How to attract and keep profitable clients - PowerPoint PPT Presentation

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Title:

How to attract and keep profitable clients

Description:

#111 - In this episode, Travis interviews John Jantsch. John is an entrepreneur and an author of marketing books that’s aimed to in helping business owners succeed in their business through effective marketing and guidance. His company Duct Tape Marketing has consulted numerous businesses and allow them to reach their true potential. Travis and John spoke about various topics, all of them aimed at how to effectively use marketing and building relationships that would benefit your company long-term. John shares his ideas on chasing the right client and analyzing beforehand if your client is the right fit for you and share the same goals and objectives as your company does. He also emphasized on the importance of establishing a lead conversion system and track your metrics that would help translate to sales. He also gives his company’s 7 stages in CRM and how it helps gain customers that would then lead to revenue. – PowerPoint PPT presentation

Number of Views:24
Updated: 12 August 2014
Slides: 18
Provided by: EntrepreneursRadio
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Transcript and Presenter's Notes

Title: How to attract and keep profitable clients


1
HOW TO ATTRACT AND KEEP PROFITABLE CLIENTS
  • Discover the kind of approach which always works

Podcast available at TheEntrepreneursRadioShow.com
for full interview with John Jantsch
2
Qualify your clients
  • Be crystal clear on who your client is and who
    is not.
  • Know how to get to those ideal clients

3
STRATEGY before TACTICS Whats that?
  • Understand pricing models within your business
  • Set up campaigns that unfold over a period of
    time

4
STRATEGY before TACTICS Whats that?
  • Many relies on social media
  • Others on advertising
  • Maybe you do need them, maybe you dont

5
Are your customers profitable?
  • Business owners find that there's a 20-25 range
    of their work they shouldn't be doing anymore
    when they rank their customers by profitability

6
Are your customers profitable?
  • The customer is really profitable because they
    follow your system and you are very methodical
    about setting the right expectations.

7
Are your customers profitable?
  • It makes a lot easier to build your business, to
    build your products, your service offerings, your
    campaigns when you know that your customers are
    profitable

8
Are your customers profitable?
  • You now have legitimate reasons and sure makes
    decisions about where you should be
  • Where you should advertise
  • It makes things a lot easier when you know
    exactly who you're trying to talk to.

9
Opportunity cost-higher cost
  • When you're chasing or serving clients that
    aren't the right fit, that aren't profitable,
    you're making a decision about not serving
    somebody else, or at least not going after
    customers that might be the right fit.

10
How to get the trust of people in you and in what
you do
  • If you're putting a lot of information out there
    you're doing a lot of education.
  • You're telling people, this is how we get results
  • You're showing them this is how we've gotten
    results for people, either in writing about it,
    recording videos, doing webinars, doing workshops

11
How to get the trust of people in you and what
you do
  • You need to actually ensure that they're educated
    by creating an entire lead conversion, lead
    generation, lead conversion system that has those
    components as their core elements.

12
Making a business relationship
  • Before, you had to build that personal
    relationship first and then people would start
    talking about what you could do for them in a
    business relationship.
  • Now you have to be able to make the business
    case, whether it's stuff that they're reading
    about you, their friend they're sharing in their
    social networks about you.

13
Struggle of Sales People
  • Instead of just being a relationship builder, you
    have to really think like a marketer and make
    this business case.
  • And then we'll talk about whether or not I want
    to have some sort of personal relationship after
    that.

14
What's changed in sales and marketing?
  • Buying has changed in sales and marketing over
    the last few years
  • And that's what's really dictating a lot of what
    we have to do now.

15
Looking for a better way?
  • A sales and marketing process that involves
    marketing automation is probably a better way of
    really talking about what we need to do today.

16
Using an hourglass in business
  • Puts a lot more emphasis on the customer
    experience after they become a customer
  • You can actually create a better experience if
    you start with the end in mind.

17
THE ENTREPRENEURS RADIO SHOW Conversations
with Self-made Millionaires High-level
Entrepreneurs that Grow Your Business a
production of Rock Star Entrepreneur
Network www.rockstarentrepreneurnetwork.com
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