Five Steps to Rev Up Your Revenue Machine
Want to send sales through the roof? Try these methods,
which marketing consultant Tom St. Louis of Zerald Communications in
Toronto says work with SME clients and has been has proven to boost
your revenue by 100 per cent in 26 weeks.
• Indentify the value of your product: What do you offer that is so valuable? Who wants it and will pay for it? How do you let them know? Improving your answers to these questions will increase sales exponentially.
• Try the 100 invoice exercise: Scan 100 invoices, noting which deals made good margin from satisfied customers who were easy to work with. Then recall the factors that impacted those sales. This process reveals what drives your best sales, do more of that!
• Communicate regularly with current and former clients: Offer them something with value, such as an invite to an event, news on your industry, or a free estimate. Make it super-easy to buy from you: Be easy to reach and always answer queries quickly and politely.
• Solicit referrals: Try to sit with clients while they go through their contact manager – you might get 100 referrals from that single meeting.
From the “Great Big Idea Guide,” by Kara Kuryowiz ( November 2002). Profit magazine, May 2007.
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