How I Use Teachery To Sell More to the Customers I Already Have
It’s a proven fact in business that it’s easier to sell more to the customers you already have than it is to constantly be getting new customers.
Here are some interesting stats on this topic:
Acquiring a new customer can cost five times more than retaining an existing customer.
Increasing customer retention by 5% can increase profits from 25-95%.
The success rate of selling to a customer you already have is 60-70%, while the success rate of selling to a new customer is 5-20%.
One customer experience agency found loyal customers are 5x as likely to repurchase, 5x as likely to forgive, 4x as likely to refer, and 7x as likely to try a new offering.
In this video, I share a simple but enticing way to market more to the customers you already have right inside of Teachery.