© Glen Wakeman Official 2017

  • LinkedIn - Black Circle
  • Facebook - Black Circle
  • Twitter - Black Circle
  • YouTube - Black Circle

Acquire, Penetrate, Retain (APR) as a Growth Formula

August 16, 2019

If you look at growth as a process, and organize around critical activities, (Acquire, Penetrate, Retain -- APR) you can make it easier for your company to plan, control, and communicate about growth. 

 

Acquiring new customers is a result of the effectiveness of several sub-tasks.

 

Brand building, advertising, distribution, and sales practices must align to maximize the inflow of new customers. Each shouldn't be treated as a separate task; instead it should be part of an integrated whole. 

 

Increasing your sales Penetration will get your unfair share of your customers' spending.

 

Whether it is the wallet share of a consumer or the supplier spend of a business, position your company to expand your share of their needs. Farm your customer.

 

Retaining customers lessens the pain of acquiring customers

 

Look at how expensive it is to book new business. You get a bigger benefit by keeping your customers in the fold. Retention will sustain your growth.
 

 

Connect with Glen Wakeman on Linkedin

Follow @GlenWakeman on Twitter

Learn about LaunchPad Holdings

Listen to a Glen Wakeman Podcast

Watch Glen Wakeman on YouTube

 

 

Share on Facebook
Share on Twitter
Please reload

Featured Posts

DON’T TRY TO BOIL THE OCEAN - A Glen Wakeman Interview on Startup Management

October 28, 2019

1/2
Please reload

Recent Posts
Please reload

Search By Tags
Connect
  • Google+ Social Icon
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon