6 Powerful Ways to Win Back Your Former Customers

6 Powerful Ways to Win Back Former Customers
6 Powerful Ways to Win Back Former Customers

I came across a story that I want to start with today. It will give you a humorous way of thinking about the biggest problem you have when it comes to trying to re-engage inactive customers.

Then I will reveal 6 different things you can do to begin wooing your customers back.

A Well-Known Broadway Producer’s Problem

The well-known Broadway producer Jed Harris once became so convinced and worried that he was losing his hearing that he finally went to see a specialist.

The specialist began testing Harris’ hearing.
But he did it in a very unconventional way.

He pulled out a gold watch and asked Harris, “Can you hear this ticking?
“Of course,” Harris replied.

The specialist then walked to the door and asked the same question again.
Harris concentrated for a second and then answered, “Yes, I can hear it clearly.”

Then the doctor walked into the next room and repeated the question a third time.
Surprisingly, Harris said he could hear the ticking.

Mr. Harris,” the doctor concluded, “there is nothing wrong with your hearing. You just don’t listen.

The Biggest Problem You Face

I tell you that story because the biggest problem that you’re going to face in trying to re-engage your former customer is getting them to listen to you again.

Because the odds are pretty good that if they stopped purchasing from you, they probably also have stopped listening to your regular communication through email and/or direct mail.

That means that if you want to win them back, you’re going to have to do something different to get their attention.

To help you with that, I’m going to reveal six things below that you can do to capture their attention, get them listening, and encourage them to become an active customer again.

6 Powerful Ways to Win Back Former Customers

IMPORTANT: Please pay close attention to the specific order that I’m presetting these to you.

Why? I’ve listed them in this order to show you the sequential order you should take in applying these things. In other words, you should try 1-3 before trying 5-6.

With that out of the way, let’s take a look at them:

1 Share testimonials from other successful customers or clients – One of the reasons that customers stop purchasing from you is because they stop believing that you or your product/service can actually help them.

Sharing detailed testimonials from satisfied customers explaining how you/your product helped them can help overcome their doubts.

2. Share case studies of how your product or service helped a customer to succeed – This is another way to help them overcome their doubt that you or your product/service can help them.

But by sharing case studies, you’re doing something more. You are giving them a more in-depth view of the success that other customers have experienced.

Not only that, case studies usually provide some lessons that your inactive customer can relate to and also learn from.

That’s what makes case studies an even more powerful way to attract these former customers.

3. Make them a special discounted or bonus offer if they come back – A very effective way to re-engage previous customers is by making them a special offer.

It could be a special discount that you normally don’t offer, or it could be a special bonus that they get if they purchase from you again. (Important: Make sure that either of these offers has a time limit so that you create urgency.)

Don’t worry about the money you’ll lose by offering them a discount or the money it’ll cost you to provide the bonus.

Instead, focus on the amount of money it would cost you to gain a new customer and/or the amount of profit you will gain from this customer if they become a regular customer again.

4. Offer them special customer service or training to help them succeed – Another reason your customer might have stopped purchasing from you is because they didn’t know how to use your product effectively in order to produce the result(s) they wanted.

In case that’s the reason they didn’t take your special offer (mentioned above), you should try offering them some kind of extra help or training that will help them to achieve their goals.

A simple offer like this could be all it takes to convert a former customer into a committed customer.

5. Make them a downsell offer – After you’ve tried all of the above ways to attract your former customer back to you, and haven’t had success, you should try offering them a downsell offer.

If they haven’t shown interest in the product/service you’ve been offering them, it could mean that they stopped purchasing from you due to a lack of finances. They might just not have the funds right now or anymore.

That’s why offering them a lesser product/service (that, therefore, costs less) might be just the thing that’s needed to get them to purchase from you again.

6. Offer them a completely new or different product or service -If they haven’t responded to any of the above ways to re-engage them, then the final reason that they might not be responding might be that they aren’t interested in that particular product/service (or the end result it provides) anymore.

That means the last option is for you to offer them a completely different product or service – something that solves a completely different problem or pain point or helps them achieve a totally different goal.

There you go. You now have 6 different ways to begin reactivating your inactive customers.

But there’s one last thing you can do to powerfully implement these 6 things.

Combine Them for Maximum Impact

Instead of just using these six things occasionally or randomly, you should consider using them as a part of a coordinated winback campaign designed to strategically reactivate former customers.

