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  • Actual for You - Focus On Repeat Business - For More Profit And An Easier Life

    Recovering From a Career Crisis
    If you have ever experienced any of the following, you have had a career crisis:• Losing your job• Being fired• Burning out• Not wanting to do your job for one more dayA
    s are poison. If a situation arises when you can't deliver, tell the customer up-front, so he can adjust his plans. And stay in touch, no one likes to be neglected.

    Satisfied customers become extremely loyal; when a competitor tries to take your business, your customer will say, 'We already have a good supplier'

    Strategies For Aging ESOPs (Employee Stock Ownership Plans)
    In view of the complexities of the financial accounting and federal tax rules governing ESOPs, many ESOP sponsoring companies lose sight of larger issues and become buried in the technical details of the
    How much time, money and effort does it take to win a new customer? For most businesses, if they can quantify what it costs to acquire a new client, it's considerable.

    You have to advertise, make contact, try and set an appointment, visit, fact-find, draw up a proposal, make a presentation then try to close. Phew, tiring just thinking about all of that! And of course you don't win every job you pitch on, many times all that effort produces no direct payback.

    Now consider how much easier it is dealing with an existing customer. You can get through the 'secretary barrier' and speak to your client without difficulty. If they were happy with the work you have done so far, they'll be receptive to your next proposal. When you have discussions, they will be more frank because they trust you. You are in a good situation to suggest add-ons and price is less of an issue than it was initally because they are confident that your work is good.

    Contrast that with how hard it is getting through to a new prospect and you can see that life is much simpler if you have a stable of happy, repeat customers.

    How do we get to this pleasant situation? The key is to never disappoint your customer - no nasty surprises. If you promise something, do it. Excuses are poison. If a situation arises when you can't deliver, tell the customer up-front, so he can adjust his plans. And stay in touch, no one likes to be neglected.

    Satisfied customers become extremely loyal; when a competitor tries to take your business, your customer will say, 'We already have a good supplier'

    Telling Stories
    Paint the picture for your audience. The more you can create the setting-the sights, the sounds, the smells, the feelings-the more your audience will be drawn in. Remember, you want the experien
    w, tiring just thinking about all of that! And of course you don't win every job you pitch on, many times all that effort produces no direct payback.

    Now consider how much easier it is dealing with an existing customer. You can get through the 'secretary barrier' and speak to your client without difficulty. If they were happy with the work you have done so far, they'll be receptive to your next proposal. When you have discussions, they will be more frank because they trust you. You are in a good situation to suggest add-ons and price is less of an issue than it was initally because they are confident that your work is good.

    Contrast that with how hard it is getting through to a new prospect and you can see that life is much simpler if you have a stable of happy, repeat customers.

    How do we get to this pleasant situation? The key is to never disappoint your customer - no nasty surprises. If you promise something, do it. Excuses are poison. If a situation arises when you can't deliver, tell the customer up-front, so he can adjust his plans. And stay in touch, no one likes to be neglected.

    Satisfied customers become extremely loyal; when a competitor tries to take your business, your customer will say, 'We already have a good supplier'

    Are Leaders Born or Made?
    For centuries people have debated whether leaders are born or made. Several decades ago researchers started trying to answer the question. The debate goes on, even though we know the answer.It tur
    hey were happy with the work you have done so far, they'll be receptive to your next proposal. When you have discussions, they will be more frank because they trust you. You are in a good situation to suggest add-ons and price is less of an issue than it was initally because they are confident that your work is good.

    Contrast that with how hard it is getting through to a new prospect and you can see that life is much simpler if you have a stable of happy, repeat customers.

    How do we get to this pleasant situation? The key is to never disappoint your customer - no nasty surprises. If you promise something, do it. Excuses are poison. If a situation arises when you can't deliver, tell the customer up-front, so he can adjust his plans. And stay in touch, no one likes to be neglected.

    Satisfied customers become extremely loyal; when a competitor tries to take your business, your customer will say, 'We already have a good supplier'

    Running A Business Economically
    The business in the 21st century is far from what it was 200+ years ago. Centuries ago business was mainly traditional. With people or organizations trading goods with other parties for their goods. Now bu
    /p>

    Contrast that with how hard it is getting through to a new prospect and you can see that life is much simpler if you have a stable of happy, repeat customers.

    How do we get to this pleasant situation? The key is to never disappoint your customer - no nasty surprises. If you promise something, do it. Excuses are poison. If a situation arises when you can't deliver, tell the customer up-front, so he can adjust his plans. And stay in touch, no one likes to be neglected.

    Satisfied customers become extremely loyal; when a competitor tries to take your business, your customer will say, 'We already have a good supplier'

    Business Structure and Financing
    The most common business structures are proprietorships, partnerships, and corporations. A proprietorship is simply a one-owner business. It is the most prevalent form (on the order of 70% of all busines
    s are poison. If a situation arises when you can't deliver, tell the customer up-front, so he can adjust his plans. And stay in touch, no one likes to be neglected.

    Satisfied customers become extremely loyal; when a competitor tries to take your business, your customer will say, 'We already have a good supplier'. And they will spread the word about you too.

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