Right now, you’re probably trying to find some ways your business can increase sales – and it doesn’t hurt if those options are low or zero cost, right? While a robust sales team can make an enormous difference within the bottom line, you don’t want to ignore how the remainder of your business can increase sales also. Here are a couple of ideas for driving more sales to assist your business to grow without breaking the bank.
1. HOW TO INCREASE SALES THROUGH EXISTING CUSTOMERS
Your existing customers should be the primary priority when attempting to spice up sales. They’ve already shown a willingness to offer you money in exchange for products or services, which shows that they trust you. If you probably did a superb job when serving them, then they ought to be primed to try to do more business with you.
Here are some compelling stats from Businesss2Community in support of existing customers being your biggest driver of sales:
- 65% of your sales will come from existing customers.
- The probability of selling to an existing customer is 60-70%, compared to 5-20% for brand spanking new prospects.
- Existing customers are 50% more likely than prospects to undertaking out your new products.
- 80% of your future profits will come from just 20% of your existing customers.
- Repeat customers spend a mean of 31% quite first-time customers.
- PAY ATTENTION TO THE EXISTING CUSTOMER BEHAVIOR
- ASK FOR FEEDBACK
- RUN REGULAR PROMOTIONS
Sales and marketing promotions are an excellent thanks to rewarding your current customers and increase sales. Whether you hold them once a month, once 1 / 4, or whatever is sensible for you, you would like it to be regular.Once you determine a rhythm with them, customers will start to seem forward to them. The more they anticipate interacting with you within the future, the higher. Plus, they will let others realize your promotions beforehand. These referrals should cause a bigger customer base and subsequently, more sales.
HOW TO INCREASE SALES WITH NEW CUSTOMERS
- DO A CONTENT AUDIT
Take a deep dive into your current website, mailers, flyers, or other sales and marketing materials. Are you that specializes in features quite benefits? If so, you’ll want to place the eye on how your product or service will make your customers’ lives easier, cheaper, or happier. Here’s an example of adjusting a feature into a benefit. instead of, “24-hour technical service,” emphasize that your customers should, “Never worry about technical glitches because we’re just a call away at any time.”
- CREATE PACKAGES, DEALS & BUNDLES
Sometimes, you only need a special approach. a method to accomplish that's to seem for creative ways to mix services into a package or multiple products into a bundle. You can either put together similar services (like a combo interior and exterior car wash) or different types of services that might allow your customer to urge an excellent deal while checking multiple items off their to-do list (like a reduced – or free – basic car wash after an oil change). you'll do an equivalent for products. With packages and bundles, your customers will appreciate the convenience of the whole package. Plus, they’ll desire they're getting more for his or their money (which we all want). Just make certain to cost your bundles accordingly, and don’t discount your products such a lot that you simply decrease their perceived value. Having a selected reason for a deal (like inventory surplus or a replacement product line) can explain the discount and still create interest.
- BRUSH UP ON YOUR SALES SKILLS
Advertising and outreach can usher in more leads and transform them from cold to consider hot. When it comes time for conversion, however, you continue to need to sell to your customers. You’ve done all the work to urge them able to buy, but that isn’t the finishing line. Revisit the sales essentials to form sure you don’t lose prospects within the final stages of the method. this will include taking a glance at your lead management system to make sure you've got a process in situ for following up with leads, offering a special incentive to shut the deal, and more
- HOW TO INCREASE SALES THROUGH SOCIAL MEDIA
As social media platforms still expand and multiply, they supply new avenues for reaching and nurturing your audience. Ultimately, which will cause more sales. And immediately may be a great time to in selling through social media when numerous consumers are spending plenty of your time on these channels.
- USE SOCIAL MEDIA ADVERTISING
Most social media sites know tons about their users. A lot. you'll use that data to assist get your message ahead of the proper eyes with laser precision. If you haven’t already, you’ll want to create a social media marketing campaign and begin to check
- PROMOTE YOUR DEALS ON SOCIAL MEDIA
While not everyone on social media is looking to shop for (not when there are numerous cat videos to watch), it is often an efficient thanks to using promotions. Everyone loves an honest deal! Giveaways or special deals are more likely to grab your audience’s attention, which may cause more sales.
Take a deep dive into your current website, mailers, flyers, or other sales and marketing materials. Are you that specializes in features quite benefits? If so, you’ll want to place the eye on how your product or service will make your customers’ lives easier, cheaper, or happier. Here’s an example of adjusting a feature into a benefit. instead of, “24-hour technical service,” emphasize that your customers should, “Never worry about technical glitches because we’re just a call away at any time.”
- CREATE PACKAGES, DEALS & BUNDLES
Sometimes, you only need a special approach. a method to accomplish that's to seem for creative ways to mix services into a package or multiple products into a bundle. You can either put together similar services (like a combo interior and exterior car wash) or different types of services that might allow your customer to urge an excellent deal while checking multiple items off their to-do list (like a reduced – or free – basic car wash after an oil change). you'll do an equivalent for products. With packages and bundles, your customers will appreciate the convenience of the whole package. Plus, they’ll desire they're getting more for his or their money (which we all want). Just make certain to cost your bundles accordingly, and don’t discount your products such a lot that you simply decrease their perceived value. Having a selected reason for a deal (like inventory surplus or a replacement product line) can explain the discount and still create interest.
- BRUSH UP ON YOUR SALES SKILLS
Advertising and outreach can usher in more leads and transform them from cold to consider hot. When it comes time for conversion, however, you continue to need to sell to your customers. You’ve done all the work to urge them able to buy, but that isn’t the finishing line. Revisit the sales essentials to form sure you don’t lose prospects within the final stages of the method. this will include taking a glance at your lead management system to make sure you've got a process in situ for following up with leads, offering a special incentive to shut the deal, and more
- HOW TO INCREASE SALES THROUGH SOCIAL MEDIA
As social media platforms still expand and multiply, they supply new avenues for reaching and nurturing your audience. Ultimately, which will cause more sales. And immediately may be a great time to in selling through social media when numerous consumers are spending plenty of your time on these channels.
- USE SOCIAL MEDIA ADVERTISING
Most social media sites know tons about their users. A lot. you'll use that data to assist get your message ahead of the proper eyes with laser precision. If you haven’t already, you’ll want to create a social media marketing campaign and begin to check
- PROMOTE YOUR DEALS ON SOCIAL MEDIA
While not everyone on social media is looking to shop for (not when there are numerous cat videos to watch), it is often an efficient thanks to using promotions. Everyone loves an honest deal! Giveaways or special deals are more likely to grab your audience’s attention, which may cause more sales.
Advertising and outreach can usher in more leads and transform them from cold to consider hot. When it comes time for conversion, however, you continue to need to sell to your customers. You’ve done all the work to urge them able to buy, but that isn’t the finishing line. Revisit the sales essentials to form sure you don’t lose prospects within the final stages of the method. this will include taking a glance at your lead management system to make sure you've got a process in situ for following up with leads, offering a special incentive to shut the deal, and more
- HOW TO INCREASE SALES THROUGH SOCIAL MEDIA
- USE SOCIAL MEDIA ADVERTISING
- PROMOTE YOUR DEALS ON SOCIAL MEDIA