All too often, the focus for new sales leads lies in new customer acquisition, but what if we told you there was another way - and it will cost you less? We’re talking about re-engaging with lapsed customers. Depending on the industry you’re operating in, figures suggest it can cost up to five times more to attract new customers. So, it’s not that surprising to know that re-establishing rapport with lapsed and dormant customers is going to be a more cost-effective solution than generating new leads from scratch. Not convinced? Well, check out our latest blog that explains why you should be re-engaging your lapsed clients. https://lnkd.in/dp8e-trm #lapsedclients #reengagementstrategy #leadqualification
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Did you know it can take 7 to 12 interactions to turn a prospect into a loyal customer? If you're in sales and don't know this, you are missing a HUGE opportunity, or even if you think you know it, are you actually doing your follow-ups? Many sales fall through simply because follow-ups are overlooked. At The Business Growing Place, we understand the importance of consistent, thoughtful follow-ups in building trust and driving conversions. Follow-ups are more than just reminders; they’re about nurturing relationships, addressing customer concerns, and showing your commitment. Whether it’s a quick check-in, sharing a helpful resource, or offering a special incentive, each interaction brings you closer to that “yes.” Stay top-of-mind and boost your conversion rates with a solid follow-up strategy. #SalesStrategy #FollowUp #CustomerEngagement #BusinessGrowth #TheBusinessGrowingPlace
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Is gaining New Customers the only way to Increasing Revenue⁉ Customer Retention is also an excellent method to increase Customer Lifetime Value (CLV). ✨ What is Customer Lifetime Value (CLV)? The Customer Lifetime Value is the total revenue earned by all the transactions that has been made & potential transactions to be made by a Customer, till the timespan when the customer is associated with your business. In simple words, don't only think about Selling once to an Organization and dropping it, instead make your way deeper into the account slowly by Upselling or Cross Selling. ⬆ Customer Retention = ⬆ CLV = ⬆ Revenue #bdr #sdr #sales #ColdCalling #LeadGeneration #BusinessDevelopment #SalesTips #SalesStrategy #SalesSuccess #SalesTraining #SalesSkills #Prospecting #SalesHacks #B2BSales #ClosingDeals #SalesProfessionals #SalesTechniques #OutboundSales #SalesConversion #salesinsights
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🚨 Referrals are a powerful way to drive new sales! SMBs often miss out on valuable customer referrals due to manual processes or lack of encouragement. Automating your referral generation can change that! AccSeller8’s Promoter Solutions offer automated systems that encourage and capture referrals effortlessly, leading to increased customer acquisition and business growth. Here's how: ✅ Effortless Referral Capture: Encourage customers to refer others with automated, easy-to-use system. ✅ Increased Customer Acquisition: Expand your customer base by leveraging the power of referrals. These are typically 'hot' leads since they have been recommended. ✅ Scalable Growth: Build a referral engine that grows alongside your business for sustained success. Learn more about our Promoter Solutions: https://lnkd.in/eac9kS2r Scale your business today with AccSeller8 Promoter Sales Solutions! #ReferralMarketing #CustomerAcquisition #AutomatedReferrals #BusinessGrowth #SalesStrategy
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⚠ Disappearing Prospects! The journey from lead to customer often sees many potential buyers vanish. This might indicate leaks in your acquisition strategy. 💱 The customer acquisition funnel is the key to sales success, guiding leads from awareness to purchase. Are you effectively guiding leads through, or are they slipping away? ↘ Amit Sengupta #Sales #Salessuccess #Leads #Customeracquisition #Unifiedplatform #EchoApp
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#Tips “Always be helping": The new sales mantra! Shifting from the traditional sales mindset to "Always be helping" and focus on meeting the needs of your prospects and providing genuine value. Why adopt "Always be helping"? Cultivates deep trust: Prioritising your prospect’s needs builds a strong foundation of trust, essential for lasting business relationships. Promotes customer loyalty: When clients feel genuinely supported, they are more likely to remain loyal and continue doing business with you. Boosts conversion rates: Addressing specific needs and challenges with tailored solutions increases the likelihood of converting prospects into customers. Encourages word-of-mouth referrals: Happy customers who feel truly helped are more likely to recommend your services to others, driving organic growth. Supports sustainable business growth: Focusing on helping rather than just selling leads to more meaningful client relationships, which are critical for long-term success. Embracing "Always Be Helping" can revolutionise your sales strategy, fostering stronger relationships, increased customer satisfaction, and sustainable business growth! But how do you find enough time to always help your prospects? #SalesTips #CustomerFirst #AlwaysBeHelping #SalesSuccess
