Are you looking for growth in the wrong place?

Loyal customers are easy to take for granted

When you're trying to grow a business, it's natural to focus attention on winning new customers.

New leads. New opportunities. New conversations.

Meanwhile, the customers who already buy from you keep quietly getting on with it.

And that's where there's a risk.

The customers who cause the fewest problems, buy regularly and seem perfectly happy can become almost invisible. You know they're there, but because they don't demand much attention, it's easy to assume they'll always be there.

Loyalty isn't the same as being locked in

A customer who has stayed with you for years may genuinely value the relationship.

But that doesn't mean they aren't noticing what competitors are doing.

A competitor who takes an interest in them, brings them a new idea or simply makes them feel more valued can suddenly give that customer a reason to question a relationship they hadn't previously considered changing.

That doesn't mean you need a complicated loyalty programme or a constant stream of discounts and incentives.

It means making sure your existing customers know their business still matters to you.

Do you know which customers matter most?

Not all customers are equally valuable, and value isn't simply about who spends the most.

Some stay longer. Some are more profitable. Some buy several services. Some introduce you to other good customers. Some are simply an excellent fit for the kind of work you want more of.

Understanding that helps you decide where to invest your time and attention.

It also helps you spot opportunities that might otherwise be missed.

Are your best customers aware of everything you could help them with? Have their needs changed since you started working together? Is there another problem you could solve? When did somebody last have a proper conversation with them rather than simply discussing the work already underway?

Don't wait until they're thinking about leaving

One of the worst times to discover how a customer feels about your business is when they've already decided to go elsewhere.

You don't need to constantly ask whether they're happy. In fact, that question rarely tells you very much.

Instead, keep the relationship alive.

Talk to them. Ask what's changing in their business. Find out what they're trying to achieve. Share ideas when you genuinely have something useful to contribute. Make sure you're still delivering what they value rather than what you've always delivered.

And occasionally, simply let them know you appreciate their business.

Growth may already be sitting inside your customer base

Acquiring new customers matters.

But before putting all your attention and budget into finding more of them, understand the customers you've already got.

Who are the most valuable? Why do they stay? What else might they need? What could put the relationship at risk? And are you giving your best customers enough reason to keep choosing you?

Sometimes the next growth opportunity isn't a new lead.

It's a customer who already knows you, trusts you and would happily buy more if somebody had the right conversation.

If you're looking for growth but aren't sure you're making enough of the customer relationships you already have, let's have a conversation.

Nicky Parker

Hi

I work with SMEs to deliver everything from strategy and planning to a fully outsourced marketing department for those who don’t want to do marketing in house.

Think of me as your Virtual Marketing Director.

As well as building Squarespace websites, we can help you with content, email marketing, blogging and social media as well as traditional marketing too.

We’ll even help you to work out what’s working and what needs fixing too.

I’d love to have a chat if you want some advice on a specific issue, so why not give us a call?

I look forward to talking soon.

https://www.bangconsulting.co.uk
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