Maximize and Optimize
This involves taking the resources and assets you already have at your disposal and leveraging
them for even more profitability. Without question, the most valuable resource you have today
is your customer base. You need to implement strategies that increase the average amount a
customer spends with you, or the frequency with which they do business with you, or
identifies opportunities for them to refer your business to you.
1. Pro-Active Referral Systems - referrals are one of the greatest sources of new business for
a company; a referred prospect already has built-in trust and confidence in your business.
Rather than wait for referrals to occur, you can pro-actively and systematically seek them to
grow your business.
2. Joint Ventures - leveraging the relationships you have with other companies so you both
benefit from increased prospects.
3. Perpetual Selling Strategies - designed to get your customers to come back to you, rather
than competitors, for more products and services.
4. Up selling - identifying strategies to increase the amount of customer purchases.