Did you know that on average it costs most businesses 5x more to acquire a new customer than to sell to an existing one? Since you have already invested significant time and money to bring that potential customer to your company, ensuring that you maximize that sales opportunity once they arrive is critical. We've put together some great tips to help you maximize every opportunity that comes through the door.
Tip #1: Increase Your Customers Order Size
What if you could potentially increase the initial order size on some of your transactions? With business financing, you can potentially increase initial purchase amounts by maximizing the total funds that are approved. This allows your customers to realize how the power of financing can help their business grow.
Tip #2: Create a Meaningful Customer Experience
Knowing your customers business is essential to keep them coming back. By doing so, this will help ensure that your customers are buying the equipment that they need and want. It will also allow you to make suggestions related to accessories and other add-on purchases that can be included in a single transaction. With financing, you can leverage their approval amounts and maximize their purchases.
Tip #3: A Happy Customer is a Loyal Customer
It’s true. We all know that the customer experience is crucial to the success of any business. That is why it is essential to show your customers you genuinely care about them. Showing your customers you are invested in their success and growth of their businesses will help you maintain a happy customer. Your number one goal should be to exceed your customers' expectations so that they come back every time.
Are you ready to acquire more customers and keep them coming back? Get your customers to realize the power of financing and how they can be successful with more!