Connect with us

Weekly Spiffs

Weekly Spiff: Know Your Customers

Give your team an incentive to build the database that drives repeat business.

mm

Published

on

Weekly Spiff: Know Your Customers

Know Your Customers

YOUR CUSTOMER DATABASE is one of your most valuable assets. This spiff rewards staff for building it — one profile at a time.

  • Pay a set amount (such as $5) for each completed customer profile card.
  • A complete profile includes: name, address, phone number, birthday, anniversary, and permission for follow-up contact.
  • Incomplete cards don’t count — all fields must be filled.
  • Set a weekly or monthly goal to keep momentum going.
  • Review cards for quality — no fake entries allowed.

What this encourages: This builds your marketing foundation. Every profile collected is a future birthday reminder, anniversary prompt, or holiday mailing. It also trains staff to have real conversations with customers and establish relationships that lead to repeat business.

DISCLAIMER: Spiffs are not appropriate for every store, but can add a sense of excitement to the sales process for some. Will it work? It depends on your store, and it depends on your staff. If you haven’t tried these types of contests, give it a try and see what happens. But if you do try it, make a big deal of it. These work way better when they’re an exciting, shared experience.

Advertisement

SPONSORED VIDEO

Honoring a Legacy: How Smith & Son Jewelers Exceeded Every Goal With Wilkerson

When Andrew Smith decided to close the Springfield, Massachusetts location of Smith & Son Jewelers, the decision came down to family. His father was retiring after 72 years in the business, and Andrew wanted to spend more time with his children and soon-to-arrive grandchildren. For this fourth-generation jeweler whose great-grandfather founded the company in 1918, closing the 107-year-old Springfield location required the right partner. Smith chose Wilkerson, and the experience exceeded expectations from start to finish. "Everything they told me was 100% true," Smith says. "The ease and use of all their tools was wonderful." The consultants' knowledge and expertise proved invaluable. Smith and his father set their own financial goal, but Wilkerson proposed three more ambitious targets. "We thought we would never make it," Smith explains. "We were dead wrong. We hit our first goal, second goal and third goal. It was amazing." Smith's recommendation is emphatic: "I would never be able to do what they did by myself."

Promoted Headlines

Advertisement

Advertisement

SUBSCRIBE
INSTORE Bulletins
BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Advertisement

Most Popular