How To Grow Your Bakery Business Even In The Face Of Some Fierce Competition!Part Two
So hopefully after reading, (make that) studying part one of this ongoing series.
You have now, (at least) partially answered the $64,000 dollar question.
Which is how to grow your bakery business, correct? Great.
This is really good to hear. But as you’re already well aware.
As more and more local competitors,of all shapes and sizes continually enter the market.
You really need to have and or start to develop, some extremely loyal corporate and individual customers.
Plus, it will definitely help your case big time, if you constantly develop, as many non directly competing joint venture (JV) (aka) strategic alliance partners as possible. Don’t you agree?
Are you Finally Ready To Discover How To Increase Revenue From Existing Customers And Or Clients!
As you recall from part one. On average, for every ten corporate clients, who initially sample your extremely great tasting, gourmet goodies.
About three or 30% of them, will convert into some long term, repeat customers, correct?
Which means, if your typical corporate, small business owner/service provider, has at least ten employees or more.
Mathematically speaking. On average, about four out of ten, or 40% of them, who initially sample your wares, will convert into, some steady, long term repeat customers.
Who love to constantly share both, pictures and video footage, all over social media. Do they not? Which means they’ll constantly be spreading the word, about your great tasting baked goods and or services.Right? 😀
Wanna Discover How To Increase Sales And Profits Without Consistently Breaking The Bank!
Of course it goes without saying, you can dramatically increase (both) your front and back end revenue, simply by developing some reliable, lead generation strategies.
First of all, think in terms of the total lifetime customer value metrics, of the typical secretary and or office manager, of your typical corporate client.Huh?
Case in point. You know both the owner(s) of the company, will probably do something really nice, on National Secretaries Day, correct? 😀
Which is your annual ninja marketing opportunity, to supply your local corporate clients, with special discount pricing, provided they remain active VIP opt in email/subscribers.
But it doesn’t stop there. No way!
Thank Goodness There Are Lots Of Underground Marketing Strategies To Increase Sales Volume!
For ex; you know for a fact, all these local secretaries, have annual birthdays, do they not? If they have young kids, those kids have birthdays, correct?
And they may also have either a spouse, and or live in significant other, correct? They may have local siblings, (brothers & sisters) who also live nearby.
And those relatives may have kids and a spouse and or live in significant other, correct? Absolutely. This being the case, any idea where at least some of these deserving individuals, should get their baking goods! Bingo! 😀
And remember, they may also have in-laws, nieces & nephews and or neighborhoods, who will be constantly celebrating, (either) wedding anniversaries, birth of kids and or grand kids.
Consistently Use These Proven Marketing Strategies To Consistently Boost Sales And Build Some Extremely Valuable Long Term Relationships!
Or maybe they’ve got kids graduating from high school and or college. Or maybe medical, dental and or law school etc.
Maybe they’re celebrating the opening of a brand new local business or practice of some kind. And or maybe the grand opening of a second location and or practice etc.
Maybe the secretary attends a local kids party of a neighbor, co-worker and or relative or in-law etc.
They bring some of your extremely great tasting chocolate chip cookies and or banana muffins or whatever, and guess what? X percentage of those in attendance, (especially the Moms and or legal guardians) simply have to know where you got them from! Correct? 😀
And once again, a certain percentage of them, initially sample your wares, and boom! They’re now long term repeat customers as well.
Are You Definitely Starting To Appreciate Why It’s Really Not That Difficult To Consistently Increase The Sales Revenue Of Your Semi Cash Starved Small Business And Or Service!
Hopefully, after quickly doing the math, you can now much better appreciate, why understanding, the total lifetime customer value metrics of your ideal customers, can definitely help you plan and implement, some far more potentially profitable, long term marketing strategies and or tactics.
Don’t you agree? In part three, you’ll discover at least three more potential legs to your long term marketing mix, okay?Until then.
Hopefully, you now have a much better idea, of how to grow your bakery business, even in the face, of some major competition.
P.S.Now as is customary during this part of our show.
Please share your extremely valuable comments (in the comments section below) that you can
apply to your business, product or service in the next 30 days or less!
As always, if you got any value out of this post, please Google Plus or tweet this.Thanks!
And be sure you grab your explosive free 22 step small business marketing idea kit series, because it will help you increase your gross profits by as much as 25% in the next 90 days or less.
And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)It’s a $97 dollar value and it’s free!
