How to Make More Cash from the Customers You Already Have
JP Maroney
I grow companies and teach other founders how to scale beyond 7-figures by sharing what I’ve learned as a 35+ year serial entrepreneur…
Let’s get real for a sec. You want to make more money from your business, right? Well, guess what? The key to pocketing more cash might just be hiding in your current customer list. No kidding! It’s not always about chasing after new folks to buy your stuff. Sometimes, it's the people who've already bought from you that can really boost your bank.
Spot Your VIPs
First thing’s first. In your sea of customers, there are some big fish. These are the peeps who love what you're selling and keep coming back for more. They're your VIPs because they spend the most, talk about you to their friends, and are just easy to deal with.
Ever heard of the 80-20 rule? It’s this cool idea that says a small chunk of something can be way more important than the rest. In business, it means about 20% of your customers could be bringing in 80% of your dough. Wild, right? But the percentages can change; the point is, a few customers can mean big business.
Treat Your VIPs Like Royalty
Now that you know who your VIPs are, it’s time to roll out the red carpet. Make them feel super special with deals just for them, messages that make them smile, and the first dibs on your new stuff. They already dig what you do, so show them the love, and they'll stick around even longer.
And here’s a secret sauce move: use what you know about these top customers to find more just like them. Like setting up a magnet that only attracts the best kind of customers for your biz.
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Remember, You’ve Already Paid to Meet Them
Think about this: getting a new customer costs money. You’ve got to spend on ads, your time, or even give a slice to salespeople to bring them in. But once they’ve bought from you, every time they buy again, it’s like you’re making more from what you already spent. Smart, huh?
Easy Steps to Make More Money from Your Crew
Bottom line: More money doesn’t always mean finding new customers. Sometimes, it’s all about taking care of the customers you already have. Make them feel like rockstars, and not only will they keep buying from you, but they’ll also bring their friends. It’s a win-win. So, go give some love to those VIPs and watch your business grow!
Want help growing your company? Let's connect: https://jpmaroney.com