ARCHIVE: The Revenue of Experience"

Published: June 27, 2019, 9 a.m.

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Join the Resourcefully Speaking community by liking our\\xa0Facebook Page\\xa0and by going to\\xa0pampippin.com!

Today we bring you one of our FAVORITES from the Resourcefully Speaking Archives! Enjoy "The Revenue of Experience"

Looking for a new way to grow your revenue? Today Pam Pippin will teach you how to use the experience\\xa0as a\\xa0business strategy. Whether you are hosting a guest or selling products the experience\\xa0matters.

Pam shares how her trip to Seattle, Washington let her see first hand how The\\xa0Pike Place Fish Market and Starbucks have capitalized on experience as a main driver of revenue. \\xa0

More in this episode:

1.) Forbes Magazine states that experience is our competitive advantage.

\\xbd of Consumer say that most companies need to improve in this area.
A bad experience will cost you money.
30% of customers will leave you because of a bad experience.
Consumers will spend 16% more if they have a good experience and will share information about it.
Consumers are comparing you to globally recognized companies.
Source:\\xa0www.forbes.com
2.)\\xa0In professional development, experiential learning is how we get people to remember what they are taught. \\xa0It is important because a person\\u2019s entire being is connected to the learning process, and a person will remember concepts because of this connection.

3.) World Famous Pike Place Fish Market - the best place to get fish in the world

They operate on 4 very important principles:

  • \\xa0Make Their Day
  • \\xa0Have a good time
  • Be fully Present
  • Always choose optimism
    \\xa0

QUOTES: "Experience takes relationships from transactional to sustainable." - Pam Pippin

"Experience will create connections that will last and sustain your business." - Pam Pippin

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