3 Ways How to Earn More from The Clients You Already Have
Dejan Davcevski
?? Do you want to be published on Life Coach Code? | Founder of Life Coach Code | Creator of The Code Method? | Author |
“Your best customers are the ones you already have”
It’s true, and it’s more than just a cliché.
Studies show that retaining existing clients is up to five times cheaper than acquiring new ones.
Yet, many businesses focus all their energy on finding new customers while leaving untapped opportunities with current clients on the table.
If you're looking to increase revenue, the most effective place to start is with your existing client base.
Here are three actionable strategies to help you earn more from the clients you already have.
Let's start...
3 Ways How to Earn More from Your Clients:
1. Upsell and Cross Sell Strategically
One of the easiest ways to generate more revenue is to offer your clients additional products or services that complement what they’re already using.
Upselling involves encouraging a client to upgrade to a higher value product or service, while cross selling introduces them to related offerings.
But here’s the catch: it’s not about selling for the sake of selling.
The key is to focus on genuine value.
Analyze your clients’ needs and propose solutions that enhance their experience or solve new problems.
Example: Imagine you’re a fitness coach.
If your client is using your basic workout plan, you could upsell a personalized nutrition plan or cross sell access to exclusive group classes.
By showing how these extras support their goals, you make the offer a win win.
Tip: Avoid being overly pushy.
Instead, frame your offer as a way to help your client maximize their results or investment.
Another thing you can do is to...
2. Build Long Term Value Through Premium Offers
Have you considered creating premium packages or exclusive tiers of service?
Offering a high value option for your top tier clients can be a game changer.
These packages should address advanced needs, offer added convenience, or deliver unique benefits.
For example: If you’re a marketing consultant, you could create a “VIP Marketing Accelerator” package.
It might include one on one strategy sessions, early access to new tools, or priority support.
Such a package not only appeals to your most dedicated clients but also solidifies their commitment to working with you long term.
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Adding an element of exclusivity, such as limited availability, can make these offers even more attractive.
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And finally...
3. Strengthen Relationships to Encourage Referrals and Loyalty
Clients are far more likely to spend more when they feel valued.
Beyond delivering excellent service, take time to build genuine relationships with your clients.
Regularly check in to understand their evolving needs and challenges.
Loyal clients are also powerful advocates for your business.
Encourage referrals by creating a system that rewards them for introducing others to your services.
Referral bonuses, discounts, or even simple acts of gratitude can go a long way in turning your clients into ambassadors.
If you are a coach you can join Superhuman University and earn money through referals.
Or just bath in the pool of value that we have to offer inside.
Example: A software company might celebrate a client’s milestone, such as reaching a specific goal using their platform.
This small gesture can deepen the relationship and inspire clients to share their positive experience with others.
Conclusion
Earning more from your current clients doesn’t require reinventing the wheel, it’s about deepening the value you provide.
By strategically upselling and cross selling, offering premium options, and strengthening relationships, you can unlock significant revenue potential while fostering trust and loyalty.
So, what’s your next step?
Start by implementing one of these strategies today.
You’ll not only see a boost in your revenue but also in the satisfaction and loyalty of the clients who already trust you.
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Have additional strategies that worked for you?
Share them in the comments.
I’d love to hear your insights!