With out this...you may possibly as well quit your network marketingenterprise!
"The fortune is during the follow-up," and "The funds is during the list," are phrases which could truly be a source of endless profits, or fatal earnings leakage for a Multi level marketing business.
I know you've possibly heard this before, but I recently spoke to a multi-level marketer about exactly the same topic, and realized that the trouble is still very widespread in the industry.
So let me be very clear on this:
In case you adequately follow-up with customers, you can see a near INSTANTANEOUS raise in annual earnings by 25 - 95%!
How significantly of the difference would an boost of 75% in pure income make within your existing network marketing company?
How can I be so confident about this reality?
Because the numbers speak for themselves:
1) Study conducted by Bain & Company found that an increase of 5% in customer retention can raise earnings by 25% to 95%
2) The same study found that it costs six to seven times more to gain a new customer than to keep an existing one.
3) According to Bain & Company, "US companies lose 50% of their customers every 5 years."
4) "Companies that make customer service a high priority see twelve times the return on sales than those companies with a low emphasis on service." -International Customer Service Association
5) "Two-thirds (or 66%) of consumers do not feel valued by those serving them." - Mark Stevens, Author
Can you see how important it is that you FOLLOW-UP with not only "hot leads," but also your existing customer base?
When was the last time you sent a message to your existing consumers to thank them for their business?
When was the last time you asked your clients what areas of your approach THEY felt could be improved or changed?
Just taking the time to do small things to show that you value your buyers will GUARANTEE you not only see increased earnings, but will also reduce your need to spend MORE on marketing to REPLACE the consumers that have decided to take their income elsewhere.
The best part is, there is software and programs that will allow you to do all of this AUTOMATICALLY, so that you don't have to spend any time sending out each message one-by-one.
Take your business' income to the next level, and create a system for following-up with your past and present customers before it comes back to hurt you.
"The fortune is during the follow-up," and "The funds is during the list," are phrases which could truly be a source of endless profits, or fatal earnings leakage for a Multi level marketing business.
I know you've possibly heard this before, but I recently spoke to a multi-level marketer about exactly the same topic, and realized that the trouble is still very widespread in the industry.
So let me be very clear on this:
In case you adequately follow-up with customers, you can see a near INSTANTANEOUS raise in annual earnings by 25 - 95%!
How significantly of the difference would an boost of 75% in pure income make within your existing network marketing company?
How can I be so confident about this reality?
Because the numbers speak for themselves:
1) Study conducted by Bain & Company found that an increase of 5% in customer retention can raise earnings by 25% to 95%
2) The same study found that it costs six to seven times more to gain a new customer than to keep an existing one.
3) According to Bain & Company, "US companies lose 50% of their customers every 5 years."
4) "Companies that make customer service a high priority see twelve times the return on sales than those companies with a low emphasis on service." -International Customer Service Association
5) "Two-thirds (or 66%) of consumers do not feel valued by those serving them." - Mark Stevens, Author
Can you see how important it is that you FOLLOW-UP with not only "hot leads," but also your existing customer base?
When was the last time you sent a message to your existing consumers to thank them for their business?
When was the last time you asked your clients what areas of your approach THEY felt could be improved or changed?
Just taking the time to do small things to show that you value your buyers will GUARANTEE you not only see increased earnings, but will also reduce your need to spend MORE on marketing to REPLACE the consumers that have decided to take their income elsewhere.
The best part is, there is software and programs that will allow you to do all of this AUTOMATICALLY, so that you don't have to spend any time sending out each message one-by-one.
Take your business' income to the next level, and create a system for following-up with your past and present customers before it comes back to hurt you.
About the Author:
Discover the secret top leaders in network marketing businesses don't want you to know...mlm lead system pro
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