Marketers know how important it is to stay in contact with the customers. Even those businesses that have established market share need to keep marketing, when they do not feel the need to. Why? This is sort of a reminder to the customer about your existence and that whenever they need a particular product or service, they choose you. Through these marketing tactics, the name of the brand stays fresh in the mind of the people.
According to a study by IBM, the chances of a customer buying again increases by 48% if the marketers regularly send them emails. This goes to show that people will likely buy from the brand if they are familiar with it and have knowledge about their products.
What is drip marketing?
Marketing a brand through several different mediums like messages, calls, emails or newsletters to inform the customer about the products is called drip marketing. This is like a reminder to the people about your business. It can help enormously to sales team in cultivating leads. Even if the customer is not interested in buying a product at the moment, he will buy from you whenever the need necessitates thanks to the knowledge they have of your brand.
The term drip is derived from the agricultural practice of slowly and consistently dropping water on crops so that they get enough water to grow without soaking in too much of water. Drip marketing works in a similar fashion by reminding people and creating awareness just enough to develop interest but not too much to push the customer away. It can not only bring back old customers but also create new customers and inform them about any upcoming ventures or offers.
Technology and Drip Marketing
Drip marketing has never been this easier as it is now thanks to technology. Many companies use automated phone calls to target customers who have shown interest. With one click an email can go to thousands of accounts. One post on social media can be seen by tens of thousands of people.
Technology is also used to measure the performance of drip marketing campaigns. With these analytical tools marketers can see how well their campaigns have performed. They can see how many people received their emails, how many opened emails, and how many clicked through. They can see how many people saw their post on Facebook. This data helps them identify what works with whom and understand their customers. Using lead management software they track the leads i.e. people who have interest in the product and may actually buy.
Implementing a Drip Marketing
Like any other marketing project, drip marketing also requires careful planning and a smart strategy. The planning phase is well thought out as to how the campaign will be carried out, what technology will be used and what customers will be targeted. It will usually require listing down contact information of customers like phone numbers or emails. The timing is also very crucial in planning. Marketers need to identify what times the customers will be more inclined to open their emails or even respond to the call to action. Then comes the frequency as to how many times a week or month the customer should be approached as doing too frequently will push away the customer.
Then comes the phase of segmenting the audience so that the campaign reaches relevant people. Design is also part of the strategy because among so many marketing messages and emails, yours need to stand out so a lot of work needs to go into that. These plans are usually designed for a whole year. Lastly, the implementation also hinges on performance. You need to continuously monitor your campaign and make your strategy adaptive to any changing consumer behavior or market trends.
Why Drip Marketing?
Drip marketing essentially has many benefits as it keeps the brand image alive and at the same time promotes it to newer customers. Here are some benefits of drip marketing:
Marketers know that attaining customer loyalty is like hitting a jackpot. This is not an easy task but one that has tremendous long term benefits. Through constant interaction with the customers through calls, emails or messages you are there in the mind of the customer. It initiates a connection and one sale leads to another eventually earning the loyalty of the customer. It creates a familiarity between the brand and customer.
Drip marketing is very cost effective thanks to modern technology. You can include it as part of your regular marketing plans and it does not need many resources.
Timing is another great benefit of drip marketing campaigns. You can roll your campaigns just in time before a sale season or an upcoming holiday. The message reminds the customer to visit your website during a sale or holiday season.
The ultimate goal of any marketing campaigns is to increase sales. Through various ways drip marketing helps increase sales in short term and long term. This is why there is a high ROI on these kinds of subtle but effective campaigns.
Drip marketing differentiates from regular marketing in that it is more relevant. Instead of reaching out to everyone, you reach out to people who have shown interest. These could be one time old customers or people who have signed up to receive emails or newsletters.
Drip marketing can be used by any business, big or small, old or new. It is especially beneficial for businesses that deal directly with their customers. Marketing professionals all over the world use it and find it to be very effective. It is equally important to focus on your website and make it better because that is where the customer will arrive if your campaign goes successful. You can do that by yourself or find solutions like which is a WordPress development team that also offers maintenance plans. Through these plans you get inside information about visitors and can improve your leads strategy. Remember, everything works together to pull off a marketing campaign from planning to implementation to feedback.