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Set2Scoreย โขย 3m
๐ฃ๐ฎ๐ฟ๐ฒ๐๐ผ ๐ฝ๐ฟ๐ถ๐ป๐ฐ๐ถ๐ฝ๐น๐ฒ ๐ถ๐ป ๐ฒ๐ป๐๐ฟ๐ฒ๐ฝ๐ฟ๐ฒ๐ป๐ฒ๐๐ฟ๐๐ต๐ถ๐ฝ !! According to the Pareto Principle, around 80% of your revenue, referrals, and repeat business typically comes from just 20% of your customers. These are your โpower customersโ โ loyal buyers, brand advocates, and high spenders. Focusing on them increases revenue without increasing acquisition cost. Step-by-Step Breakdown: 1. Analyze Your Customer Data : Collect data from your CRM, website, or sales system. Look for: Purchase frequency Order size (Revenue per customer) Recency of interaction Referral count (if trackable) 2. Identify the Top 20% Segment : Rank customers by value. Choose the top 20% that bring in the most revenue, engagement, or influence. Use RFM Analysis (Recency, Frequency, Monetary) for precision. 3. Understand Their Behavior : Study what products/services they love. Check their feedback or reviews. Identify what channels they come from (Instagram? LinkedIn? Referrals?) 4. Create a Personalized Loyalty Loop Offer VIP perks: Early access to new features Custom discounts or bundles Handwritten thank-you notes or calls Request feedback to co-create improvements. Encourage referrals with exclusive incentives. 5. Allocate More Resources to This Group : Devote more marketing spend and customer support time to retain them. Run exclusive campaigns or webinars just for them. Feature them in testimonials or case studies to attract more like them. Quick example: A skincare startup found that 15% of their users bought premium kits every 3 months and referred 2+ friends. They created a VIP club just for them, offering personalized skincare routines and early product access. These users started contributing to 65% of revenue growth, without any extra ad spend. Follow me vishakha Jangir for more such business insights.
He who remainsย โขย 1y
How many of you know about (Churn Rate) Churn rate, or customer attrition, measures the percentage of customers who stop using your product or service over a period. It's crucial for businesses, especially those with subscription models, as it direc
See MoreSerious about succes...ย โขย 2m
Tired of treating all your customers like they're the same person? (They're not, we checked!) ๐ This visual explains how AI uses first-party data to create personalized customer journey maps. Because everyone deserves their own VIP path! #Personaliz
See MoreAprameyaAIย โขย 1y
What is Key Performance Indicators (KPIs) for startups ?: where metrics meet mayhem. โค Revenue Growth: If you're not making money, you're just playing entrepreneur. โค Customer Acquisition Cost (CAC): How much cash are you burning to get someone to
See MoreHey I am on Medialย โขย 1y
Ego Marketing: How to Use Pride to Power Your Brand Everyone likes to feel important, and thatโs where ego marketing comes in. Itโs about tapping into the human desire for recognition, validation, status and belonging. Hereโs how it works: 1. Highlig
See MoreLifeโs a buffet, and...ย โขย 6m
Paretoโs Rule: A Startup Conspiracy? They say 80% of results come from just 20% of efforts. Sounds like productivity wisdomโฆ or maybe a cheat code weโve all been ignoring? Think about it: 80% of your revenue โ from 20% of your customers. 80% of yo
See MoreDirector & CEO @ Exc...ย โขย 4m
Decoding Unit Economics for Early-Stage Startups Unit economics is your startupโs compass. It tells you if scaling will make you richโor broke. Hereโs how to decode it, step by step: 1. Define a Unit: This could be a customer, order, or subscriptio
See MoreHouse of jewellery b...ย โขย 7m
The Best Ways to Use Customer Testimonials in Your Marketing Customer testimonials are powerful tools for growing your business. They build trust and encourage others to buy your product or service. Here are the best ways to use them: 1. Add Testimo
See MoreHey I am on Medialย โขย 6m
Most people donโt see skincare resultsโnot because products donโt work, but because they donโt use them consistently. What if skincare came in a structured, pre-measured 7-day kit designed to be effortless and effective? No confusion. No wasted prod
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Faad Networkย โขย 6m
20 CR revenue with just 48 customers daily? Let us look at how. ๐ i) Restaurant Name - Masque in Laxmi Mills, Mumbai ii) Cuisine - Single item - a 10-course meal with beverages iii) Seating Capacity - 48 iv) Weekly Customers - 48 X 7 = 336 v) Year
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