This Is How And Why The Right Type Of Customer Retention Strategies And Tactics Mean Much Larger Profits!

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| Mark Newsome | Featured Posts
customer retention strategies
This Is How And Why The Right Type Of Customer Retention Strategies And Tactics Mean Much Larger Profits!

  (For You And Or Your Major Competitors!)

So who can argue with and or deny, on practically all the viable, advertising platforms. Both on and offline.

One way or another, traditional advertising and or promotional costs, are constantly going up.Would you not agree?

And this undeniable fact, doesn’t necessarily mean, your overall, gross front or back end profits, are rising as well.Correct?

It would certainly be nice if this was the all too common case.

This being said. Here’s where, you can and definitely should, place the right amount of marketing emphasis, on developing, the right type of customer retention strategies and or tactics.

Because over time.Doing so, will,  continuously yield, some bankable results.For literally years and years to come.And systematically put you light years ahead of your would be,major competitors. As you’re about to discover….

Even With Steadily Rising Customer Acquisition Costs A Reliable Marketing Strategy Can And Definitely Will Help You Consistently Turn A Size able Profit!

Case in point. Let’s say you’re a single location, retail jewelry store owner. And your current location, is not exactly considered a prime location.This being the case.

Your store does specialize, in the high end, extremely great looking bling. So here’s three proven, non traditional marketing strategies, you can at least, start systematically, A/B split testing, in various ways.

To try and discover asap. Which if any of these promotional strategies.Consistently produce, the most front and back end gross profits. For the least amount of money and resources continuously invested.

Sound good? Great. First of all. Since your store is currently located, in a fairly popular strip mall. And it currently has five of the seven available suites, currently being leased.

Here’s what you and or one of your stores top managers, currently proposes, to the other five, non directly competing vendors.

You’ll Probably Be Completely Surprised What Often Can Turn Out To Be Some Of Your Very Best Lead Magnets!

Say for example. You or one of your top managers, drops in on one of the other four, non directly competing vendors.Who both you and your top manger(s), are already on a first name basis with.

Pay close attention, to this incredibly effective, pro-active marketing strategy or tactic. In order to (hopefully) generate, both some potentially profitable, positive word of mouth and mouse buzz.

You allow your top (preferably female) managers, to temporarily borrow, one of your most popular, eye catching,$2,500 dollar, diamond studded necklaces.

Plus, a pair of extremely great looking, diamond studded earrings, which normally retail for at least $450 dollars or more. And your long term strategy is.As she talks to both the owner(s), as well as the female staff ladies in the house.

Will simply have to both comment, compliment and ask, what’s the real story, with the incredibly great looking bling.Correct? Absolutely.

And here’s part B of the strategy. You or your manger(s), initially inform the owner(s.) If they’d like to purchase, either the $2,500 dollar diamond studded necklace or the earrings. Or both. Say what? And save, anywhere from 20-75% off the normal retail cost. Say what? That’s correct.

Of course, if they truly expect to save close to 75% off a thousand dollar purchase or more.They’re obviously going to have to do a little something extra,correct?

Here’s all they need to do.

Just bring, the extremely time sensitive, discount coupon to your store, before it expires.Pretty simple so far, correct? No doubt.

Are You Definitely Starting To Appreciate What A Rather Simple Yet Effective Customer Acquisition Plan Can Do To And For Your Overall Bottom Line?

They also need to join your opt in email/mobile marketing list.Plus drag a friend with them, whose at least 18, and not a current customer or subscriber.

And if those two guest, (between them), spend over $500 dollars total. And they both join your list. All three of you, are automatically entered into your monthly free drawing.For their chance to win, a  beautiful, $2,500 dollar diamond studded necklace.

Since you drug them both to your store.They automatically get to purchase any one piece of jewelry, up to $5,000 dollars. And save 50% off the retail costs.Huh? That’s correct.

Plus, as long as they remain on your list, they can put whatever amount  down they wish to.

And pay the remaining  balance off, at just $50 (or X dollars) dollars per month. Until the entire balance is paid off. With absolutely no interest charges ever.Say what?

Plus, you’ll throw in, a $100 dollar gift certificate, to a local grocery store. And your two guests. Just for joining your list.They automatically get to save 25% off their next two purchase.

But they must present, this extremely time sensitive, laminated, discount coupon card, they’ll be given at your store.

And as long as they drag a semi qualified friend with them. They automatically save 50% off their next two purchases.Up to $1,500 dollars. This one incredibly simple marketing ploy.Should kick start these non directly competing store owners, to get moving in the right direction.Don’t you agree?

Are You Starting To See And Appreciate How The right Type Of Customer Retention Strategies Definitely Improve Your Bottom Line!

Let’s hope so.Because remember.This is just your initial, non traditional marketing strategy. To help get the marketing ball rolling in the right direction. In part two, you’ll discover part b of this multi pronged plan. Sound good?

For now, can you think of some non traditional ways and or tactics, which greatly improve, the results of your best customer retention strategies?

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 share this on your favorite social media sites or tweet this.Thanks!

And if you’re currently registered on Linkedin or twitter,and you’re serious about about doing some type of power networking.Let’s get connected asap!

The Right Customer Retention Strategies Or Tactics Will Most Definitely Give Your Semi Cash Strapped Small Business Or Service The Edge!

Extremely important note:And if by chance, you happen to know any of the lesser known podcasters, who also target,small business owners,service providers or aspiring startups entrepreneurs etc.

And they’re pro-actively looking for potential guest speakers.Please don’t hesitate to-either- pass their name and contact information directly
to me or vice versa!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!

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