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
In episode #2968, Eric Siu and Neil Patel discuss the new startup playbook, questioning the need for traditional venture capital and emphasizing AI’s growing role. They highlight the shift toward se...
In episode #2967, Eric Siu and Neil Patel discuss building relationships to attract top event speakers, share marketing insights from a private summit, and examine TikTok advertising. They highlight t...
In episode #2966, Eric Siu and Neil Patel discuss the shift to zero click results and the growing importance of strong branding in digital marketing. They cover strategies for mastering marketing chan...