Your Frequent Buyer Program: A Secret Formula for Effortless Repeat Sales
Your Frequent Buyer Program: A Secret Formula for Effortless Repeat Sales
The other day I passed an upscale nail spa and a sign on the front desk caught my eye: It read “Cheaper by the dozen, buy 12 manicures for the price of 10.”
Well what that hoity-toity nail spa knows is that frequent buyer programs, by any description, are a very powerful tool.
Here are a few ideas for frequent buyer programs.
* Make your program user friendly (for both the client and the salon/day spa). A punch card or a stamp will do. Make sure you keep the number of purchases in the computer in case the client forgets her card.
* For a more “expensive” look, try a plastic card. You can purchase these through your software provider. A wonderful touch is sending the client a printout of her usage.
* Try collaborating with an aligned business and offer “frequent” buyer programs. For example, you can arrange with a neighboring tanning salon to give a free tanning session for every three haircuts in your salon.
* Give a gift certificate valued at $x for every $y spent in services in your salon.
* Offer your top “inner-circle” of clients an exclusive discount as a reward.
* Arrange to give frequent flyer miles with your gift certificate program.
After you decide you’re going to have a program, make sure you:
* Clarify your goal.
* Clarify all the technical aspects of your program (how it works).
* Have a reward that the client considers valuable, but not so expensive that you lose money on it.
* Determine the length of your program—give enough time so the client can benefit.
* Know how the clients will receive the bonuses—don’t make them wait too long or jump through a ring of fire to get the bonus. They’ll only get frustrated and all your hard work will go down the drain.Test your program.
Andrew Finkelstein, President of the Beauty Resource, is a successful New York City-based entrepreneur, author, speaker, and coach who helps professional beauty businesses get more clients. Andrew’s E-zine The Finkelstein Report is the beauty industry’s #1 marketing resource with free articles, marketing tools, and valuable advice for salons and day spas owners. Contact Andrew at TheBeautyResource.com
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