To do that, you need to take the 6 ways listed above and use them to create an automated email campaign that you can use to plug your inactive customers into.

Here’s how you can do that:

  • Have the first email that’s programmed to go out be an email focused on recent testimonials you’ve received from successful and happy customers.
  • Have the next email that’s sent out 2-3 days later share an in-depth case study with lessons that your inactive customer can relate to and learn from.
  • A few days later, you can send out an email that has a special offer or special bonus that they’ll receive if they respond within 7-10 days. (NOTE: If they respond to your offer, have your automated email system unsubscribe them from the winback campaign.)
  • If they don’t respond to your special offer or bonus, then schedule an automated email to send out a few days later with your special training offer.
  • If that doesn’t encourage a response, have the next email in the queue set to send them a downsell offer.
  • Lastly, program your final email focused on offering them a totally different product or service.

What if they don’t respond to ANY of these emails?

If they don’t respond to and of your emails, then it’s time to take drastic action.

I’d suggest that you purge them from your lists and add them to a list that you only send occasional updates or offers to.

Why? If you leave them on your regular lists, they could negatively impact your open rates or click-through rates, which could impact your email deliverability.

The Importance of the 11th Marketing Fundamental

Many businesses totally drop the ball when it comes to customers that leave their business.

  • Some don’t even notice when a customer stops purchasing or becomes inactive.
  • Others don’t do anything to try to win customers that they know have stopped purchasing.
  • Finally others, only make a half-hearted effort to winback former customers.

Don’t be like these businesses.
Former or inactive customers are a source of revenue that could really make the difference in your company succeeding or failing. They deserve your full attention and effort.

Read back over the five articles focused on the 11th marketing fundamental.
But do yourself a favor. Don’t just read them. Apply them.

That’s the only way you’ll see results.

The 12th and Final Marketing Fundamental

It’s hard to believe it, but we’re nearing the end of this series on The 12 Marketing Fundamentals You Need to Succeed.

My next article will begin my final series of articles focused on the 12th marketing fundamental.

Stay tuned. You don’t want to miss them!

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How to Use This 100-Year-Old B2B Re-Engagement Letter (with a 35% Response Rate) for Your Next Winback Email

How to Use This 100 Year Old B2B Re Engagement Letter with a 35 Response Rate for Your Next Winback Email
How to Use This 100 Year Old B2B Re Engagement Letter with a 35 Response Rate for Your Next Winback Email

The right winback email can be an extremely effective way to re-engage inactive customers.

The problem you might be experiencing is trying to figure out how exactly to create that winning winback email.

Well, if that’s you, today you’re in luck.
Because today, I’m going to give you an example you can rewrite and reimagine for your own purposes.

But first, I have a question for you: How many times do you think the same story can be told effectively?

The answer just might surprise you.
Plus, understanding the answer will show you the incredible value of the letter you’re about to see.

The Many, Many Adaptations of The Prince and the Pauper

Prince and the Pauper

In 1881, Mark Twain’s novel The Prince and the Pauper was published in Canada.
It was later published in the U.S. in 1882.

Within Twain’s lifetime, the story was adapted into a stage play.
But I don’t think Twain could ever have imagined how popular and long-lasting his story would become.

Believe it or not, over the 141 years since The Prince and the Pauper was first published, it has been adapted 35 times.

The adaptions have ranged from other plays to comic books, films, TV shows, and even video games. Some have been direct or faithful adaptions like the 2000 film of the same name.

Other adaptations have been loose adaptations like the 2011 film Monte Carlo (starring Selena Gomez) or the CGI musical adaption Barbie Princess Adventure (2020).

Why am I talking about The Prince and the Pauper?

Because I want you to see that some themes and types of content have a lasting impact. That means that they can be effectively used over and over again.

That’s good news.

Because that means you don’t have to reinvent the wheel.
All you have to do is reimagine the original theme.

Today, I’m going to show you a letter that one business used 100 years ago to successfully re-engage, or winback, their inactive customers.

The basic theme you’re about to see can easily be used to create your own winback email that can help you to re-engage your inactive customers.

Before I show you the letter, I want you to see the results that this letter got. Why?
Because when you see the results, you’ll be even more convinced to pay close attention to this letter.

