5 Ways to Increase Your Customer LTV in 2021
In episode #1628, we hear about the five best ways to increase your customer lifetime value this year. Find out more about upping your price, the benefits of including upsells and downsells, and why you should be working on your retention as well. Tune in to hear it all!
TIME-STAMPED SHOW NOTES:
- [00:25] Today’s topic: 5 Ways to Increase Your Customer LTV in 2021.
- [00:31] Number one: Increase your prices because pricing is your biggest lever.
- [01:15] Number two: Add in upsells and downsells to get people to buy more.
- [01:45] Number three: Work on your retention, not only sales.
- [02:27] Number four: Create an ecosystem where your products all work together.
- [03:33] Number five: Focus on customer development and find out people’s needs.
- [04:48] That’s it for today!
- [04:48] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785!
Links Mentioned in Today’s Episode:
Leave Some Feedback:
- What should we talk about next? Please let us know in the comments below
- Did you enjoy this episode? If so, please leave a short review.
Connect with Us:
Discover Latest Episodes
Neil and Eric break down why posting less but better is the fastest way to grow on X, reacting to a deleted Nikita Beer take on wasted reach and low quality engagement. They dive into finding your aut...
In this discussion, we explore how larger companies often face greater inertia and resistance to change, especially when it comes to AI adoption. We reference an insightful Elon Musk interview that hi...
Neil and Eric break down how cloud code and AI tools are reshaping marketing teams, using real examples from go to market planning, SEO, sales outreach, and internal automation. They explain why junio...