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Go on, name a win! ⁠ ⁠ Taking the time to look Go on, name a win! ⁠ ⁠ Taking the time to look back at the week and celebrate the little wins is essential for keeping your motivation high and reminding you what you love what you do 💛⁠ ⁠ So share away and let us know what you'll be celebrating this week. And yes, getting through school holidays, whether you managed to take a break or survived working at home with kids, is totally a win!⁠ ⁠ ⁠ ⁠ ⁠ ⁠ ⁠ #productpreneur #womensupportingwomen #shoplocal #womeninbusiness #australianbusinesswomen #smallbusiness #startup #entrepreneur #buildingyourempire #womenwhohustle #australianmade #australiandesigners #ausmumpreneur #workfromhome #workingmum⁣⁠ #onlinebusiness #ecommercebiz #entrepreneurlifestyle #smallbusiness #womeninbiz #onlinestoresuccess #business #ladystartup
It can be a fine line sometimes, don't you think? It can be a fine line sometimes, don't you think? We want something SO badly that we don't see all the amazingness right in front of us or to celebrate how far we've already come. ⁠ ⁠ But getting that balance right - that appreciation of what we have combined with working towards something that excites - well that's the sweet spot indeed!⁠ ⁠
Have you been at that point in your business where Have you been at that point in your business where you seem to be making a lot of sales and are constantly packing orders but you just can’t understand why you’re not actually making a profit? Lots of sales means lots of profit right?⁠ ⁠ I see this all the time and while there can be various reasons for this scenario the first thing I ask our students and clients to look at is their first time customer sales vs repeat customer sales.⁠ ⁠ 📣 Did you know that an increase of even 5% in customer loyalty or repeat purchases can potentially result in up to 95% growth in your profits? 📣⁠ ⁠ That’s a pretty big statement, right!? ⁠ ⁠ Time and time again I watch business profits skyrocket when the focus is turned to increasing customer loyalty and seeing repeat orders from raving shoppers!⁠ ⁠ While we should always be looking at ways to find new customers and creating those first-time sales the mistake we make is not seeing that first time purchase as a long term investment. ⁠ ⁠ Have a think about this little scenario:⁠ You receive five $100 orders from five totally new customers, hoorah! ⁠ Your acquisition costs for each of those orders is $35 based on your total advertising spend.⁠ Now, what if one of those customers went on to make another four $100 orders from you over the next 12 months… ⁠ Those orders came from your retargeted advertising campaign (much lower cost per conversion) or better yet, your emails (free!). ⁠ Which means those following four orders are much more profitable and much less resource intensive than your initial 5 first time purchases.⁠ ⁠ Now imagine the scenario of having hundreds of those profitable repeat orders throughout the year! What difference would that make in YOUR business?⁠ ⁠ ⁠ Today I’m going to share with you:⁠ ⁠ ⁠ 🎙 Why you shouldn’t expect to break even on first-time shoppers⁠ 🎙 How your business profits can sky-rocket with repeat purchases⁠ 🎙 Examples of businesses who have mastered this strategy for major growth⁠ 🎙 My top tips for converting first-time shoppers into loyal and repeat customers⁠ ⁠ Listen today to discover how you can boost your business profit with your loyal and raving customers!⁠ ⁠ Links in profile!
It's #brandswelove Tuesday and today it has to be It's #brandswelove Tuesday and today it has to be a brand that could get us out on an adventure pronto!⁠ ⁠ @ozinflatablekayaks sells high-quality inflatable kayaks to paddle loving Australians and they do an amazing job of selling online via a website jam packed of valuable information for adventure lovers. ⁠ ⁠ I think a few of us might be already planning a kayak adventure for next school holidays!⁠ ⁠ What brands have you discovered recently that you think are doing an amazing job?⁠ ⁠ ⁠ ⁠ ⁠ ⁠ #productpreneur #shopsmallau #growyourbiz #smallbusinessau #australiansmallbusiness #womenwithvision #motivatedwomen #lifeonyourterms #dreamersanddoers #lovemybusiness #designalifeyoulove #theimperfectboss #empowerher ⁠ #createyourhappy #hersuccess #workforyourself #boldbraveyou #goalgetters #alifeofintention #livemoremagic #dreambigorgohome #buildyourbrand #dontquityourdaydream #takeachance #findyourpurpose #inspiringwomen #goaldiggers #buildinganempire #smallbusinessowners
Last week I took the opportunity to sit down and r Last week I took the opportunity to sit down and review my results for the first quarter of 2021. I dug into all the numbers and compared that to the goals that I had set at the beginning of the year. ⁠ ⁠ Personally I love getting into all the metrics of my business and review where I'm at compared to my big vision.⁠ ⁠ I encourage every business to pull out their Plans for 2021 and to review their numbers for the last 3 months. It gives you such a good snapshot of what you've achieved and allows you to see if you're way off course to where you want to be and or if you just need to make some slight adjustments. And of course, take some time to reflect or celebrate! ⁠ ⁠ It's also a good time to plan out the next 12 weeks and to start putting actions in place to get the results you would like to see when we hit the end of the financial year.⁠ ⁠ Are you a metrics lover like me? Or does the thought of reviewing Q1 have you procrastinating with everything but!⁠ ⁠ ⁠ ⁠ ⁠ ⁠ #productpreneur #growyourbiz #smallbusinessau #australiansmallbusiness #womenwithvision #motivatedwomen #lifeonyourterms #dreamersanddoers #lovemybusiness #ceomindset #designalifeyoulove #theimperfectboss #empowerher ⁠ #createyourhappy #hersuccess #workforyourself #boldbraveyou #goalgetters #alifeofintention #livemoremagic #dreambigorgohome #buildyourbrand #dontquityourdaydream #takeachance #findyourpurpose #inspiringwomen #goaldiggers #buildinganempire #smallbusinessowners
Being in charge of your own business is exhilarati Being in charge of your own business is exhilarating, but it can also be isolating.⁠ ⁠ Did you know we have a Rockstar Productpreneur Facebook group that's open to all eCommerce owners looking for a group of like minded businesses? ⁠ ⁠ In the Rockstar group, you have a whole host of productpreneurs just like you to ask for help, so why not come join us and tell us - what's got you stumped this week that we can help you out with?⁠ ⁠ Come join us! Find the link in our profile or copy and paste this link: https://www.catherinelangman.com/rockstar/⁠
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