5% increase in retention can increase profitability by up to 95%

QUESTION – how do I maximise the average sale per customer? THOUGHT – think strategically about your business My experience suggests that the average sale per customer is rarely addressed in marketing strategies. Despite the fact that it is central to maximising profitability, I cannot remember seeing the average sale per customer addressed as part […]

QUESTION – how do I maximise the average sale per customer? THOUGHT – think strategically about your business My experience suggests that the average sale per customer is rarely addressed in marketing strategies. Despite the fact that it is central to maximising profitability, I cannot remember seeing the average sale per customer addressed as part of a comprehensive marketing strategy. Maximising the average sale per customer can impact revenue and also the costs associated with securing that revenue. Increasing the average sale per customer will increase revenue without impacting on marketing costs and a range of other expenses. Increasing the average sale per customer is particularly important for resource-starved businesses – including those where the individuals that earn the fees are the ones that have to win the business. I would argue that maximising the average sale per customer is critical for all marketing managers to address and, as I…

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Five Tips For Reducing
The Cost Of Branding.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

1. Get out of the boardroom.

Perhaps the two most concerning issues about branding are the lack of understanding about what brand and branding are and the propensity to develop brands in the boardroom, perhaps with the help of a consultant.....

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