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The (Questionable) Value of Encouraging Multi-Channel Buyers

I just read yet another article about multi-channel buyers that has me scratching my head. It’s a common argument that multi-channel buyers -– those that buy through some combination of online, on the phone and in stores — are more valuable than single-channel buyers so we should all try to entice buyers to use multiple channels.

It’s a known fact that multi-channel buyers almost always have a higher average value than single-channel buyers. They’re presumably more engaged with your product, and so have a higher likelihood of buying more.

I get lost at the conclusion many people then reach: that it’s a worthy marketing goal to convert buyers to multiple buying channels. Give your customers an incentive to use a second or third buying channel, the argument goes, and they’ll become one of those valuable multi-channel buyers.

If Staples sends me a $20 off coupon good for in-store use only, I may go to the store just this once rather than order online. Their offer “artificially” shifts my buying habits on a one-time basis, but doesn’t do anything to make me a more valuable customer to them – and indeed costs them the $20 discount.

If your experience proves otherwise, I’d love to hear about it!

Effective Online Marketing in 50 Minutes

At the Summer Mailorder Gardening Association conference, I moderated a round table on Effective Online Marketing – a rather ambitious undertaking in 50 minutes, if I do say so myself. Attendees shared their experiences with everything from promotional emailings and enewsletters to customer forums and online videos.

I prepared a handout that lists examples of and where to find more about customer reviews, Google Website Optimizer, enewsletters, video demonstrations, online upsell suggestions, paid search (pay-per-click), blogs, podcasts and discussion boards. Let me know if you’d like a copy and I’d be happy to send you one.

I was surprised to hear several participants report that they’ve been getting great results with affiliate marketing. How about you?

Drive Your Customers Online

Thanks to lower costs and fast turnaround, most websites contain many more products than a merchant can afford to include in a single catalog. So I was shocked to learn from a customer panel at the recent Mailorder Gardening Association conference that customers assume that most websites simply replicate catalog offerings.

Assuming you offer more products on your website than in your catalog, make sure your customers know it. Say “More plants at www.OurCompany.com” on every page of your catalog, include “More Plants Online” bursts in your catalog, or include lists of plants that can only be bought online.

New Opportunities for Garden Marketers?

At a recent Mailorder Gardening Association conference, Kip Creel of Standpoint Marketing Research offered some interesting facts on garden centers that point to opportunities for direct marketers.

Kip, who specializes in researching home and garden industry trends, reported the following:

* 60% of the profit at the typical independent garden center comes from annuals.

* Consumers expect variety at independent garden centers, but it’s tough for the nurseries to deliver variety profitably.

* Consumers perceive garden centers as being high on expertise and low on convenience.

* Only a tiny percentage of independent garden centers have annual sales of more than $1 million.

* Garden centers would like to do more ecommerce, but that’s not their area of expertise.

Put these facts together, and it points towards opportunities for online nurseries to cooperate with independent garden centers, offering them the variety and convenience that they’re lacking.

The Importance of a Consistent Mailing Schedule for Enewsletters

Considering that we specialize in the gardening and outdoor living market, most of our clients face significant issues with seasonality. Consequently, some of them for whom we publish an enewsletter think we should only mail “in season.” That’s a mistake for two reasons…

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Val Gosset
Evergreen Marketing
60 Treeland Road
Shelton, CT 06484
Phone: 203-513-8911
Val@GrowWithEvergreen.com

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