A Golden Rule for Enlightened Entrepreneurship
Wednesday, March 17th, 2010I see so many people marketing themselves. They spent £500 upwards on a website and spend a lot of time fiddling to make sure they come up high in google. They get the business cards and brochure or flyer done. Advertise and network, all of which brings a trickle of enquiries. But what happens to those enquiries?
Usually they go cold and you end up losing possible business.
So let’s take a brief look at the 6 typical issues people have gaining and keeping clients:
1. One of the issues is “prospects” who might buy but who are not sure. Most people will call them once, maybe twice and then give up.
2. The longer you’re in business the harder it become to stay in touch with everyone who shows and interest but who isn’t ready to buy.
3. The challenge you have is to keep the possible people interested and warm them up to you
4. Then when all your hard work pays off and someone becomes a client, how do you encourage them to hang around and see the value more and more often, so when they think of the problem they only think of you?
5. Then there’s the time it takes to implement the following up and this is where the busy people need to focus on the system that builds the relationship for you
6. And finally there’s the cost to do all this
The Golden Rule…
A golden rule of enlightened entrepreneurship is to have more people coming back to you and increasing their spend with you, and recommending you to friends and colleagues.
Imagine 77% of your customers returning, and then finding a steady increase of 23%, with this, your business grows. And if you’re happy customers recommend you and you make it easy for them to do that, you can spend less on your marketing.
Imagine that happening to your business!
So let’s look at what to do.
Well, you need a strategy that encourages new clients and you want a strategy that encourages repeat buying. Now that may sound like two different projects, but actually it’s not. It’s one.
What you need is a scalable strategy that does both jobs. When I say scalable this is what I mean: What’s needed is a system that takes a short period of time each week or month – and a system that works, whether you have 100 or 100,000 customers.
So, every successful business venture, no matter how big or small, must have this strategy.
So you need this strategy to welcome in new customers and to encourage repeat buying; and the way you do this is through finding a method of how to stay in touch.
Neil Fellowes shows conscious entrepreneurs, coaches, consultants and complementary therapists how to make a difference AND a profit. If you need help developing a system, read about our Insiders Secrets programme and Mastermind group: http://www.communitysoulhbg.co.uk/insiderssecrets.htm