The Incredible Results of a 100-Year-Old B2B Winback Letter

The letter was mailed in 1922 to just 425 customers who had stopped buying.
And here are the amazing results that one letter produced:

  • It brought in 32 direct orders amounting to $1,092 ($18,122.13 in 2022).
  • It brought in 15 payments of small past-due accounts totaling $789 ($13,093.74 in 2022).
  • It brought 103 answers from B2B customers saying that they would order more gloves as soon as their stock ran down.
  • That’s already a 35% response rate. But wait, there’s more…
  • 32 said poor business (on their part) was the only reason for not ordering.
  • And they received 9 answers with specific complaints.

That’s amazing, isn’t it?
Are you ready to see the letter itself?

Good. I’ll show it to you and then reveal some lessons that you can learn from it and apply to your own re-engagement email.

The Successful Re-Engagement Letter

Below is the original letter.

See how many lessons you can learn from it before you take a look at the eight lessons that I’m about to reveal to you.

screen shot 2022 02 10 at 2.44.32 pm

8 Lessons You Can Learn from This Letter

Let’s look more closely at the letter and I will point out eight lessons you can learn from it to create your own winning winback email campaign…

====

Gentlemen:

Ever had a good customer suddenly quit buying goods in your store? If so, what did you do?  (LESSON 1: With B2B customers, you can and should start in a way that helps to put them in your shoes.)

You waited until you saw him again and then said, frankly:  “We haven’t seen you in the store lately, Mr. Jones. What is the matter?”

You went at him STRAIGHT FROM THE SHOULDER in an attempt to find the real reason why he quit you.

Then Mr. Jones probably told you EQUALLY FRANKLY his reasons. If his complaint was a just one and you had made a mistake — we’re none of us perfect — you did your level best to make amends.

This  is  just  the  attitude  in  which  I  am  writing YOU  this  morning.  I  can’t  see  you  face  to  face,  but  I can  TALK  with  you.  (LESSON 2: Be upfront and transparent about the purpose of your email.)

We  haven’t  had  an  order  from  you since  last  fall,  and  I  would  certainly  appreciate it  if  you  told  me  “right  out  in  meeting”  WHY  NOT. (LESSON 3: Tell them specifically how long it’s been since they’ve purchased from you.)

If  any  department  of  this  business  has  failed  you, I  want  to  know  it.

The  fact  that  this  business  isn’t  PERFECT is surely not  due  to  any  lack  of  effort  on  our  part,  or because  we  aren’t  trying  to  make  it  so.  (LESSON 4: Admit that you/your business isn’t perfect.)

Every  season finds  us  grown  out  of  last  year’s  clothes  —  literally  so this  year,  when  we  had  to  move  into  larger  quarters.

Every  season  finds  us  selling  better  gloves  and working  harder  WITH  our  customers  to  make  THEIR  sales larger,  cleaner,  and  better. (LESSON 5: Tell your lapsed customers about the new products that you have since they’ve been gone.)

Just  put  yourself  in  my  place  for  a  minute  or  so. Turn  this  sheet  over  NOW,  and  answer  this  letter  as  you would  like  to  have  it  answered  if  you  had  written  it. Don’t  mince  words.  (LESSON 6: Ask for an immediate response.)

Give  it  to  me  “hot  off  the  bat.” Enclosed  is  a  stamped  envelope  to  make  an  answer convenient. (LESSON 7: Provide a link or phone number as a way for them to reply.)

I  am  looking  forward  to  hearing  from  you  with  the keenest  interest.

Very  sincerely,
FRANCIS  T.  SIMMONS  &  COMPANY

P. S.  I  am  enclosing  two  yellow  order  blanks. If,  as  I  sincerely  hope,  nothing  whatever  is  wrong,  and you  have  merely  overlooked  filling  in  your  stock,  these blanks  will  be  an  easy  way  for  you  to  tell  us  your  needs. Any  gloves  that  we  send  you  must  please  you,  your sales  people,  and  your  customers,  or  we  do  not expect  you  to  keep  them.
(LESSON 8: I love this because they’re not afraid to ask for the sale. Remember the great response rate they got and let that give you the boldness and confidence to do the same!)

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Now, it’s your turn.

Take this basic template and add your own twist and style to it.

8 Steps to a Winning Winback Email

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To get you started, I’ve listed the 8 lessons or steps below to make it easier for you to write your winning email to re-engage your former customers.

