Did you know that after the first year of becoming a customer, 35% of customers order from the same company again?
While marketers are investing all of their blood, sweat, and tears into generating new interest and getting more leads to enter the funnel, it's easy for them to forget about their old consumers. However, the best opportunities are sometimes those that you've already made.
Using your time wisely to run effective advertising efforts to re-convert past consumers is often the best use of your time. While it may seem counterintuitive to reinvest in the same customers, implementing paid cross-sell/upsell campaigns can raise each customer's lifetime value and average order value, resulting in increased revenue. That isn't squandered time!
Try With UsStrategies to Boost Revenue for your Businesses with Plextom Cross-selling and up-selling are automated system technologies..
Plan your messaging strategy.
Make a list of past buyers that are specifically targeted.
Make use of smart remarketing strategies.
Remind previous customers of why they choose you.
Customers might be attracted with personalized offers.
Shopping carts that have been abandoned? Don't forget about past buyers.