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5
STEPS TO A WINNING RETAIL MARKETING CAMPAIGN
STEP 2: TARGET THE "RIGHT"
CUSTOMERS
1. SEGMENT BY PROFITABILITY
Your mid-tier customers are poised to become your store's
greatest fans. How do you figure out who they are? Here's
how Julia could do it:
The old-fashioned way. Julia could look at receipts from the
past three months and determine who is buying her most
profitable products, who is spending the most money per
month, and how often these customers buy, retail consultant
Dan King says.
"She [could do] it the old-fashioned way by looking at
receipts," he explained. "She could also put this
information into an [Microsoft Office] Excel spreadsheet."
The new, automated way. "With Microsoft Business Solutions
Retail Management System, you can mine for that information
about your customers with certain filter criteria, and, with
a touch of a button, you've got accurate up-to-date
information," King explains. "You could target these
mid-tier customers, or any other specific segment, quickly
with this automated solution."
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Click
the screenshot on the left to take a look at the
customer information you can receive with the help
of Microsoft Retail
Management System. |
2. REVIEW THE DATA
Check your information to make sure you have the right list
of people. This verification is an important step to take
before you launch your marketing effort.
3. DEVELOP A CONTACT LIST
Once Julia has her mid-tier customer list, she can complete
a spreadsheet with the following information:
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Home or Business Address |
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Home or Business Phone Number |
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E-mail Address |
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Product Preferences |
Introduction
Step 1: Gather
customer information
Step 2: Target the "right" customers
Step 3: Create effective communication
Step 4: Host an event
Step 5: Follow up with guests |