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Hiking your prices rapidly could impact sales or customer loyalty for your business. There are many factors to balance and, even when you’ve decided how much to put prices up, you’ll need to communicate that and find other ways to sweeten the deal for customers. Here's our short article on what to consider in this situation https://buff.ly/4dzEXhR #customer #businessowners #pricing #profitability #financialadvice

Hiking your prices rapidly could impact sales or customer loyalty for your business. There are many factors to balance and, even when you’ve decided how much to put prices up, you’ll need to communicate that and find other ways to sweeten the deal for customers. Here's our short article on what to consider in this situation https://buff.ly/4dzEXhR #customer #businessowners #pricing #profitability #financialadvice

Hiking your prices rapidly could impact sales or customer loyalty for your business. There are many factors to balance and, even when you’ve decided how much to put prices up, you’ll need to communicate that and find other ways to sweeten the deal for customers. Here's our short article on what to consider in this situation https://buff.ly/4dzEXhR #customer #businessowners #pricing #profitability #financialadvice

Hiking your prices rapidly could impact sales or customer loyalty for your business. There are many factors to balance and, even when you’ve decided how much to put prices up, you’ll need to communicate that and find other ways to sweeten the deal for customers. Here's our short article on what to consider in this situation https://buff.ly/4dzEXhR #customer #businessowners #pricing #profitability #financialadvice

4 tips to increase customer purchase frequency in 2024 #1 Implement direct debit, auto-ship or subscription arrangements for recurring order products/services moving forward. #2 Train the team to schedule on-the-spot re-bookings after each service gets completed. #3 Introduce automated email/SMS follow-up and reminders to your existing customer base. #4 Get a team member to follow up with past clients/customers at scheduled intervals for re-orders or re-bookings. Which strategy can you implement the fastest? #profitfirst #cashflow #salestips #businessstrategy

Figure out customer acquisition costs to lifetime value of your customers. Get the ratio right and you can print money. Get it wrong and you fail.

Increase customer purchase frequency... Here are some ideas: Implement direct debit, auto-ship or subscription arrangements for recurring order products/services. Train the team to schedule on-the-spot re-bookings after each service gets completed. Introduce automated email/SMS follow-up and reminders to your existing customer base. Get a team member to follow up with past clients/customers at scheduled intervals for re-orders or re-bookings. Which strategy can you action today? #profitfirst #cashflow #salestips #businessstrategy #salesstrategy

Customer acquisition has a cost. Lower it instantly, by asking two specific focus questions:

🌟 Elevate Your Business with Recurring Payments! 🌟 💳 Steady Income: Ensure a reliable and predictable cash flow for your business. 🤝 Customer Loyalty: Foster lasting relationships and keep customers engaged. 🔧 Operational Efficiency: Streamline billing processes, saving time and resources. 📈 Maximize Revenue: Unlock new opportunities for increased profitability. Ready to enhance your business value? Let's discuss how Recur can make it happen! 💼💳 #Recur #RecurringPayments #BusinessSuccess #Efficiency #CustomerLoyalty #MembershipManagement

Everyone knows that increasing sales and profitability helps, but there are other ways to maximize the value of your company. Long term customer contracts and minimizing customer concentration can help. Let's discuss your individual situation to see other possible strategies. [email protected] #b2bcfo #cashflow #trustedadvisor #cfo