17.5 C
New York

How can you apply flywheel thinking to your company’s budget?

Date:

Share:

  • By investing as much money into things that drive customer happiness—such as support teams and product improvements—as you do into acquiring new customers through marketing and sales.
  • By making sure funds are evenly distributed to each section of the flywheel. Marketing, sales, and customer support should each have equal proportions of the overall budget.
  • If your flywheel is truly successful, you won’t need to allocate resources to marketing at all because customer word of mouth will provide all of your new prospects.
  • If your flywheel ever slows down, you can speed it back up by funding more customer discounts.

Instant Download HubSpot Inbound Certification Exam Answers

Download Button

Pass the HubSpot Inbound Certification Exam
and Earn Inbound Certificate.

Buy Now Button

━ more like this

Case Studies: Real-World Examples of Businesses Thriving with Subscription Marketing

In the dynamic realm of digital marketing, subscription-based models have emerged as a powerful strategy for businesses aiming to foster customer loyalty and secure...

LEAVE A REPLY

Please enter your comment!
Please enter your name here