• 15 Low-Cost Ways to Increase Sales for Your Business

How to Increase Sales

Sales are essential for every business model. While a strong sales team can make a big difference in the bottom line, you don’t want to ignore how the rest of your business can increase sales as well. Here are a few ideas (most of them low or zero cost) for driving more sales to help your business grow.

How to Increase Sales

How to Increase Sales through Existing Customers

Your existing customers should be the first priority when attempting to boost sales. They’ve already shown a willingness to give you money in exchange for products or services, which shows that they trust you. If you did an excellent job when serving them, then they should be primed to do more business with you.

Do you have what it takes to provide outstanding customer service? Read up here

Pay Attention to Existing Customer Behavior

When possible, study how your customers use and interact with your products and services. Perhaps they rely heavily on one particular feature or struggle with one aspect of your product. If so, this could be a great place to offer an upgrade.

Another approach for this is to deliver more personalized service or training. You shouldn’t really see this as an upsell. Instead, think of it as extending or enriching your relationship with them. You don’t want to be forceful here. Just be sure that they know what you offer because they could be unaware.

Ask for Feedback

Especially on what your offerings lack. Is there a specific problem that you could help them with?

For example, a printing company might do an excellent job printing promotional brochures that clients mail out to generate business. A client who wants to automate the process even more could be interested in having the envelopes printed and addressed. They may even like to have the printing company handle the mailing itself.

If you can provide a broader range of services for your current clients, you become even more essential to their business. That means more sales and a stronger relationship.

Run Regular Promotions

Sales and marketing promotions are a great way to reward your current customers and increase sales. Whether you hold them once a month, once a quarter, or whatever makes sense for you, you want it to be regular.

Once you establish a rhythm with them, clients will start to look forward to them. The more they anticipate interacting with you in the future, the better. Plus, they can let others know about your promotions in advance. These referrals should lead to a larger customer base.

How to Increase Sales with New Clients

Another proven way to support your bottom line is to focus on converting prospects into clients. Your audience is aware of you and your offerings, but they haven’t signed on yet. Here are a few ways to see that more of them do.

Do a Content Audit

Take a deep dive into your current website, letters, flyers, or other sales materials. Are you focusing on features more than benefits? If so, you’ll want to put the attention on how your product or service will make your customers’ lives easier, cheaper, or happier.

Here’s an example of changing a feature into a benefit. Rather than, “24 hour technical service,” emphasize that your client should, “Never worry about technical glitches because we’re just a phone call away at any time.”

Create Packages, Deals, and Bundles

Sometimes, you just need a different approach. One way to accomplish that is to look for creative ways to combine services into a package or multiple products into a bundle.

You can either put together similar products (like a collection of ebooks or seminars, for example) or different types of products that all deal with the same issue (like an ebook, seminar, checklist, and expert interview). You can do the same for services.

With packages and bundles, your customers will appreciate the convenience of the entire package. Plus, they’ll feel like they are getting more for their money (which we all want).

Just be sure to price your bundles accordingly, and don’t discount your products so much that you decrease their perceived value. Having a specific reason for a deal (like inventory surplus or a new product line) can explain the discount and still create interest.

Stand Out More

We’re all bombarded with advertising messages (thousands per day), so you have to find a way to get noticed. This doesn’t mean yelling the loudest. It means differentiating yourself from the competition, usually in clever ways.

CarMax, for example, recently capitalized on a viral video about a 1996 Accord to make an offer of $20,000 for a used car. While only they know if that investment will pay off, it certainly emphasized their message of “we buy all the cars.”

Brush Up on Your Sales Skills

Advertising and outreach can bring in more leads and transform them from cold to warm to hot. When it comes time for conversion, however, you still have to sell to your clients.

You’ve done all the work to get them ready to buy, but that isn’t the finish line. Revisit the sales essentials to make sure you don’t lose prospects in the final stages of the process.

How to Increase Sales through Social Media

As social media platforms continue to expand and multiply, they provide new avenues for reaching and nurturing your audience. Ultimately, that can lead to more sales.

Use Social Media Advertising

Most social media sites know a lot about their users. A lot. You can use that data to help get your message in front of the right eyes with laser precision. If you haven’t already, you’ll want to build a social media marketing campaign and start to test.

Unsure about social media advertising? Check out the pros and cons here.

Build Community and Generate Word of Mouth

Not all social experiences need to be transactional though. Instead, you can look at sites like Facebook, Twitter, and Instagram as watering holes for your current or potential clients.

By meeting them where they already hang out, you can find a place in their lives that doesn’t feel as “salesy.” Use social media to help your clients solve problems. They will begin to regard you as the expert and come to your with similar issues in the future. They’ll also tell their friends, and both can increase your bottom line.

Promote Your Deals on Social Media

While not everyone on social media is looking to buy (not when there are so many cat videos to watch), it can be an efficient way to use promotions. Giveaways or special deals are more likely to grab your audience’s attention, which can lead to more sales.

Make Sure Your Profiles are Optimized

Think of your social media profile as a mini website for your business. It should clearly convey who you are, what you do, what values you stand for. Since you might not be on their radar for long, make sure you immediately resonate and connect with your ideal customer.

Be sure to treat every social media platform as an individual site too. Your audiences for each will be different, so your profiles should all be optimized according to your goals for the site.

Other Ways to Increase Sales

In addition to these three major areas, you can also improve your sales figures by trying some (or all) of the tips below.

Nurture Leads

Often, the journey is not straight from ad to sale. Instead, you find prospects and lead them along a path that eventually ends with them choosing your product or service. One of the most effective ways to nurture them through this process is email marketing.

Once you have a prospect’s email, you should keep in touch with them through an automated campaign. This helps you show them that you understand their problems and can provide a solution.

For more tips on lead nurturing, check out Lead Nurturing: What it is and How to Do It

Partner with Other Businesses

Make connections with other providers in your industry. At the very least, you can refer business to one another, but you might also find ways to partner to offer unique package deals to your customers.

A restoration company, for example, could benefit from having a solid relationship with roofers and plumbers. If you’re in the business of replacing and repairing flooded carpets, you’ll get more sales by knowing the people who are first on the scene to fix the initial cause of the leak.

Offer Free Trials or Demonstrations

One of the most common objections (especially for an ongoing service or software subscription) is, “But will this work for me?” While you should try to address that in your copy, the easiest way to demonstrate the value of your service is to let customers see it for themselves.

A free trial or walkthrough demonstration shows customers exactly how much time or money they could save from your offering. You’ll want to also provide excellent customer service and training in the trial period to ensure that they use your product and that they get the most out of it.

Put a Call to Action on Your Homepage

We know that a CTA is essential for conversions on a landing page or product description. They can also be effective on your homepage because they help direct your visitor. Think about the one thing you want a visitor to your homepage to do. Call you? Fill out an inquiry form? Join your email list? Whatever the answer, make it clear on the homepage with a CTA that stands out.

Each of the tips above should help increase sales for your business, but don’t be overwhelmed by the list. Rather than trying to implement everything at once, choose one or two areas to improve on now. Once you start to see results, move on to another tip and watch your sales figures grow.

 

ThriveHive
ThriveHive
ThriveHive combines human expertise and easy-to-use technology to make marketing easy and affordable for businesses of any size. Whether you're looking to do it all yourself, have it off your plate entirely, or are somewhere in between, ThriveHive eliminates the guesswork and maximizes your time so you can get back to what's really important: running your business. Learn more about our services here: https://thrivehive.com/advertising-services/

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