Increase profits while reducing advertising costs by 80%!
Did you know that it costs 500% more to obtain a new customer than it does to retain an present 1?
500%!
So with that getting said, how much attention and focus does YOUR company spend on retaining Present customers?
Or are you 1 of the many businesses that focuses all their advertising dollars and energy on chasing down new leads and new customers?
Are you able to say exactly what percentage of your advertising budget is focused on retaining active buyers?
Do you recognize when your existing buyers stop purchasing from you and begin going elsewhere?
Do you notice that they haven’t been to your business in a particular amount of time?
No?
Then you won’t be surprised to know that, according to a recent study, over 68% of consumers will take their company elsewhere merely mainly because they didn’t feel that there involvement with a business was getting valued.
68%!
So not only are you investing 5 TIMES much more income, attracting new consumers, but you are investing 5 TIMES a lot more income to REPLACE the customers, you already had, which are now LEAVING…to do organization with your competition!
Can you see why some companies feel like they are burning through income, whilst others are seeing insane amounts of profits, even in a poor economy?
If you don’t already have a system or strategy, in place, that focuses on retaining your present clients, and showing them you value their company, then it can be time you created 1.
Otherwise be prepared to maintain investing more and a lot more income, to TRY and retain up with your competition that’s attracting YOUR consumers.
Do not be a organization that focuses purely on the “first” sale, but recognize you are sitting on a GOLD MINE of repeat business from a targeted base of previous buyers!
Remember: The fortune is inside follow up!
You’ve spent all that funds getting your customers inside first location, now it can be time to maximize your ROI on that expense, and get as a lot of repeat sales as you are able to from satisfied customers.
For assistance in getting your company in front of your online clients, visit us at: LocalBusinessSuccess.com – Local Business Success focus is on helping local businesses gain new customers utilizing online business marketing strategies. Learn more and INSTANTLY grab our FREE report “Local Business Internet Marketing”
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