Discounts Don't Save Customers
"Customer Save" workshop is TODAY!
Yesterday, I posted Save Meetings that Actually Work, so go read that if you missed it.
Today, I’m going to talk about why leading with discounts or downgrades won’t save your customers—and what will.
If a customer is on the verge of churning because they're not getting value a discount probably won’t change their mind. In fact, it might frustrate them even more: “Wait, I’ve ALSO been overpaying this whole time?”
The same goes for a downgrade or “right-sizing” offer.
Instead of fixing the core issue, it highlights the mismatch between what they’re paying for and what they’re actually using. That’s a fast way to erode trust even further.
What actually works is addressing the root cause with concessions that solve a pressing problem or add immediate value. Free upgrades, training sessions, extra services, exclusive access—even curated content.
These aren’t random perks; they directly tackle the customer’s frustrations while preserving revenue.
But here’s the twist: there’s a quirky, little-known tactic that can massively increase the effectiveness of these concessions. It’s so simple you’ll laugh—but it works every time.
In the workshop—happening TODAY—I’ll show you exactly how to implement these value-driven concessions and reveal that unexpected tactic to stop churn in its tracks.
See you in the workshop later today.
~ Lincoln
BTW: We're doing two sessions TODAY that cover most time zones. So you don't have an excuse to not join live.
Outsourced CFO and Tax Planning Expert for Construction, SaaS, and Small Business Owners
1 个月This is so powerful Lincoln Murphy!