The 11% Rule: How Repeat Customers Drive 46% of Total Revenue
Dive into groundbreaking data on repeat purchases that will transform the way you approach your business! Uncover the 11% rule that accounts for 46% of total revenue and learn how repeat customers become the driving force behind business profits.
In this eye-opening video, discover the surprising statistics on repeat purchases that can revolutionize your business strategy. If you have a hundred customers, did you know that 11% of them will likely become repeat customers? While this may seem like a small number, brace yourself for the revelation that these repeat customers contribute to a whopping 46% of total revenue!
Your raving fan customers, or rather, dedicated customers, play a crucial role in your business success. The 11% who come back to buy again and again are the ones responsible for the enormous majority of your profits. Explore the impact on both revenue and profit when you actively drive repeat sales.
Scott Moran reveals the critical importance of investing in your existing customer base. Learn how offering additional courses, services, events, or anything else to these repeat customers can exponentially boost your business. Discover the art of turning one-time buyers into loyal patrons and witness the positive transformation of your bottom line!
Ready to unlock the profit potential hidden in repeat purchases? Join Scott Moran as he unveils the secrets to maximizing profits, turning repeat customers into your business goldmine!
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Subject Matter Expert: Scott Moran @samcartapp
Director: Mark de Grasse @MarkdeGrasse
Production Assistant: Cameron Miller @cameronmiller2426
Cinematographers/Editors: Jakob Christensen @edifymktg
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