Presentation is loading. Please wait.

Presentation is loading. Please wait.

The 3 Secrets To Explosive Business Growth in 2016!

Similar presentations


Presentation on theme: "The 3 Secrets To Explosive Business Growth in 2016!"— Presentation transcript:

1 The 3 Secrets To Explosive Business Growth in 2016!
9/14/2018 The 3 Secrets To Explosive Business Growth in 2016! Even When The Economy Stinks, Businesses That Know These Business-Building Secrets Are Booming! Chris Ripley, Strategic Marketing Group,

2 Chris Ripley cripley@smg2.com facebook.com/smgmarketing
@chrisripley – 942 followers – trying to get to 1000

3 About Me 22 years retail marketing, sales, and management
Started Strategic Marketing Group in 2003 MS in 2005 Adjunct prof at CSM and UMUC

4

5 The 3 Secrets To Explosive Business Growth in 2016!
Even When The Economy Stinks, Businesses That Know These Business-Building Secrets Are Booming!

6 Only three ways? YES!

7 #1 Get more customers

8 #2 Get customers To buy more often

9 #3 Get customers To spend more

10 Don’t overlook this… Customers x Items Purchased x Purchase Value = Total Revenue 100 x 5 x $10 = $5000

11 20% Growth in each area… Customers x Items Purchased x Purchase Value = Total Revenue 120 x 6 x $12 = $8640

12 73% Growth Overall Improving slightly in each area creates a compounding effect EVERY business has the opportunity to improve in these three areas Fundamentals may not seem sexy, but they work!

13 How?

14 #1 Get more customers

15 Drive inbound traffic to your business website
1. Get more customers Drive inbound traffic to your business website

16 Search engine optimization
1. Get more customers Search engine optimization

17

18 Who Cares? There are over two billion people online
93% of online experiences begin with a search engine The majority of web traffic is driven by the ‘Big Three’ search engines-Google, Bing and Yahoo (Search Engine Journal)

19 Who Cares? 77% of search engines choose organic over paid listings1
67% choose organic search results when purchasing2 Organic click-through generates 25% higher conversion rates than PPC3 (1,2,3Search Metrics)

20 1. Get more customers marketing

21 What’s more The DMA drove $67.8 billion in sales in 2012 and it’s projected to produce $82.2 billion in sales in 2016.

22 Social media marketing
1. Get more customers Social media marketing

23 Customers WANT YOU on social media
93% of customers expect companies to have a presence on social channels1 85% expect companies to interact with them on those social channels2 (1,2 Cone Business Study on Social Media, 2008)

24 People are talking. Are you part of the conversation?
Social media is not a passing fad! 53% of people on Twitter recommend companies and/or products in their tweets (ROI Research for Performance) The average consumer mentions specific brands over 90 times per week in conversations with friends, family, and co-workers (WOMMA)

25 1. Get more customers Mobile marketing

26 Location-based marketing
From $0 in 2009, location-based marketing is projected to grow to $6 billion in Some restaurants are seeing 65 percent redemption rates from new, real-time geo-targeted ads. (Borrell Associates)

27 Mobile

28 Improve the effectiveness of your promotional efforts
1. Get more customers Improve the effectiveness of your promotional efforts

29 1. Get more customers Track your results and optimize your campaigns

30 1. Get more customers Find new/better places to advertise (social media, mobile, , etc.)

31 1. Get more customers Create stronger, more targeted offers that appeal to more people in your market

32 1. Get more customers Remove the risks associated with buying from you by giving a strong guarantee

33 Build your reputation as an expert
1. Get more customers Build your reputation as an expert

34 1. Get more customers Host a free webinar and demonstrate your expertise

35 1. Get more customers Send weekly educational/ informational newsletters (electronic or print)

36 1. Get more customers Create training/educational resources (video, educational downloads, etc.)

37 1. Get more customers Ask for Referrals

38 #2 Get customers To buy more often

39 2. Get customers to buy more often
Build your list!

40 2. Get customers to buy more often
Create a customer mailing list

41 2. Get customers to buy more often
Send out promotional s to your house list on a regular basis

42 2. Get customers to buy more often
Use scarcity to get customers to act now instead of later (e.g. limited-time promotions)

43 Don’t let them forget you!
2. Get customers to buy more often Don’t let them forget you!

44 2. Get customers to buy more often
Use autoresponder sequences to introduce your prospects to all of your products

45 2. Get customers to buy more often
Broadcast educational content through , social media, and your website

46 2. Get customers to buy more often
Send out birthday cards and holiday cards/gifts

47 2. Get customers to buy more often
Focus on service!

48 2. Get customers to buy more often
Create a culture of service at your business

49 2. Get customers to buy more often
Use customer testimonials in your campaigns and on your website

50 #3 Get customers To spend more

51 Up-sell, cross-sell and bundle
3. Get customers to spend more Up-sell, cross-sell and bundle

52 3. Get customers to spend more
After a person buys one product, up-sell or cross-sell them another related product

53 Bundle products and offer a discount
3. Get customers to spend more Bundle products and offer a discount

54 Use coupons to encourage bigger purchases
3. Get customers to spend more Use coupons to encourage bigger purchases

55 Offer an expensive, premium product or service with a payment plan
3. Get customers to spend more Offer an expensive, premium product or service with a payment plan

56 Tips for success

57 Leverage Technology!

58 How do you eat a whale?

59 Think in 3 phases Before During After

60 Free Resources My book - Leverage your List– My book – Online Marketing Local Presence Score - Constant Contact 60 day trial -

61

62 Questions?


Download ppt "The 3 Secrets To Explosive Business Growth in 2016!"

Similar presentations


Ads by Google