3d • General discussion
Turns old relationships into new revenue
Chad here...
This weekend I got a "Payment Failed - Action Required" email.
When I opened it I realized it was for my former client's membership service.
Didn't know I still got notices.
Now...we still keep in touch and I'll do small tasks for her on occasion.
So I reached out to make sure she got the notice too.
She did.
She paid it.
But then I got curious.
"How much is that costing you per year?"
Just under $1,000.
Hmmm.
So I dug a little deeper with a few more questions.
Turns out...
She wasn't doing ANYTHING with the membership or her flagship program.
Last year her husband had a stroke.
She also did a ton of traveling.
Several events for this flagship program.
The bottom line?
She was burned out.
Taking this year off.
And right there...
I saw it.
A trashcan asset we could cash flow.
I shared the idea of taking her previous course and licensing it to students who went through the program.
How we could bring in new money and students without her having to lift a finger.
Even made a bumbly Loom video to show her what I was thinking.
She's heading out of town today but we're connecting later this week.
Now here's the thing...
This lady was probably my favorite client.
Easy to work with, listened to my suggestions and eager to pay her invoices.
And now?
This former client could become a new partner.
What I want my PiggyBANKERS to know is deal making isn't limited to cold outreach.
That does work for sure.
But the EASIEST deals?
They're sitting right in front of them.
Former clients they loved working with.
People who already trust them.
Folks who know they deliver.
That's why I'm considering putting together Deal Makin' Bacon.
It shows you how to start getting deals with both cold AND warm outreach.
Right now only 6 out of 83 PiggyBANKERS have voted on this.
I'm getting the feeling this may be something I just keep to myself.
But if you want to turn former clients into partners?
==> Let me know here
Let's get piggy wit it,
PB Chad
P.S. That $1,000 membership she's paying for?
Could turn into a nice little cash flow deal for both of us.
All because of a failed payment email and asking a few questions.
3
2 comments
Turns old relationships into new revenue
powered by
skool.com/piggybanking-brand-creators-8574
We take a branding shortcut with licensing to create a PiggyBANKING Brand that gives us credibility WITHOUT peeps needing to know, like, or trust us.
Suggested communities
Powered by