Monioluwa Lydia’s Post

One advice I feel every business owner should live by is this: Strike a balance while choosing your customers. While it's important to have a checklist of ideal customer traits—such as timely payments and alignment with our values—there are times when we need to be flexible and sell to a broader audience to keep the business running smoothly. Knowing when to pursue selective customer relationships and when to open up to a wider market is key to sustainable growth and success. How do you choose your customers? #BusinessStrategy #CustomerSelection #Entrepreneurship #Flexibility #SustainableGrowth #ClientRelations #BusinessBalance #MarketDynamics

Unlock Business Growth: Know Your Customer Base Now Discover how tracking your customer data can transform your business! In this video, we explore insights from "Traction" by Gino Wickman and share tips on implementing effective strategies. Don’t just chase new clients—maximize your existing ones for ultimate success! #BusinessGrowth #CustomerInsights #DataTracking #Entrepreneurship #TractionBook #GinoWickman #SmallBusinessTips #ClientRetention #LeadGeneration #BusinessStrategy

𝐓𝐡𝐞 𝐟𝐨𝐮𝐫𝐭𝐡 𝐤𝐞𝐲 𝐭𝐨 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐬 𝐭𝐨 𝐚𝐯𝐨𝐢𝐝 𝐜𝐨𝐧𝐟𝐮𝐬𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬. !! 🔰♻ The more varied and complex your offers, the more likely your customers will feel confused or uncertain. which decreases the chance of making a sale.  𝐓𝐡𝐞 𝐦𝐨𝐫𝐞 𝐨𝐩𝐭𝐢𝐨𝐧𝐬, 𝐭𝐡𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐟𝐮𝐬𝐢𝐨𝐧. 𝐈𝐦𝐚𝐠𝐢𝐧𝐞, when was the last time you faced such a situation?  There were so many products in front of you and you can't choose which one you want to buy !!  And after buying one among them … you feel like you want to buy another product. Such an embarrassing moment right? ☹ So as a business, we must  Simplify the process by offering 🔗𝐜𝐥𝐞𝐚𝐫  𝑨nd 🔗𝐥𝐢𝐦𝐢𝐭𝐞𝐝 𝐜𝐡𝐨𝐢𝐜𝐞𝐬. -- For example, provide a 🔗𝐁𝐚𝐬𝐞 𝐯𝐞𝐫𝐬𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐜𝐨𝐯𝐞𝐫𝐬 𝐞𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥 𝐧𝐞𝐞𝐝𝐬, and a  🔗𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐨𝐩𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐚𝐝𝐝𝐞𝐝 𝐯𝐚𝐥𝐮𝐞. By making your offerings easy to understand and giving customers fewer but clearer options, you'll increase their confidence and make it easier for them to buy from you. #strategicplanning #salesgrowth #customeracquisition #marketingtips #businessgrowth #entrepreneurship #businesstips

If you want to increase the value of your customers in your coaching or service-based business, here are 6 tips for you: 1. Increase your prices to make more money. 2. Lower your cost of goods to improve your margins. 3. Increase purchase frequency by reducing churn. 4. Utilize cross sells, upsells, and downsells to sell more to your customers. 5. Offer upsells to sell more of the same thing to your customers. 6. Implement downsells strategically to maximize customer value. I apply ALL of this to my investment strategy and there is not a single day I am not grateful for focusing on increasing customer value. What strategies do you use to increase customer value in your business? #CustomerValue #BusinessGrowth #Entrepreneurship #CoachingBusiness #ServiceBusiness #LifetimeValue #SalesStrategy

𝗣𝗿𝗶𝗰𝗶𝗻𝗴 𝗱𝗶𝗹𝗲𝗺𝗺𝗮𝘀? 𝗛𝗲𝗿𝗲’𝘀 𝗵𝗼𝘄 𝘁𝗼 𝗳𝗶𝗻𝗱 𝘁𝗵𝗲 𝘀𝘄𝗲𝗲𝘁 𝘀𝗽𝗼𝘁. Pricing too high or too low can harm your business. Conduct market research to understand what your competitors are charging and what your customers are willing to pay. Competitive pricing can attract customers while ensuring profitability. Review your pricing strategy regularly and adjust based on market trends and customer feedback. ___ 🔄 𝗥𝗲𝗽𝗼𝘀𝘁 if you found value to share with others in your network! 👣➡️ 𝗙𝗼𝗹𝗹𝗼𝘄 Rajeev Mudumba for more value 2-3x daily! #Planb #Planbsuccess #Entrepreneurship #Business #Growthstrategy

Mindset + Motivation "Start your week with purpose! 💡✨ Every challenge in business is an opportunity to grow. What's one goal you've tackling today? Share stories of customer success, motivational quotes related to your industry, or behind-the-scenes looks at how your team stays driven and focused. Share it below! #MotivationMonday #GrowthMindset #businessowner #salesexpert #salesmotivation #salesconsultant #salesprocess #salessuccess #entrepreneurship #salesmarketing #salesworkout #theacademyforsales #SalesTactics #CloseMoreDeals #IncreaseRevenue

Ever stop to think about what really drives sales beyond just numbers? It's all about the connections we make, understanding people's needs, and building relationships that stand the test of time. Remember that verse in Proverbs 11:26? It talks about how people bless those who sell rather than hoard. Selling isn't just about transactions; it's about blessing others through genuine service and value. Curious to dive deeper into the art of business growth? Join me on a journey of learning and discovery with our How to Grow a Business Book Club. Get on the waitlist today and let's grow together, turning potential into prosperity. Click the link below to register. https://lnkd.in/eddrUkpp #businessgrowth #salessuccess #bookclub #entrepreneurship #smallbusiness #businessdevelopment #financialmanagement #bookkeeping101 #businessstrategy #learningjourney

🔑 Business Tip of the Day 🔑 Consistency is Key: Whether in your brand message, customer service, or product quality, being consistent builds trust with your customers and sets you apart from the competition. What’s one area of your business where you prioritize consistency? Share below! 🌟 #BusinessTips #Consistency #BrandBuilding #Entrepreneurship #CustomerTrust

Here's a thought worth pondering - Is the customer always right? In business, we've been told this time and again. But let's shake things up a bit. Sometimes, customers might not have the right perspective. They may ask for things beyond our scope, misread our services, or expect the impossible. Getting caught in the 'always right' loop can lead us to compromise. Remember, we're the experts. It's our role to guide the customer, educate them, and clear their doubts. As business owners, our aim should be balance. Giving heed to our customers' opinions and also standing firm when needed. This ensures we uphold our quality and build trust. Do you agree? Share your thoughts using #BusinessTalk and #CustomerFirst. Let's open up this conversation! Learn more at https://lnkd.in/gnCayrGW . . . . #CustomerService #BusinessInsights #Entrepreneurship #CustomerRelations #BusinessEthics #CustomerExperience #SmallBusiness #BusinessGrowth #CustomerIsNotAlwaysRight #BusinessDebate #businesscoach #Businessdevelopmentcoach #businessstrategy

Mindset + Motivation "Start your week with purpose! 💡✨ Every challenge in business is an opportunity to grow. What's one goal you've tackling today? Share stories of customer success, motivational quotes related to your industry, or behind-the-scenes looks at how your team stays driven and focused. Share it below! #MotivationMonday #GrowthMindset #businessowner #salesexpert #salesmotivation #salesconsultant #salesprocess #salessuccess #entrepreneurship #salesmarketing #salesworkout #theacademyforsales #SalesTactics #CloseMoreDeals #IncreaseRevenue