With out this…you may well as well close your company!
“The fortune is in the follow-up,” and “The money is during the list,” are phrases which will truly be a source of endless earnings, or fatal income leakage for a company.
I know I touched on this in my last email to you, but I lately spoke to a company owner about the same topic, and realized that the dilemma is nevertheless really widespread amongst companies.
So let me be really clear on this:
In the event you effectively follow-up with customers, you will see a near INSTANTANEOUS raise in annual profits by 25 – 95%!
How significantly of a distinction would an enhance of 75% in pure profit make in your present enterprise?
How can I be so confident about this reality?
Since the numbers speak for themselves:
1) Study conducted by Bain & Company found that an improve of 5% in customer retention can enhance income by 25% to 95%
2) The same study found that it costs six to seven times more to gain a new customer than to keep an existing one.
3) According to Bain & Company, “US companies lose 50% of their consumers every 5 years.”
4) “Companies that make customer service a high priority see twelve times the return on sales than those companies with a low emphasis on service.” -International Customer Service Association
5) “Two-thirds (or 66%) of buyers do not feel valued by those serving them.” – Mark Stevens, Author
Can you see how important it is that you FOLLOW-UP with not only “hot leads,” but also your existing customer base?
When was the last time you sent a message to your existing consumers to thank them for their company over the years?
When was the last time you asked your customers what areas of your business THEY felt could be improved or changed?
Just taking the time to do small things to show that you value your buyers will GUARANTEE you not only see increased profits, but will also reduce your need to spend MORE on marketing to REPLACE the customers that have decided to take their cash elsewhere.
The best part is, there is software and programs that will allow you to do all of this AUTOMATICALLY, so that you don’t have to spend any time sending out each message one-by-one.
Take your business’ earnings to the next level, and create a system for following-up with your past and present customers before it comes back to hurt you.
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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