  1. Start your email in a way that helps to put them in your shoes.
  2. Be upfront and transparent about the purpose of your email.
  3. Tell them specifically how long it’s been since they’ve purchased from you.
  4. Admit that you/your business isn’t perfect.
  5. Tell your lapsed customers about the new products that you have since they’ve been gone.
  6. Ask for an immediate response.
  7. Provide a link or phone number as a way for them to reply.
  8. Don’t be afraid to ask for the sale.

The only thing left for you to do is to come up with the subject line of your email.

(Maybe you could try a shortened version of the first sentence of the letter?
Subject Line: Ever had a good customer suddenly stop buying?)

Can you do me a favor?
If you test this out, I’d love to hear the results you get.

Keep your eye out for my next article. It’s the last article on the 11th marketing fundamental and it will reveal…

6 Powerful Ways to Win Back Former Customers.

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5 Important Questions You Must Answer to Successfully Win Back Customers

5 Important Questions to Answer So You Can Successfully Win Back Past Customers
5 Important Questions to Answer So You Can Successfully Win Back Past Customers

NOTE: Today we’re going to continue looking at the 11th Marketing Fundamental You Need to Succeed in 2022: the need to continually reengage your lost or former customers.

If you really want to win back past customers, you have to begin by asking the right questions.

That way you can get to the root of the problem behind why they stopped doing business with your company. I guess you could call it the straw that broke your customer’s back.”

If you stick with me, I’ll help you discover two things:

  1. The actual, mathematical measurement of the straw that broke the camel’s back. Why not? 🙂
  2. A way to discover what caused your customer to stop purchasing from you so you can win them back.

If that sounds good to you, let’s get started…

The Popular Idiom

The straw that broke the camel’s back.”
I’m sure you’ve heard this phrase before.

It’s used to describe a small or even routine action that suddenly leads to a surprising, negative result.

You might not believe this. But I discovered in an issue of New York Magazine, back in 1978, that a guy named Randy Cohen decided to find out the REAL ANSWER to the question, “How much can a camel actually carry?”

I thought it’d be fun to quickly look at his answer before we look at the root problem you need to uncover to re-engage your former customers.

The Real Straw That Broke the Camel’s Back

camel g1d0cd5c64 1280

Here’s the excerpt from Cohen…

At what point did the straw break the camel’s back?

“In his Treatise on One-Humped Camels in Health and in Disease, A. S. Leese reports that camels can generally carry from 240 up to 1200 pounds–which only ‘the very best animals’ can manage. The record for camel capacity in Australia is 1904 pounds.” 

– Randy Cohen in New York Magazine, 1978

According to Cohen, it sounds like 1200+ pounds is the official, mathematical answer for the actual amount that equals “the straw that broke the camel’s back.”

Now that that’s out of the way, let’s get back to the answer that you really care about.

What’s the straw that broke your customer’s back?
What caused your customer to stop purchasing from you?

5 Important Questions to Answer to Successfully Win Back Past Customers

In order to calculate that answer to what caused them to stop purchasing, you need to ask 5 key questions:

1. When did they stopped purchasing?

If you don’t know the answer to this question, then you can’t begin to trace back what caused them to stop purchasing from you in the first place.

You need to know when this problem began.

2. Why did they stopped purchasing?

Can you discover this from the data that your company collects? Can you find the answer in any contact with your customer service?

If not, you might need to directly ask your question this question.
(*Don’t worry. I’ll show you a way to do that in the next article I have planned for you.)

3. What did they purchase from you in the past and especially what did they purchase from you last?

How long have they been your customer and what is their purchase history?

This information is important to know so that you can determine what made them stop purchasing. It can also be helpful to determine what incentive can get them to come back.

4. How often did they purchased from you in the past?

Were they a frequent or regular customer? Or were they more like an infrequent and random customer?

This is important to know so you know how valuable they were to your company and how much time, effort, and money you should invest to get them back.

You wouldn’t want to spend a lot of time and effort on a customer who didn’t purchase much from you in the first place.

5. Who are they? Demographics, psychographics, etc.

If you’ve determined that they were valuable to company and are important for you to win back, you’re going need to know who they are, what they care about, and what they value.

When you come up with the answers to these 5 questions, you’ll know (or be much closer to knowing) what the straw was that broke their back.

