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cover of episode Ep6

Ep6

2019/9/18
logo of podcast Business Coaching with Daniel Fox

Business Coaching with Daniel Fox

Shownotes Transcript

Do you know how much it costs you to get a new customer?Hi. I'm Daniel Fox, A business growth speaker and coach.I'll speak to a lot of people who are just getting started - you may not have any monetary investment in getting customers at this point.A lot of times, early customers come from friends and family and natural connections. (Which by the way, took a lifetime to build and are really hard to try to quantify).It's completely possible that you may also be benefiting from organic search engine traffic or an active social media presence.It's a little easier to quantify these things in terms of customer acquisition than it is a lifetime of relationships, but it can still be hard to pin down.What businesses who advertise understand is that there is a direct cost associated with running and advertisement and getting the right people to take action and become a customer.It may not be important data for you to have when you're just starting out, but sooner or later, if you intend to grow beyond word-of-mouth - mastering the math of customer acquisition is imperative.Thanks for listening.If you are ready to take your business to the next level, head over to speakwithdaniel.com now to see how I can help you build your business today.Wanna learn more about how to create a 6-figure business or add another 6-figures to your bottom line? Head over to daniel-fox.com AND if you're REALLY ready to take action today visit speakwithdaniel.com and set up a 1 on 1 with me to take your business to the next level.