EP 56: The ACOR Principle – A Simple Framework to Attract, Convert, Optimize, and Retain Customers for Business Growth Watch the full video, with illustrations, on Youtube: https://youtu.be/DaqbCyHT_oc Welcome back to The Journey! In this episode, Rusty dives into a powerful business principle he learned during his insurance career—the ACOR Principle (Attract, Convert, Optimize, Retain). Rusty breaks down this simple yet transformative framework that applies to any business, from pest control to restaurants, and shows how it can drive sustainable growth. Using real-world examples and a hand-drawn visual (check out the YouTube video!), Rusty explains how to attract prospects with marketing, convert them into customers with effective sales, optimize their lifetime value through cross-selling and referrals, and retain them with intentional customer service. Packed with actionable insights, this episode is a must-listen for business owners looking to streamline processes, boost ROI, and build a loyal customer base. Key Topics Covered: ✅ The ACOR Principle Explained– A universal framework for growing any business. ✅ Attracting Customers – How marketing and lead generation start the journey. ✅ Converting Leads – Why the right sales process can make or break your growth. ✅ Optimizing Relationships – Cross-selling, referrals, and maximizing lifetime value. ✅ Retaining Customers – The power of intentional customer service and win-back strategies. ✅ Systems for Scale – Using automation and follow-up to multiply your marketing ROI. Rusty also shares lessons from his insurance days, practical pest control examples, and tips for turning lost customers into "win-backs." Whether you're a solopreneur or scaling a multi-million-dollar business, this episode delivers a blueprint you can sketch on a napkin and implement today! Timestamps: 0:00 – Welcome Back to The Journey: Introducing the ACOR Principle 0:31 – Rusty's Background: Learning ACOR from the Quantum Club 1:14 – What is the ACOR Principle? A Simple Framework for Any Business 2:09 – Why Watch on YouTube: Visualizing ACOR with Rusty's Hand-Drawn Diagram 2:58 – **A: Attract** – How Marketing and Lead Gen Bring Prospects In 4:47 – **C: Convert** – Turning Prospects into Customers with Sales 6:30 – The Cost of Bad Conversion: A Dry Cleaning Story Gone Wrong 8:49 – Training for Conversion Success: From 20% to 80% Close Rates 10:03 – **O: Optimize** – Cross-Selling and Referrals to Maximize Value 13:04 – The Referral Loop: Sending Customers Back to Attract 14:55 – Handling "No's": Putting Non-Converters Back in the Funnel 17:27 – Persistence Pays Off: Following Up for Years to Win Business 19:28 – **R: Retain** – Intentional Customer Service to Keep Customers Loyal 21:34 – Retention Tactics: Welcome Gifts, Newsletters, and Community Events 24:45 – Analyzing Lost Customers: Turning 90% Retention into 92% 28:02 – Winning Back "Lost Souls": Strategies to Reclaim Past Customers 31:11 – Applying ACOR Anywhere: From Pest Control to Restaurants 34:06 – Scaling with Systems: Automating Follow-Ups for Free Marketing 34:48 – Final Thoughts: Take ACOR to Your Team and Get Started 🎙️ Connect with Rusty & Learn More Email: rprewett@prewettpestcontrol.com Visit The Journey Podcast online or follow on social media for more insights and inspiration. 📲 Follow The Journey Podcast 📘 Facebook: facebook.com/prewettpestjourney 📺 YouTube: youtube.com/@theprewettpestjourney 📸 Instagram: instagram.com/prewettpestjourney 🍎 Apple Podcasts: Prewett Pest Journey on Apple Podcasts 🎧 Spotify: Prewett Pest Journey on Spotify
