potential customers, this strategy has proved time and again that anyone – with sufficient knowledge, tools, and skill sets – can have a fair chance to compete with other businesses worldwide.

However, even the most innovative online strategy has a downside. For years, marketing automation has become the subject of misuse among online marketers who pitched automation as a way of turning businesses into online ‘cash machines’ without ever spending time and effort with potential customers. It made marketing automation synonymous to spamming.

Faced with more stringent rules regarding customer engagement and increased customer awareness, online marketers are back to the drawing board on how they could use automation to deliver the same results back in its heyday, or even better.

Why a Change of Strategy is Necessary

When marketing automation was at its peak, many believed that as long as you were able to make tons of content and send a relentless barrage of emails to practically any person on earth that has an email address, sooner or later people would respond to your call and generate income for your business.

The idea comes from the analogy of shooting as many arrows as you can, hoping that one or two will eventually land on their target out of mere chance (known as the ‘spray and pray’ method). Although some businesses use this method effectively, it usually comes at a price.

For one thing, marketers who rely heavily on conventional marketing automation are putting their businesses at risk by sending unsolicited emails to people whose contact information were sourced from a third-party data supplier.

This method obviously won’t work, since most emails have already built defenses against spamming. CAN-SPAM Act will also make these marketers think twice about ever using this method again.

Aside from bordering unlawful marketing practices, it tends to yield diminishing returns over time as contacts starts falling off and fewer people become available to them. It usually guarantees a one-time success with little or no regard for ongoing customer relationship and repeat purchases.

Staying relevant with the customers is almost impossible to attain with conventional marketing automation. Usually, what happens is that companies will send every content that they have on a particular niche to people in their massive list of contacts, hoping to strike a chord with just one or two articles sent to them in rapid succession. It’s essentially a ‘hit-or-miss’ strategy.

As customer engagement comes close to non-existent, they would eventually lose their ship, and no amount of automation can save it from sinking to the bottom.

The question now is whether marketing automation can still be a viable option to speed up the process and boost sales despite its shortcomings in customer engagement.

A Step towards Permission Marketing

Permission marketing was coined by marketing expert Seth Godin to denote marketing strategies that rely on customer feedback, i.e., permission, to initiate ongoing customer relationship and interaction which allows them to receive updates and follow-ups on demand.

Unlike traditional outbound marketing, which he appropriately calls ‘interruption marketing’, permission marketing spares people the trouble of going through the ordeal of being constantly bombarded with marketing pitches. It gives them more freedom and control over the situation and encourages them to either share more about their interests and other key information about themselves, or turn into buying customers.

Others tend to view permission marketing as the antithesis of marketing automation because it’s more involved and requires frequent human interaction. The fact is, permission marketing needs a starting point, and that involves automation.

Sign-up forms via landing pages, which may also include opt-in to newsletters or social media posts, are just a few classic examples on how to initiate permission marketing.

Still others believe that permission marketing is a little too slow compared to marketing automation aside from the fact that it gives too much freedom to potential customers to take action whenever they want to. They aim for quick, albeit short-lived gains, instead of nurturing previous and current customers for long-term, sustainable income.

In the final analysis, those who relied on one-time customer engagements end up losing more money looking for new prospects while those who took their time watering and growing their customer base could increase revenue exponentially through updates, follow-ups, customer referrals, crossing-selling, up-selling, and repeat purchases.

The Smart Way to Automate

Marketing automation platforms can only do so well when it comes to tasks which could be reasonably accomplished through automation. Some aspects of marketing are best performed through human interaction which cannot be copied or supplanted by automated means.

Read: Digital and Physical Customer Engagement, and Why You Need Both

Keep these in mind when using marketing automation to attract and maintain customers for your business:

  • Open up multiple channels to collect customer information.

Inbound marketing has proven its effectiveness over outbound marketing by emphasizing customer awareness.

Opening up multiple channels of customer engagement maximizes your chances of getting in touch with them. This includes setting up a blog, website, landing page, and social media account, to name a few.

Your marketing automation platform can be seamlessly integrated to all these channels to collect, store, and analyze customer information for you after signing up to your mailing list or subscribe for a free newsletter. Marketing automation shines best at this stage of customer engagement.

