Marketing System
12 Ways to Increase the Number of Leads- Referrals: Always ask a satisfied customer for at least three leads.
- First order at cost. This is to create a repeat customer. Give them a discount if you can.
- Garantee or risk reversal: Offer money back, next time free, or stop monthly payments for customers who don't like the service or product.
- Host/ beneficiary relationship: Keep in touch with customers
- Advertising
- Direct mail or email
- Telemarketing
- Special event or seminars.
- Use qualified lists.
- USP
- Client education
- Public relations
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9 Ways to Increase Your Closing Ratio
- Increase selling skills of your staff
- Model your best salespeople
- Get a sales manager
- Listen to books and tapes
- Get out and gt sold- model your competition
- Qualify leads upfront.
- Make ads specific, not general
- Make irrestible offers
- Educate your customers
3 Ways to decrease Attrition
1. call inactive customers to get feedback
2. Give extraordinary service
3. Communicate!
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6 ways To Increase Your Average order
1. Up-sell and cross sell
2. Point-of-purchase promotions
3. Bundling
4. Increase your price and enhance your margin
5. Change the profile of your products to be more upscale
6. Order larger units of purchase
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6 ways to increase the frequency of purchase
1. Develop a backend product or service
2. Continuous communication
3. Endorse other people's products to your list
4. Run special/ private/ closed-door sales
5. Program your customers educate them into a long-term buying strategy
6. Use price/ purchacse inducements like frequent-flyer miles.
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