As the holiday season comes to an end, so does what some businesses consider to be the spending season. Many businesses realize 150 - 500% of their monthly revenue during these months. Caught up in the joy and celebration of the holidays, customers cannot wait to spend their money but come January, they apply the brakes and without proper positioning, spending screeches to a slow dribble. Many businesses find their monthly revenues dropping by 75% or less and blame it on the Christmas spending glut. But it doesn't have to be so. You can take steps to secure customers and keep revenue flowing, taking control of your bottom line even in the dry months.
WaveToGet business owners average a minimum of 530% on their investment within a few weeks. Ten out of twenty-seven industries who we represent average over 1000% return on their investment with any of our gift, loyalty, and reward programs. How does this work, you might ask? The math is easy! Business owners should know two numbers - the dollar value of the average client and the cost to acquire a new client. Using our Custom Tailored Marketing Inquiries, we can help you find these numbers.
Here is an example of how our system works. Let's call the client 'Business A', a business in the Medical Spa Industry. The average customer value is $673.00. The cost to acquire a new customer is $275.00. The client invests $1,995.00 in WaveToGet's Gold Plan, one of our four standard packages. This plan has an average ROI of 770% and includes unlimited email and telephone support, a monthly e-blast campaign of up to 2000 emails and one year of software upgrades.
Within four weeks, Business A has 53 new customers with our system. Remember, each of these is worth $673.00 in customer value, so new potential profit is $35,669.00. Client acquisition cost reduction is $14,575.00 (53 customers $275.00 each to acquire). Cost reduction alone amounts to a whopping 720% ROI!! How would that impact your business after the holidays?
At WaveToGet, we want to help your business succeed in ways you may never have imagined all through the year. Contact us to get started and make the months after the winter holidays something to look forward to!
