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The Most Expensive Mistake You Can Make in Q4

Lockport Chamber
4 hours ago
6 min read
Lockport Chamber members and guests smiling around a table at a Business After Hours networking event

Have you ever read the fine print on a coupon or promotion that says "new customers only"? It's infuriating when you've supported a business for years and then watch new customers get the better rate.


It doesn't matter whether it's your stylist, your cable company, or your pet groomer. Loyalty should count for something.


So why do so many businesses save their best offers for people who've never bought from them? Meanwhile, the customer who bought from you three times last year hasn't heard from you in months.


One of the most expensive mistakes a Lockport business owner can make in Q4 is spending so much energy chasing new customers that you overlook your repeat customers, the people who already know and like you.


Keeping them is also the cheaper option. Harvard Business Review notes that, depending on the study and the industry, acquiring a new customer can cost five to 25 times more than keeping an existing one.


The cost of overlooking past customers is hard to see because you rarely find out about it. It's an appointment nobody books, a corporate order that goes somewhere else, or a regular who becomes someone else's regular. They liked you, but you slipped their mind, or they didn't feel valued enough to come back. That's especially true if they see you rolling out the red carpet for new prospects everywhere they look.


The good news: you can fix this without hiring a consultant or buying another marketing program. Start with the customer relationships you've already earned.


Find the People You've Lost Touch With

Set aside 30 minutes to review your sales records, appointment history, or past invoices. Look for customers who bought before but haven't come back within their usual buying cycle.


Look for patterns. Which customers ordered gifts from you last year? Which clients usually schedule a service before year-end? Did a business place one large order and then disappear?


Aim for about twenty names so you can follow up with each one thoughtfully. A longer list can feel overwhelming and keep you from reaching out at all.


If you don't have detailed records, start with what you have: last year's invoices, your appointment calendar, or the customers your team remembers by name.


You're looking for a reason to reconnect that makes sense to the customer.


Give Them a Useful Reason to Return

"We miss you" is a pleasant start, but a relevant reminder gives someone a reason to act. It also helps if your contact has moved on, because their replacement can see exactly what you did for the company last year.


A restaurant could contact the person who booked last year's team lunch. A printer could remind customers to order year-end thank-you cards. A service business could reach out about an upcoming maintenance appointment.


For example:


"You ordered client gifts from us last November, so I wanted to check whether you're planning something similar this year. We have options in the same price range, and I'd be happy to send you three ideas."


That message saves the customer time, and it shows you paid attention.


Use the channel the customer has invited you to use. A personal email or a quick conversation during their next visit may be enough. Save bulk promotional emails for people who've signed up to receive them, and make sure those emails follow the CAN-SPAM Act.


Resist the Automatic Discount

Before you offer 20% off, ask what would make the purchase easier.


Could you offer gift wrapping? Put together a ready-to-order package? Hold an appointment slot? Recommend three products based on what someone bought last time?


A corporate customer organizing gifts for 15 employees may value individual packaging and a single invoice more than a modest discount.


Make sure any extra service fits your capacity and pricing. Free delivery loses its appeal quickly if your whole staff spends December driving around Will County.


Convenience can give customers a strong reason to choose you while protecting the profit you need from the sale.


That said, don't discount the discount, especially if you sell directly to consumers. When everything costs more, saving a little money feels good. Just make sure your loyal customers get the deal, too.


Check What Happens After Someone Says Yes

A successful reminder can still end in a lost sale. Does your message link directly to the right product or booking page? Are your holiday hours current? Can someone quickly find your ordering deadline? Who answers when a customer replies?


Ask an employee or a trusted business contact to follow the steps a returning customer would take. Have them try to place an order or request an appointment.


Watch for the small obstacles you've stopped noticing: an outdated form, a missing price, or instructions that require a phone call during hours when your customer is at work. Our small business website checklist walks through what customers need to see before they buy.


Fixing one obstacle can help every customer who comes after.


Put Your Chamber Connections to Work

The Lockport Chamber of Commerce can help you give customers more reasons to come back, and help them discover other local businesses along the way.


Ask for an introduction to a complementary business. A florist and a caterer might trade referrals for company celebrations. A photographer could connect with a salon whose clients need professional headshots. Each business gains a useful recommendation to share with its customers. You can also browse the Membership Directory to see who's already in the network.


Ask which promotional opportunities fit your timeline, too. The Chamber offers options such as Downtown Lockport Street Banners and Landing Page Ad Space on the Chamber website.


Give Chamber staff something specific to work with: what you offer, who it helps, the deadline, and how to buy. "We have employee gift packages for teams of five to 25" gives them far more to share than "Please promote our business."


And make the most of the season's gatherings. The Lockport Chamber Holiday Luncheon is December 2 at Public Landing, and Business After Hours at Gallery Seven is December 8. Both are good places to reconnect with familiar faces before the year ends.


Make Follow-Up Someone's Job

Q4 gets crowded. Assign one person to own your reconnecting efforts, even if that person is you.


A simple spreadsheet can track the customer, the reason for reaching out, the date, the response, and the next step. Review it weekly. Record the sales that result, along with the time or discounts involved, so you can judge whether the effort paid off.


Before you spend more introducing yourself to strangers, give your past customers a reason to say, "I'm glad you reached out."


Frequently Asked Questions

Q: How do I get repeat customers during the holidays?

Start with the people who already bought from you. Review last year's sales or appointments, pick about twenty customers who haven't returned on their usual schedule, and reach out with a specific, useful reason to come back, such as a reminder about last year's gift order.


Q: Should I offer past customers a discount?

Not automatically. First ask what would make buying easier, such as gift wrapping, a ready-made package, a reserved appointment, or a single invoice. If you do run a discount, make sure your loyal customers can use it, not just new ones.


Q: How many past customers should I contact?

About twenty is a manageable number for personal follow-up. A longer list can feel overwhelming and make it less likely you'll reach out to anyone.


Q: Can I email past customers about a holiday promotion?

Use the channel each customer has invited you to use. Send bulk promotional emails only to people who signed up to receive them, and follow the CAN-SPAM Act for commercial email.


Q: How can the Lockport Chamber help me reach customers in Q4?

The Chamber can introduce you to complementary businesses for referrals, share member offers through promotional options like street banners and website ad space, and bring you together with local business owners at events like the Holiday Luncheon and Business After Hours.


More Resources for Lockport Business Owners

Looking for more practical steps you can use this week? Explore more Small Business Resources on the Lockport Chamber blog, and if you're not a member yet, join the Lockport Chamber to connect with local business owners heading into the busiest season of the year.


This article was adapted from a piece by Christina Metcalf, a writer and women's speaker who works with small businesses, chambers of commerce, and business professionals. She is the author of The Glinda Principle, rediscovering the magic within.

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