Why Selling to Existing Buyers Beats Chasing New Ones
Jasmine Star argues the highest-leverage growth comes from offering more to people who already bought, not from acquiring cold leads. She cites a study that repeat buyers are 60-70% likely to purchase again versus 5-20% for new prospects. A continuum also raises lifetime value because you spend less acquiring each additional sale.
- Repeat buyers convert at 60-70% versus 5-20% for cold leads
- A continuum increases lifetime customer value by reusing marketing spend
- You maximize company resources by selling more to existing clients
- The stat comes from the book Marketing Metrics
“Studies show that when people buy from you once, they're 60 to 70% more likely to buy from you again, compared to new prospective leads…”