You might be wondering how exactly you can attain such groundbreaking growth. <\/span><\/p>\n \u00a0<\/p>\n The path to increasing your business by 33% is filled with actionable strategies, innovative approaches, and untapped potential just waiting to be explored. <\/span><\/p>\n Ready? <\/span><\/p>\n \u00a0<\/p>\n You can approach this tactic in a few ways to suit your business model and customer base best: <\/span><\/p>\n Example:<\/strong><\/span><\/p>\n Imagine a business coach:<\/span><\/p>\n The business, which offers professional development workshops, currently charges $200 per participant. With an average attendance of 50 participants per workshop, the revenue per session is $10,000 ($200 * 50).<\/span><\/p>\n By implementing a 10% price increase, the charge per participant would rise to $220 ($200 + $20). Assuming the attendance remains constant at 50 participants, the new revenue per workshop would be $11,000 ($220 * 50). <\/span><\/p>\n If most people were willing to pay $200, they wouldn\u2019t blink an eye at $220. Wouldn\u2019t you?<\/span><\/p>\n \u00a0<\/p>\n Acquiring 10% more customers is a critical step toward achieving your goal of 33% growth. <\/span><\/p>\n This task can be approached through three main strategies: Referrals, Outbound Selling, and Inbound Marketing. <\/span><\/p>\n Each strategy requires a tailored approach and presents unique growth opportunities. <\/span><\/p>\n Here\u2019s how to get started with each:<\/span><\/p>\n Referral Programs:<\/strong><\/span> Encourage your existing customers to refer new customers by offering incentives for the referee and the referrer. <\/span><\/p>\n Easy Start:<\/em><\/span> Create a simple referral form and email it to your current customers, explaining the benefits for them and the person they refer. <\/span><\/p>\n Cold Emailing and Calling:<\/strong><\/span> Reach out to potential customers who fit your ideal customer profile but are not currently in your network. <\/span><\/p>\n Easy Start:<\/em><\/span> Identify 10 potential businesses each week and send personalized emails or make calls introducing your offering.<\/span><\/p>\n Social Selling<\/strong><\/span>: Leverage social media platforms to engage with potential customers and showcase your products or services. <\/span><\/p>\n Easy Start:<\/em><\/span> Start building your brand on LinkedIn by writing great content (daily). From there, connect with your target audience and strike up great conversations. <\/span><\/p>\n There are TONS of ways to do inbound marketing. <\/span><\/p>\n If you\u2019re not currently doing inbound marketing, get started. <\/span><\/p>\n If you are doing some of these methods, expand into others. <\/span><\/p>\n SEO: <\/strong><\/span>Optimize your website to rank higher on search engine results, making it easier for potential customers to find you. <\/span><\/p>\n Easy Start:<\/em><\/span> Include relevant keywords in your website\u2019s titles, headers, and content.<\/span><\/p>\n AdWords:<\/strong><\/span> Google AdWords allows you to skip the line and pay for placement at the top of Google\u2019s SERPs (search engine results pages). <\/span><\/p>\n Easy Start:<\/em><\/span> Start with a small budget ($500\/month) to test different keywords and ad copy to see what brings the best results.<\/span><\/p>\n Email Newsletter: Keep your customers engaged and informed by regularly sending out an email newsletter with updates, offers, and useful information.<\/span><\/p>\n Easy Start:<\/em><\/span> Set up an opt-in form on your website. From there, write a weekly email newsletter in your niche. <\/span><\/p>\n Organic Social: Leverage social media platforms to build relationships and communicate with your audience without paid advertising.<\/span><\/p>\n Easy Start:<\/em><\/span> Choose one social media platform where your target audience is most active and post valuable content daily.<\/span><\/p>\n All of these are easy to say and hard to do. Get started today. <\/span><\/p>\n \u00a0<\/p>\n Encouraging customers to buy more often boosts sales and deepens customer loyalty and engagement. <\/span><\/p>\n Here are some practical ways to encourage customers to make purchases more frequently:<\/span><\/p>\n Offer customers an upgraded or premium version of the product they\u2019re interested in at the point of sale. <\/span><\/p>\nIncrease Your Prices by 10%<\/span><\/h3>\n
<\/div>
\n
Get 10% More Customers<\/span><\/h3>\n
<\/div>
Referrals: <\/span><\/h4>\n
Outbound Selling:<\/span><\/h4>\n
Inbound Marketing<\/span><\/h4>\n
Increase Buying Frequency by 10%<\/span><\/h3>\n
<\/div>
Upselling:<\/span><\/h4>\n