Archive for the 'People Power' Category
Consider the Pareto Optimal Rule when you’re managing your business. The rule works like this: 20% of your customers generate 80% of your business. Or 80% of your sales revenue come from 20% of the customers.
On one current client project, we recently studied our chief competitor’s business. Turns out the competitor generates 80% of its [...]
Posted in Cash Generators, Employees, People Power, Sales Secrets, Selling & Sales: Great Pathways | No Comments
Analyze the cause and effect in your customer interactions and watch your customer loyalty and sales soar!
My nephew, almost 12, went to day camp this summer. He had a great time, although at the end we discovered that his counselors (college age) teased him. Disgraceful. Custom is to tip the counselors because they earn a [...]
Posted in Client Communication, Customer Experience, Customer IS King!!!, Customer Loyalty Programs, Customer Satisfaction, Employees, People Power, Smart Hiring | No Comments
Yesterday morning, my son Mike and I played soccer in our traditional Sunday game. Then I grabbed my favorite: well done bacon (burned!), egg and cheese on a roll for breakfast at my local deli. Umm.
A young man who was a senior at Syracuse University was also ordering. I asked him what he wanted to [...]
Posted in Employees, Smart Hiring, Start Business, letters of recommendation | No Comments
Sometimes, the smallest, seemingly insignificant little extra clinches the sale and locks up customer loyalty and repeat purchases. In other words, a little gesture can make All the difference in the world!
As part of my emergency fund (safety money), I invest in Certificates of Deposit (CDs). Even though the interest rates are relatively low these [...]
Posted in Bonus with Purchase, Customer Experience, Customer Loyalty Programs, Customer Satisfaction, Employees, Refreshing Marketing Ideas, Repeat Purchases, Sales Secrets, Starbucks, State Farm Insurance, dunkin' donuts | No Comments
Sometimes, the smallest, seemingly insignificant act, gesture or word to your customers can catapult your customer service, customer relationships and customer experience to the moon.
Last Friday, I had meetings in New York City and had lunch at “Metro Café,” a salad and sandwich shop; this location was at 839 Seventh Avenue at 53rd Street (zip [...]
Posted in Bonus with Purchase, Client Communication, Customer Experience, Customer IS King!!!, Customer Satisfaction, Employees, Product Value, Refreshing Marketing Ideas, Repeat Purchases, Sales Secrets, Smart Hiring, Value Proposition | No Comments
We proudly bring you another case study about “Company A,” one of our best clients that happens to be run by a savvy woman!!! I mention the founder/CEO’s gender because it’s relevant to this post…
She just emailed me to describe a situation where she’s pitching a marketing package to an internationally recognized businessMan and author. [...]
Posted in Accounting & Finance, Business Math, Case Studies & Real Examples, Client Communication, Company A, Customer Experience, Customer Satisfaction, Employees, Refreshing Marketing Ideas, Sales Secrets, Value Proposition | No Comments
Customer service and the user experience is often driven by the little customer interactions. . . Last Thursday, I called one of my favorite restaurants to make a reservation for dinner Friday. The hostess explained, “We don’t accept reservations for parties of less than 8 or 10 people before the actual day you want to [...]
Posted in Client Communication, Customer Experience, Customer Satisfaction, Employees, Repeat Purchases, Restaurant Biz, Sales Secrets | No Comments
One of the best ways to generate the revenue you deserve is to make sure your employees charge your customers the right prices for all the goods and services they purchase.
I am Not implying that your employees or team members are cheating or stealing from you. Simply put, some things fall through the cracks. . [...]
Posted in Accounting & Finance, Business Math, Cash Generators, Employees, Taxes | No Comments
The more years that go by, the more I believe that successful selling means putting your offer (promotion) in your clients’ hands directly and making sure you communicate your offering clearly and succinctly.
As a writer, author, publisher, and especially a copywriter, I love language, words, phrases and construction…and today’s Revenue Miner post is no [...]
Posted in Client Communication, Copywriting Secrets, Product Positioning, Refreshing Marketing Ideas, Smart Hiring, letters of recommendation | No Comments
Finder’s Fees, those referral fees and referral commissions, put money in your pocket and help you leverage your contacts (monetize your Rolodex) and increase your profits. We love to receive finder’s fees and frankly, almost more important, we love to pay them to other people who send us business. Practically, we can only originate so much [...]
Posted in Business Letters, Case Studies & Real Examples, Company B, Employees, Finder's Fees | No Comments