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The 3 Secrets To
Explosive Business
Growth in The Next Year!
Even When The Economy Stinks, Businesses That
Know These Business-Building Secrets Are
Booming!
Only three ways?
#1
Get more customers
#2
Get customers
To buy more often
#3
 Get customers
 To spend more
20% Growth in each area…
Customers x Items Purchased x Purchase Value = Total Revenue

120 x 6 x $12 = $8640
Don’t overlook this…
Customers x Items Purchased x Purchase Value = Total Revenue

100 x 5 x $10 = $5000
73% Growth Overall
• Improving slightly in each area creates a compounding effect
• EVERY business has the opportunity to improve in these three areas
• Fundamentals may not seem sexy, but they work!
How?
#1
Get more customers
1. Get more customers




         Drive inbound traffic to your
         business website.
1. Get more customers



          Search engine optimization
Who Cares?
• There are over two billion people online
• 93% of online experiences begin with a search engine
• The majority of web traffic is driven by the ‘Big Three’
  search engines-Google, Bing and Yahoo

                                               (Search Engine Journal)
Who Cares?
• 77% of search engines choose organic over paid listings1
• 67% choose organic search results when purchasing2
• Organic click-through generates 25% higher conversion
  rates than PPC3

                                                (1,2,3Search Metrics)
1. Get more customers



                Email marketing
What’s more
The DMA projects email to drive $67.8 billion in sales in 2012
and $82.2 billion in sales in 2016.
1. Get more customers



            Social media marketing
Customers WANT YOU on social media
• 93% of customers expect companies to have a presence on social
  channels1
• 85% expect companies to interact with them on those social channels2

                                           (1,2 Cone Business Study on Social Media, 2008)
People are talking. Are you part of the
conversation?
• Social media is not a passing fad!
• 53% of people on Twitter recommend companies and/or products in
  their tweets (ROI Research for Performance)
• The average consumer mentions specific brands over 90 times per week
  in conversations with friends, family, and co-workers (WOMMA)
1. Get more customers



               Mobile marketing
Location-based marketing
From $0 in 2009, location-based marketing is projected to
grow to $6 billion in 2015. Some restaurants are seeing 65
percent redemption rates from new, real-time geo-targeted
ads.

                                                (Borrell Associates)
Mobile advertising
1. Get more customers




         Improve the effectiveness of your
         promotional efforts.
1. Get more customers




  Track your results and optimize your campaigns
1. Get more customers




  Find new/better places to advertise (social media,
  mobile, email, etc.)
1. Get more customers




  Create stronger, more targeted offers that appeal
  to more people in your market
1. Get more customers




  Remove the risks associated with buying from you
  by giving a strong guarantee
1. Get more customers




      Build your reputation as an expert
1. Get more customers




  Host a free webinar and demonstrate your expertise
1. Get more customers




      Send monthly educational/informational newsletters
      (electronic or print)
1. Get more customers




   Create training/educational resources (video,
   educational downloads, etc.)
#2
 Get customers
 To buy more often
2. Get customers to buy more often




              Build your list!
2. Get customers to buy more often




          Create a customer mailing list
2. Get customers to buy more often




Send out promotional emails to your house list on a
more frequent basis
2. Get customers to buy more often




Use scarcity to get customers to act now instead of
later (e.g. limited-time promotions)
2. Get customers to buy more often




            Don’t let them forget you!
2. Get customers to buy more often




Use autoresponder email sequences to introduce
your prospects to all of your products
2. Get customers to buy more often




Broadcast educational content through email, social
media, and your website
2. Get customers to buy more often




  Send out birthday cards and holiday cards/gifts
2. Get customers to buy more often




            Focus on service!
2. Get customers to buy more often




     Create a culture of service at your business
2. Get customers to buy more often




     Use customer testimonials in your email campaigns
     and on your website
#3
 Get customers
 To spend more
3. Get customers to spend more




        Up-sell, cross-sell and bundle
3. Get customers to spend more




     After a person buys one product, up-
     sell or cross-sell them another
     related product
3. Get customers to spend more




     Bundle products and offer a discount
3. Get customers to spend more




 Use coupons to encourage bigger purchases
3. Get customers to spend more




  Offer an expensive, premium product or
  service with a payment plan
Tips for success
Leverage Technology!
How do you eat a whale?
Think in 3 phases

Before During After
Call Becky at 520-820-4014 to help
 you implement these strategies.

www.spiritdmarketingcoach.com

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D4 Wu 3 Ways To Ignite Growth Editable(1)

