The two meetings
Every agency has a weekly sales meeting. Very few have a weekly client growth meeting. So guess which pipeline gets the attention.
Why it matters
Starting top-of-funnel when the bottom is leaking is just paying to fill a bucket with a hole in it. Retention is a strategy, not a feeling.
Six levers for the growth meeting
- Upsell. More of what they already buy.
- Cross-sell. Something else you do well.
- Expansion. Another team, brand or market inside the same client.
- Price rises. Planned, explained and on time.
- Referral partnerships. People who already serve your clients.
- Ask for referrals. Referred leads close at around 90%.
The order the best agencies use
Lifetime value first. Then a brilliant sales process. Then they turn the lead tap on.
So here's the question. Do you have a section of your pipeline dedicated to existing clients? And if so, why is it smaller than your new business pipeline?
Hope that helps.