In the erratic economy of these past years, you probably have customers who have left you. Many had no choice. It was about the economy --- not about you.
Many are ready to return IF you just ask them.
But before reaching out, you need a well thought-out plan to win back these lost customers. And that begins by defining the term "win back." The Direct Marketing Association tells us, "A win back is a dormant customer who begins to purchase again due to a targeted sales and marketing effort."
Are you ready to win back a lot of lost customers? Here's a five-step plan get you there:
Step #1: Conduct Your Win-back Opportunity Analysis
- How many inactive and lost customers do you have?
- When did they leave?
- Why did they leave?
- Where did they go?
- How much impact do these lost customers have on your revenue?
- What amount of incremental revenue could you reasonably expect to earn by...

