Find the goldmine within your business
Using a current customer breakdown can help you find the goldmine within your business by determining who should be the focus of its marketing efforts in the future. There is a gold mine at the time and you may or may not see it … is your customer base! But all of them? No – definitely not. So what the hell am I talking about?
You probably already have some large customers, probably not as much as you want though. So how do you go about finding more of the types of clients that make it worthwhile to open their doors every day? The first step is to find out everything you can about the customers you have. Here’s how to get started:
1. Obtain accurate sales numbers – How do you determine what a customer “good” is? Chances are a loyal customer who keeps coming back to spend money with your business. So the first step you should take to determine how many sales each customer has and what the total revenue for each customer has provided. Read more »
