Monday, April 21, 2008

Tip of the Week: Rewarding loyal customers

Here's our Essential Entrepreneur Business Tip of the Week.
This week we’re talking about incentives for your loyal customers.
For retailers, sticker prices are what one-time customers pay.
Customers earn discounts based on their volume of business.
For service providers, utility companies are a good model.
Offer savings to your customers with a 12-month agreement.
This evens out their monthly payments.
It lets you perform the services as needed.
If you’re in landscaping, you work hard for the money in the summer.
While you’re in the Bahamas in January, the money keeps rolling in.
You’ve guaranteed your business a steady cash flow all year round.
If you have questions, contact me at Jerry@JerryBellune.com
For more tips, see our new “Doing More With Less” workbook.
It’s available at http://www.JerryBellune.com
For a video Tip of the Week, go to http://www.profitabilitychannel.com/program_detail.php?ep=2177
Next Monday: How to track loyalty.

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