  • Dissect your sales pipeline to see which approach works best in every stage. In case you haven’t noticed this part has been alluded to in the previous item.

The first stage, which involves data collection and storage, is best accomplished with marketing automation.

Following up, which is the next stage, involves a combination of both permission marketing and marketing automation.

When trying to learn more about your leads, you can revert back to automation to, once again, collect relevant information about them and analyze whether or not they could be qualified as potential customers. The marketing team would then assign the lead scores, start with the sales process, and close the deal.

  • Use email segmentation and the buyer persona to guide your marketing effort. These marketing strategies allow you to narrow down your target audience and zero them in with pinpoint accuracy. It takes time and effort creating relevant content based on different segments and customer behavior.

The easiest way to fail in any kind of marketing strategy is to use the same cut-and-dried content across all contacts and send them out at a robotic pace, one email after another.

You need to customize your content according to the different segments in your email list and provide an option for a follow-up or additional information about the topic.

When deciding for the most appropriate product or service for a certain group of customers, you can refer to your buyer persona as your guide.

  •  Choose a marketing automation platform that works for you. A good marketing automation platform often comes at a price.

However, most companies offer different versions of their product ranging from the most basic ones at no cost, to premium offerings with a complete suite of tools at about a hundred to two hundred dollars per month.

Marketing automation can still be as powerful as any marketing strategy if you can put other elements into the mix such as permission marketing to interact with your potential customers and collect your data about your target market.

Creating a Detailed Buyer Persona to Guide Your Marketing Efforts

Businesses are always upgrading their strategies to increase ROI. The buyer persona epitomizes their constant efforts to stay relevant with their customers by creating an idealized customer to guide their marketing efforts.

The shift from generalized, stereotypical advertising to individualized customer engagement is one the most important milestones that changed the way companies and businesses market themselves to world.

 

Buyer Persona vs. Stereotype

Buyer persona is coined from the word ‘persona’, often associated with psychology and literature. When applied to business, it means an ideal customer with the most desirable traits suitable for marketing.

This ‘model customer’ serves as the basis for the company’s design, production, and marketing efforts from which they can generate income. Different industries can have several buyer personas, each having unique, individual characteristics that mirror their real-life equivalents.

A common misconception about the buyer persona is the old practice of stereotyping customers popular among traditional businesses. They would try to fit every customer into a category based on assumptions and generalizations.

The fundamental difference between a buyer persona and a stereotype is the understanding of the circumstances that revolve around the customer – his work, lifestyle, education, hobbies, expertise, expectations, buying habits, etc.

A stereotype barely scratches the surface and provides an incomplete picture of your target market, while a buyer persona goes deeper by creating a life-like representation of your ideal customers based on facts and research.

 

The Buyer Persona’s Role in Business

Marketing efforts gravitate on the customer’s ever-changing needs embodied by the buyer persona. Without a proper understanding of the customers, all efforts from production, marketing, and sales are irrelevant.

A well-researched buyer persona protects their investments by guiding them on what products or services – with their many variants and slight nuances – to provide their customers and how they can successfully market them across different channels.

 

Creating a Buyer Persona

The first step in creating an all-inclusive buyer persona is to collect every available information from customers through research, surveys and interviews .

Sources include demographic information of a particular area, CRM data, emails, social media, and Google Analytics. These data will serve as the building blocks of the ideal customer’s ‘DNA’.

Coming up with an accurate representation of the ideal costumer takes time. In some instances, it is necessary to create two or more personas if data points to more than just one type of customer.

 

What to Include

Business firms compile different information from various sources and creates a unified picture of their imaginary customer. The following information will help you throughout the process.

Demographic information
•   Age bracket
•   Gender
•   Country/Nationality
•   Language

Personal information
•    Educational attainment
•    Profession/Occupation
•    Civil Status
•    Income Level

Customer information
•   Buying History
•   Buying Motivation
•   Buying Preference
•   Average Spending

Specific Skills and Interests

Acquiring firsthand information can take time because it involves actual conversation with people and encouraging them to participate in surveys.

Social networking sites like Facebook and Twitter is a treasure trove when it comes to personal information, skills, and interests about your customers. Some companies collect information about their fans and followers as part of their marketing strategy.