  • 1. The 3 Secrets To Explosive Business Growth in The Next Year! Even When The Economy Stinks, Businesses That Know These Business-Building Secrets Are Booming!
  • 5. #3 Get customers To spend more
  • 6. 20% Growth in each area… Customers x Items Purchased x Purchase Value = Total Revenue 120 x 6 x $12 = $8640
  • 7. Don’t overlook this… Customers x Items Purchased x Purchase Value = Total Revenue 100 x 5 x $10 = $5000
  • 8. 73% Growth Overall • Improving slightly in each area creates a compounding effect • EVERY business has the opportunity to improve in these three areas • Fundamentals may not seem sexy, but they work!
  • 11. 1. Get more customers Drive inbound traffic to your business website.
  • 12. 1. Get more customers Search engine optimization
  • 13.
  • 14. Who Cares? • There are over two billion people online • 93% of online experiences begin with a search engine • The majority of web traffic is driven by the ‘Big Three’ search engines-Google, Bing and Yahoo (Search Engine Journal)
  • 15. Who Cares? • 77% of search engines choose organic over paid listings1 • 67% choose organic search results when purchasing2 • Organic click-through generates 25% higher conversion rates than PPC3 (1,2,3Search Metrics)
  • 16. 1. Get more customers Email marketing
  • 17. What’s more The DMA projects email to drive $67.8 billion in sales in 2012 and $82.2 billion in sales in 2016.
  • 18. 1. Get more customers Social media marketing
  • 19. Customers WANT YOU on social media • 93% of customers expect companies to have a presence on social channels1 • 85% expect companies to interact with them on those social channels2 (1,2 Cone Business Study on Social Media, 2008)
  • 20. People are talking. Are you part of the conversation? • Social media is not a passing fad! • 53% of people on Twitter recommend companies and/or products in their tweets (ROI Research for Performance) • The average consumer mentions specific brands over 90 times per week in conversations with friends, family, and co-workers (WOMMA)
  • 21. 1. Get more customers Mobile marketing
  • 22. Location-based marketing From $0 in 2009, location-based marketing is projected to grow to $6 billion in 2015. Some restaurants are seeing 65 percent redemption rates from new, real-time geo-targeted ads. (Borrell Associates)
  • 24. 1. Get more customers Improve the effectiveness of your promotional efforts.
  • 25. 1. Get more customers Track your results and optimize your campaigns
  • 26. 1. Get more customers Find new/better places to advertise (social media, mobile, email, etc.)
  • 27. 1. Get more customers Create stronger, more targeted offers that appeal to more people in your market
  • 28. 1. Get more customers Remove the risks associated with buying from you by giving a strong guarantee
  • 29. 1. Get more customers Build your reputation as an expert
  • 30. 1. Get more customers Host a free webinar and demonstrate your expertise
  • 31. 1. Get more customers Send monthly educational/informational newsletters (electronic or print)
  • 32. 1. Get more customers Create training/educational resources (video, educational downloads, etc.)
  • 33. #2 Get customers To buy more often
  • 34. 2. Get customers to buy more often Build your list!
  • 35. 2. Get customers to buy more often Create a customer mailing list
  • 36. 2. Get customers to buy more often Send out promotional emails to your house list on a more frequent basis
  • 37. 2. Get customers to buy more often Use scarcity to get customers to act now instead of later (e.g. limited-time promotions)
  • 38. 2. Get customers to buy more often Don’t let them forget you!
  • 39. 2. Get customers to buy more often Use autoresponder email sequences to introduce your prospects to all of your products
  • 40. 2. Get customers to buy more often Broadcast educational content through email, social media, and your website
  • 41. 2. Get customers to buy more often Send out birthday cards and holiday cards/gifts
  • 42. 2. Get customers to buy more often Focus on service!
  • 43. 2. Get customers to buy more often Create a culture of service at your business
  • 44. 2. Get customers to buy more often Use customer testimonials in your email campaigns and on your website
  • 45. #3 Get customers To spend more
  • 46. 3. Get customers to spend more Up-sell, cross-sell and bundle
  • 47. 3. Get customers to spend more After a person buys one product, up- sell or cross-sell them another related product
  • 48. 3. Get customers to spend more Bundle products and offer a discount
  • 49. 3. Get customers to spend more Use coupons to encourage bigger purchases
  • 50. 3. Get customers to spend more Offer an expensive, premium product or service with a payment plan
  • 53. How do you eat a whale?
  • 54. Think in 3 phases Before During After
  • 55. Call Becky at 520-820-4014 to help you implement these strategies. www.spiritdmarketingcoach.com

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