Monday, March 9, 2020

WHEN SOMEONE BUYS START SELLING

When someone buys, then start selling. Think about it, in every single successful business, Take a look at McDonalds every time if you were to order something, their staff is all trained to ask you questions like, "Would you like to have fries with that?", " Would you like to super-size it?" " Would you like to go large?" Now how can we apply that in our business? Ask yourself, who do you think is easier to sell to? Do you think it's easier to sell to a brand new customer, or, to an existing one? Now all of us know, that it's way to easier, way cheaper, in order to market and sell to an existing customer. So think about it, the question you should be asking yourself is, How can you get people to get the initial product, Even if, it means breaking even. Or making a slight loss, so that on the back end, where you can have all these different up-sells, Like what Amazon does through the cross - sells,  Whereby they say people bought these, also bought these items and integrate that with your business.

The question you want to be asking yourself is, How can you retain the customers that you already have, And get them deeper into your sales funnel; Into your business. Because, let me ask you this question, If you have a business right now, How much more would be your business be worth if you were able to keep all of all the customers you ever had before. Here's the problem Most businesses, they're constantly thinking about getting new customers. Fresh visitor's People who have not heard of them before. When that is really just a smaller piece of the equation The much larger piece is : How can you retain your customers better. How can you get better frequency. How can you increase the average value of their shopping cart.

If you are a business owner, if you're an entrepreneur, if you are starting your own business right now, those are the much more important questions you should be asking yourself.

AFTER YOU MAKE A SALE, ASK "WOULD YOU LIKE FRIES WITH THAT?"

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