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394 – A New Way to Get First Time Customers to Buy Again with Monica Sharma-Patnekar

394 – A New Way to Get First Time Customers to Buy Again with Monica Sharma-Patnekar

FromGift Biz Unwrapped


394 – A New Way to Get First Time Customers to Buy Again with Monica Sharma-Patnekar

FromGift Biz Unwrapped

ratings:
Length:
52 minutes
Released:
Oct 29, 2022
Format:
Podcast episode

Description

Did you know it costs 5x more to convert a new customer than to get additional orders from a past buyer?

And if you can get just 5% of your first-time customers to buy again, it can increase your profits anywhere from 25-95%.

These stats say it all - it definitely pays to learn how to turn first-time customers into https://giftbizunwrapped.com/episodes/dosa-naturals (repeat buyers)! 

On the show today, you’ll hear about a strategy you most likely haven't heard of before. And best of all - it doesn't cost any money, just your time!

Monica is a digital brand, marketing & strategy professional with 17 years of experience building global brands. She’s worked across multiple business sectors, from startups to Fortune 500 companies.

Additionally, she’s been hired by Google to coach their premium partners who work with eCommerce businesses.

Monica is Dutch by birth and Indian by heritage. Global by choice & education. A creative thinker. A dancer. A chai fanatic. A mom of 2 girls.
How To Get First-Time Customers To Buy Again

The difference between your Ideal Customer and your Real https://giftbizunwrapped.com/episodes/make-your-customer-the-star (Customer) (and why it's important)

Step by step, how to turn customers into loyal fans who buy more and tell their friends about your products, too!

How to know what your customers really want

The 4 https://giftbizunwrapped.com/episodes/the-very-first-question-every-time (questions) you need to ask your customers

The secret to building customer loyalty

How to get stories from your customers

The key to attracting people who resonate with your product or services.

How to build an https://giftbizunwrapped.com/episodes/your-brand-story (irresistible brand) that empathizes, inspires, and captivates your customers

Your 3 action steps so you can put all this to work in your biz right now! 

and lots more!



Tune into this full episode for the scoop on how to get your first-time customers to buy again and again!
Resources Mentioned

https://www.businesswithmonica.com/resources/ (Desires Over Demographics Framework (4 types of questions to ask your customers))

https://suemonhait.lpages.co/content-for-makers/ (Content For Makers)



Monica's Contact Links
https://www.businesswithmonica.com/ (Website) | https://facebook.com/businesswithmonica (Facebook) | https://www.instagram.com/businesswithmonica/ (Instagram) |https://www.linkedin.com/in/monicasharmapatnekar/ ( LinkedIn)



Be part of the newest Gift Biz Opportunities!
The https://go.oncehub.com/GiftBizBash (Gift Biz Bash) offers you the chance to get added visibility for your business - for free. Who can't use that?! But seats are limited. To see the dates and times and to grab your spot, https://go.oncehub.com/GiftBizBash (click here).

A https://go.oncehub.com/giftbiz (Gift Biz Boost) is a free one-on-one strategy session discussing a part of your business you're trying to grow. Maybe it's the first steps to getting started, or how to attract more sales, whatever your current focus is. You'll leave with actionable steps to "boost" you forward.
Join our community of handmade product makers
https://www.facebook.com/groups/GiftBizBreeze (Gift Biz Breeze) is an active and inspiring group of creators at all levels of business development. Ask questions, see what others are working on, learn new things - it's all there and we're waiting for you to join us!
Finally, would you please leave a review? Thanks!
It helps other makers like you find the show and build their businesses too. You can do so right here: https://ratethispodcast.com/giftbizunwrapped (Rate This Podcast)

https://podcasts.apple.com/us/podcast/gift-biz-unwrapped/id986323267 (Apple Podcasts) | https://podcasts.google.com/?feed=aHR0cDovL3d3dy5naWZ0Yml6dW53cmFwcGVkLmNvbS9mZWVkL3BvZGNhc3Q=&inf_contact_key=f00b9b282a6156da6dc2e642eb167c2f680f8914173f9191b1c0223e68310bb1...
Released:
Oct 29, 2022
Format:
Podcast episode

Titles in the series (100)

Have you thought about turning your hobby into a profitable small business? This podcast shows you how to do just that. Whether you want a side gig for some extra cash or to get out of your 9-5, the handmade products you make for fun can hold the key! In each episode you'll hear steps and actions to take to start and grow a profitable business. It's created specifically for the handmade product business entrepreneur; a group I lovingly call Gifters, Bakers, Crafters, and Makers. You're a fabulous unique creative person and I'm here to help you get on the right path to making your vision a reality. There's a lot out there about building a service based business, some about building a product business, but handmade is different. There are specific nuances to handmade that we cover here. Have you thought about starting a business but not sure what the first steps should be and you're afraid to do it "wrong?" Have you started your business but it's not progressing as you had envisioned? Are you confused about Etsy, Amazon Handmade and Shopify platforms? What about email marketing and Facebook or Instagram ads for attracting sales? There is so much to know it can be overwhelming and confusing. I'm your host, Sue Monhait, and I interview business owners who have been where you are. This is combined with over 30 years of experience consulting hundreds of boutique and big brands along with opening two profitable product based business of my own, I'm here to help you realize your dream. At the end of each episode, you'll walk away with new ideas, tools, or processes that you can apply immediately to get results. Decide on your business. Learn how to get started. Hear what others do to get customers and increase their sales. A great first step is to subscribe to the show. Then you'll automatically get each new episode as it releases - ready and waiting for you when it's convenient to listen. The main show becomes available on Saturday morning with a short Tips & Talk episode on Wednesday. I want you to know that you don't have to do this alone. Find more free resources over at GiftBizUnwrapped.com and if you're looking for a community of handmade makers just like you, join us over in my private Facebook Group - Gift Biz Breeze.