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All the Sales people out there know that sales is a journey that evolves and grows over time and needs patience. Find below the three key stages that we should focus on: 1️⃣ Direct Sales is where it all begins, as it involves that initial contact, pitch, and closing the sale. Here, it’s about providing value and establishing trust with your new customer. 2️⃣ Repeated Sales comes after that initial purchase, the goal shifts to retention. A happy customer who trusts your brand will come back for more. Repeated Sales not only increase customer lifetime value but also reinforce your relationship. It’s a sign that you’re doing something right! 3️⃣ Referral Sales is where the magic happens and congratulations as you transformed you customers to your brand ambassadors, as they are so satisfied with your product or service that they’re willing to recommend you to others. This is how you know, you’ve reached a powerful level of trust and credibility. #SalesStrategy #DirectSales #CustomerRetention #ReferralSales #BusinessGrowth #OntimeMedia
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Convert Leads into Sales! Did you know that timely responses to inquiries and meaningful conversations can significantly boost sales? https://lnkd.in/d5MPv5YM • Respond promptly to leads • Understand their needs and pain points • Showcase how your business can help • Build trust and rapport By doing so, you'll: Increase conversion rates Enhance customer satisfaction Build a loyal customer base Stay ahead of the competition Don't let leads slip away! Engage, respond, and convert. #LeadConversion #SalesGrowth #TimelyResponse #CustomerEngagement #MeaningfulConversations #BusinessGrowth #CustomerSatisfaction #SalesTips #MarketingStrategy #ConversionOptimization #LeadNurturing #SalesSuccess #CustomerRelationships #BusinessDevelopment #GrowthHacking #SalesAndMarketing
Convert Leads into Sales #LeadConversion #SalesAndMarketing
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When it comes to new customer acquisition, word-of-mouth still rules the day. In my experience, conversion rates have been 2-3x higher than all other channels. 📈 If a prospect hears about my solution from someone they trust, that person has done most of the “selling” for me. In today’s ultra-noisy world, I think sales teams, businesses, brands, you name it, should double down on the network and referral lead source. An authentic recommendation. Nothing beats it. 🔥
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🚨 Referrals are a powerful way to drive new sales! SMBs often miss out on valuable customer referrals due to manual processes or lack of encouragement. Automating your referral generation can change that! AccSeller8’s Promoter Solutions offer automated systems that encourage and capture referrals effortlessly, leading to increased customer acquisition and business growth. Here's how: ✅ Effortless Referral Capture: Encourage customers to refer others with automated, easy-to-use system. ✅ Increased Customer Acquisition: Expand your customer base by leveraging the power of referrals. These are typically 'hot' leads since they have been recommended. ✅ Scalable Growth: Build a referral engine that grows alongside your business for sustained success. Learn more about our Promoter Solutions: https://lnkd.in/eDSjfNjF Scale your business today with AccSeller8 Promoter Sales Solutions! #ReferralMarketing #CustomerAcquisition #AutomatedReferrals #BusinessGrowth #SalesStrategy
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🎯 Retention is the New Acquisition In sales, we’re often hyper-focused on new business. But here’s a hard truth: 💡 Acquiring a new customer is 5x more expensive than retaining an existing one. Yet, many companies invest more resources into chasing prospects than nurturing relationships with their current clients. 📉 Churn isn’t just a loss of revenue—it’s a failure to maximize Customer Lifetime Value (CLV). The secret to sustainable growth? 👉 Shift from a transactional mindset to a relational one. ✅ Check in, even when you’re not selling. ✅ Offer solutions before clients ask for them. ✅ Turn customer feedback into fuel for improvement. When you prioritize retention: 🔹 Your clients evolve into advocates. 🔹 Referrals increase organically. 🔹 Growth becomes predictable, scalable, and sustainable. Remember: The real value lies in the relationship, not the contract.
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