S4 EP05 Why is my income inconsistent?

Treat Your Business

Treat Your Business
S4 EP05 Why is my income inconsistent?
Jul 26, 2023 Season 4 Episode 35
Katie Bell

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Season 4: Money, Pricing, Profit, and Paying Yourself

In this weeks episode of the "Treat Your Business" podcast, Katie dives into the frustrating issue of inconsistent income in business. But don't worry, she's got some awesome tips and tricks to help you tackle it! Katie emphasises the need for useful processes and systems to handle enquiries and turn them into paying clients.

She's all about speed! Katie talks about the importance of knowing when someone has inquired and responding to them super quickly. No more waiting around! She suggests keeping track of your enquiries and where they're coming from so you can spot any problem areas.

Katie introduces the concept of consultative selling, which basically means connecting with potential clients on an emotional level. Forget just talking about prices, it's all about building relationships and understanding their needs. She even shares some cool tips for handling different types of clients, like the "green," "orange," and "red" ones.

Let's not forget about automation! Katie reminds us to embrace technology and streamline our business processes. It's all about maximising efficiency, especially when there's a labour shortage.

So, if you're tired of that income roller coaster, tune in to this episode. Katie's got your back with practical advice to plug those conversion holes and make your business thrive!

Key takeaways

  • Inconsistent income in business can be addressed by implementing effective processes and systems for handling enquiries and converting them into paying clients.
  • Timely response to enquiries is crucial, so set up notifications and have a standard expectation of responding within 24 hours.
  • Consultative selling is about building rapport and emotional connections with potential clients, leading with emotions rather than focusing solely on price
  • Differentiate between "green" clients who know what they want, "orange" clients who are exploring solutions, and "red" clients who are unlikely to convert.
  • Focus on the "orange" clients and provide effective communication to increase conversions.
  • Invest in automation and processes to streamline operations and enhance the customer journey.
  • Plug conversion gaps and leverage touchpoints in the customer journey for improved income consistency and business success.

Treat Your Business podcast is proudly sponsored by Klatch:
Results-driven marketing built for healthcare companies. Unlock sustainable growth and maximise ROI with data-driven digital marketing tailored to your business, backed by patient tracking software from search to revenue.

Find out more at https://www.klatch.co.uk

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