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Alex Goumakos CPA of Gold Mine Tactics, invites you to reprint this article in your print publication, ezine, or on your website. This is a Free-Reprint article. The only requirements for publishing this article are:

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    Thank you for adhering to these four very simple rules.
    How To Turn One-Shot Customers into Lifelong Profits
    Copyright 2004, Alex Goumakos CPA

    If you want your business to grow exponentially--that is, 
    quickly-- focus on acquiring repeat and referral customers 
    by using the Individual Approach. 
    
    Too many small business owners inadvertently chase the 
    business equivalent of a one-night stand by not connecting 
    with customers on a personal basis. As a result, many of 
    them don't get the growth and profits they should. 
    
    Using the Individual Approach couldn't be easier. You simply 
    treat all current and prospective customers with sincerity, 
    respect and dignity. It means getting to know each of 
    them--if possible--on a personal and emotional level.  
    
    While this may at first glance appear unrealistic or even 
    unprofessional in many circumstances--such as small business 
    owners who deal with larger corporate clients--keep in mind 
    that most people frequently use subconscious factors when 
    making business decisions. 
    
    It's no secret that people are attracted to others like 
    themselves or to those who make them feel needed, 
    appreciated and comfortable.  
    
    And it's also no secret that successful business owners 
    aren't necessarily the ones with the best product or service 
    or the best price. More often than not, they're the ones who 
    have the best rapport with their customers. 
    
    Most of the highly successful business owners I know use the 
    Individual Approach with outstanding success. From the 
    moment you meet them, you feel warmth, compassion and a 
    sense of belonging. You feel so good about dealing with them 
    that you will buy from them over and over again and you'll 
    tell others to do the same. 
    
    The fact is, if your price and product is the same or only 
    marginally better than your competition's, you will 
    someday--if not already--lose sales to a competitor who is 
    using the Individual Approach. That's because given a range 
    of equal or similar choices, customers will gravitate to the 
    business who they can connect to on an emotional level.  
    
    I once had a client in the advertising business. This agency 
    had a couple of really talented artists and copywriters 
    whose work was absolutely fantastic. They were clever, 
    intelligent and had, I felt, a lot of brilliant ideas. But 
    they ended up going out of business. Can you guess why? 
    
    Among other reasons, they never used the Individual 
    Approach. Yes they were talented and smart, but they never 
    really hit it off on a personal level with their 
    clients. Their great ideas frequently took a back seat to 
    their aloofness and condescending attitude towards clients. 
    How do I know? Because many of their clients were my clients 
    too.  
    
    You see, if you don't establish rapport with your customers, 
    there's no incentive for them to remain loyal. And if 
    customers don't have an emotional or personal reason to stay 
    with you, they'll be easy prey for a competitor with a lower 
    price, a dazzling ad or a captivating sales pitch. 
    
    If you want customers to remain customers, use the 
    Individual Approach on them. Once your customers get a taste 
    of it, they'll find it hard to do business elsewhere.  
    
    STRATEGIES FOR USING AND LEVERAGING THE INDIVIDUAL APPROACH:
    
    --->DEAL WITH CUSTOMERS ON A PERSONAL LEVEL. Acknowledge
    customers by first name if possible. Act genuinely 
    interested and happy when you see them. Talk about THEIR 
    family, THEIR job or THEIR business. If you don't have the 
    type of business where you meet customers face-to-face, call 
    them or write a personal note instead. Be creative and don't 
    forget to use the power of the Internet to stay in contact 
    with and solidify your business relationships. 
    
    --->CREATE AN 'IN-FUN' ENVIRONMENT. People naturally like to
    have fun and be entertained. Why not capitalize on this fact 
    of human nature and create a fun and compelling buying 
    atmosphere? Of course, not every business is suited for this 
    type of environment, but if you can make things lively and 
    interesting--go for it. In the end, you'll attract many more 
    repeat and referral customers.  
    
    --->SHOW COMPASSION AND CARING. Your customers are human beings
    just like you. They have concerns, desires and needs. Maybe 
    they had a sick child this morning. Maybe one of their 
    parents is terminally ill or stricken with Alzheimer's. Be 
    nice to them. Show them you care with a special note, gift 
    or card. 
    
    --->FIRE A SALVO ACROSS THE BOW OF A BIGGER COMPETITOR. The
    Individual Approach is a great way to compete against larger 
    competitors or the major chains. You could, for example, 
    position yourself as the--courteous and knowledgeable local 
    store owner who offers personal attention. Although the big 
    chains may always manage to take customers away from you, 
    there will always be a significant market of people who like 
    to patronize local merchants offering value, service and 
    personal attention.  
    
    --->MAKE AFTER-THE-SALE-CONTACT. Contacting a customer after the
    sale is a powerful way to use the Individual Approach. It 
    builds repeat business, rapport and goodwill. It's also a 
    very easy and inexpensive way to find out what's potentially 
    wrong with your product or service. 
    
    --->TRAIN EMPLOYEES INCESSANTLY. If employees are the first
    people to make contact with your customers, you must train 
    them on using the Individual Approach. Never assume that an 
    employee will treat your customers the way you want them 
    treated. Remember that employees don't have the same stake 
    in your business as you do. While you might overlook an 
    unreasonable client because of their valued business, an 
    employee might not - especially if they're having a bad day. 
     
    
    If you want to learn additional ways to attract business and 
    increase profits using highly effective goldmine business 
    strategies, sign up for my complimentary insider ezine at 
    http://www.goldminetactics.com/subscribe.htm 
    
    In today's ultra competitive business climate, creating 
    loyalty among customers is of critical importance. For 
    maximum business growth and profits, focus on using the 
    Individual Approach at every opportunity.   
    

    Alex Goumakos CPA publishes Gold Mine TacticsR, the e-zine that reveals the strategies used by highly successful entrepreneurs to increase profits, pay less tax and build wealth. Stop by and grab a complimentary subscription. http://www.goldminetactics.com




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