And armed with that information, you’ll be able to focus on winning them back.

In my next article, I’m going to give you a template you can use to directly ask them why they stopped buying from you (question #2 above).

But the source of this template might surprise you.
My next article will be called…

How to Use This 100-Year-Old B2B Re-Engagement Letter (with a 35% Response Rate) for Your Next Winback Email.

The First Two Articles on the 11th Marketing Fundamental

You can read the first two articles focused on the 11th marketing fundamental you need to succeed in 2022:

Catch Up on What You Missed in This Series

Stay tuned. Subscribe below to be automatically be notified when the next article goes live.

If you would like to learn more about any of the above fundamentals, then click here to choose any articles you’d like to read. (There are now 57 articles you can read in this series.)

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6 Reasons Why Your Customers Might Leave Your Business

6 Reasons Why Your Customers Might Leave Your Business
6 Reasons Why Your Customers Might Leave Your Business

In my last article, I revealed the 11th marketing fundamental: You need to continually reengage your lost or former customers (also known as remarketing).

Why is remarketing or customer re-engagement so important for your business or company? The following three stats will reveal why:

  1. “The average American company will lose 23% to 30% of its customer each year due to a lack of customer loyalty.” – 70 Powerful Customer Retention Statistics You Need to Know in 2021 (Semrush.com)
  2. “The average monthly churn rate for a SaaS company is 3-8%, and the average annual churn rate is 32-50%.” – Customer Acquisition Vs. Retention Costs – Statistics And Trends (Invespcro.com)
  3. “…the average business loses about 10 to 25 percent of its customer base per year. ” – What Percentage of Customers Does a Business Lose Each Year? (Smallbusiness.chron.com)

These stats reveal the truth I shared in my last article…

No matter what you do, no matter how great you are, and how great your product or service is, you will eventually lose customers.

If all businesses deal with customer loss or churn, the question is: Why do so many businesses and companies lose customers?

6 Reasons Why Customers Leave a Business

There are many unique reasons that a business might lose a customer. But here are some common reasons…

  1. Your customers move out of town. They no longer live close enough to make buying from you feasible. This applies mainly to physical business that offers physical products or services that can’t easily be shipped long distance.

    Think of businesses such as a restaurant or dry cleaners. If you have a business like that, it’s hard to serve your customers if they’re in a different state. Or, for example, if someone moves to another state they’re not going to use your gas station anymore.

  2. Your customers no longer need your product or service. They are in another stage of life or they might have solved (or no longer have) the problem they originally needed your product or service for.

    Do you want an example of a former customer like this? It could be a parent whose child grows up and no longer needs your daycare service. Or it could be a person who changes jobs/interests/fields and might no longer be interested in your membership site.

  3. Your customers had a bad experience with your customer service or with your product or service. If someone has a bad experience with your product or service, they could easily decide to just stop doing business with you – without ever letting you know.

    If they do happen to come to you with their complaint and don’t feel like they were taken care of properly, then they will also be gone.

    According to Forbes, businesses are losing $62 billion per year through poor customer service.

  4. Your competitor wooed them away with lower prices, better results, or better service (or all three). This is probably the one way that businesses actually worry that they will lose customers.

    How common is this problem? U.S. companies lose $136.8 billion per year due to avoidable consumer switching. (CalMiner.com)

  5. They no longer have the finances to pay for your product or service. I couldn’t find any stats for this reason. But we all probably have done this to a company at some point.

    The bills grow and you decide to ditch cable. Or you decide it’s time you finally had a decent amount in savings, so you have to cut some things out. That means you decide to make coffee at home and no longer grab coffee at your favorite local coffee shop.

  6. They felt ignored by your business or company. They felt like they didn’t matter to your business or that you took them for granted.

    You might be surprised how many customers leave for this reason. 68% of customers leave you because they perceive you are indifferent to them. (SmallBusinessTrends.com)

Which of These Reasons is Causing You to Lose the Most Customers?

I would encourage you to go over this list and begin to examine and investigate which of these reasons is causing you to lose the most customers.

Because you can’t actually do anything to solve a problem unless you’re aware of what it is.

In my upcoming articles, I will reveal some ways that you can reengage your former customers to try to win them back.

In fact, I think you’re going to be surprised at one of the sources I use to help you to do this. Stay tuned.

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