If your company doesn’t have a Facebook or Twitter account, consider social media marketing as a way of gathering relevant information about your target market.

You can also learn about their specific interests through your landing pages and opt-in subscriptions to your weekly or monthly newsletters. These data can be acquired more easily using ‘call to action’ (CTA) links or buttons within the page or email.

When it comes to customer records of previous and current customers, nothing comes close to CRM customer data because it allows businesses to stay up-to-date with its constant supply of data from day to day transactions.

 

Look for the Right CRM Service to Guide You

Small Business Dream offers a suite of tools which include customer acquisition, sales funnel, and sales and marketing automation for small business owners like you.

Learn more on how Small Business Dream can help you with your marketing efforts by visiting our website at www.smallbizdream.com.

Digital and Physical Customer Engagement, and Why We Need Both

The Internet’s rise to power in the late 90s  has changed the way businesses interact with customers in an unprecedented way. Online stores and e-commerce websites started a new trend in customer engagement which enabled all kinds of businesses to link up with customers worldwide.

It leveled the playing field between small businesses and large companies by introducing automation and digital customer engagement which replaces many of their routine tasks, and lessened the impact of promotion expenses by harnessing the power of the World Wide Web.

This begs the question whether or not this movement would replace the human aspect of customer engagement. Is it possible for all businesses to be run entirely with automation in the near future?

 

Pros and Cons

To answer this, we need to look at the possible outcomes of using just one method of customer engagement.

Consider the following pros and cons of relying solely to one method of customer engagement:

 

PHYSICAL CUSTOMER ENGAGEMENT

Pros

The ability to communicate with customers on a deeper level. This can be accomplished personally, over the phone, or online.

Businesses interact with their clients in a meaningful way, providing answers to specific questions, issues, and concerns.

Cons

A high volume of customers could also mean hiring additional personnel to improve service. This translates to higher costs in running the business (hiring, training, employee benefits, etc.).

Slow response compared to digital customer engagement. Everything is basically a one-on-one engagement.

DIGITAL CUSTOMER ENGAGEMENT

Pros

Repetitive and time consuming tasks are accomplished quickly and easily through automation and CRM tools and applications.

Highly efficient and scalable. Businesses can accommodate a growing number of customers and adapt to their needs without having to hire additional personnel. This translates to lower operational costs and a better chance to compete in the marketplace.

Cons

It requires some experience and technical know-hows of customer relationship management.

Tends to be ‘robotic’ because it lacks the human aspect of customer engagement.

 

As it turns out, ‘digitizing’ customer engagement is not everything. There are certain aspects of customer relationship that could never be replaced by complex machines and IT services. By the same token, relying only to physical customer engagement will yield an equally unpleasant result.

 

Avoid Both Extremes

Relying on just one mode of customer engagement is a recipe for disaster. There has to be a delicate balance between the two and  they should be used to complement each other.

There are many examples of companies that suffered enormously because of their inability to adapt to the changing trends, particularly with the way they interact with customers.

Tower Records is one example of a business empire that succumbed to the Internet’s rise to power. Online music stores slowly ate up their dwindling customer base until its eventual collapse in 2006.

A post-mortem analysis showed that they failed to anticipate the emergence of online stores like iTunes which sold digital music and music files at a cheaper price. Tower Records overstretched their resources in physical stores and outlets and was unable to come up with a digital alternative in response to the customer’s changing needs.

On the other end of the spectrum, Sears Holdings did the exact opposite with the same catastrophic results. Most of its resources had been used up for e-commerce and other online ventures and left a small portion to its brick-and-mortar business.

As a result, other companies took up that space and the company had lost a substantial market share to its competitors. In seven years time, stock price had gone down by 75%.

 

We Need Both to Succeed

A perfect blend of digital and physical customer engagement is the key to become a successful business in a highly competitive environment. Whatever shortcomings digital customer engagement has are completely wiped out by its physical counterpart, and vice versa.

To learn more on how you can incorporate the digital aspect of customer interaction to your brick-and-mortar store, visit our website at www.smallbizdream.com and learn how you can grow your business with our suite of tools designed for small business owners like you.