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Why do agencies lose business?. (and how can we avoid it?). Presented by astonish results 2011 created by Paul Rakotoarisoa. Top Reasons Why Business. 4% of clients die. 14% product. 5% from recommendation. Walks Away *. 9% based on price. 68 %.
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Why do agencies lose business? (and how can we avoid it?) Presented by astonish results 2011 created by Paul Rakotoarisoa
Top Reasons Why Business 4% of clients die 14% product 5%from recommendation Walks Away* 9%based on price 68% OF MODERN CONSUMERS LEAVE BECAUSE OF A BAD EXPERIENCE* * source:
68% HAVE MOST LIKELY DEALT WITH: Attitude* Apathy* Poor Service* Poor Communication*
15% OF BUYERS BUY ON PRICE WITH NO LOYALTY.
RELY ON IDEAS OF TRUST AND LOYALTY TO MAKE A PURCHASE 70%-85%
RELATIONSHIPS= LIFETIME LOYALTY
3 WAYS TO INCREASE RETENTION:
1 maintain regular contact. (follow up)
2 care about your customer. (remember, you sold them)
3 be pro-active. (you’ll look like a hero)
Average retention rates: (Number of Policies/Retention Percentage/After 5 years) If you have: 1 policy: 27% chance 2-3 policies: 55% chance 4+ policies: 92% chance
THE MOST SUCCESSFUL ASTONISH CLIENTS:
DEVELOP: KNOWLEDGEABLE SERVICE CONSULTANTS ACCEPT AND EVALUATE: CLIENT COMPLAINTS CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS
DEVELOP: KNOWLEDGEABLE SERVICE CONSULTANTS ACCEPT AND EVALUATE: CLIENT COMPLAINTS CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS INFORM: CLIENTS OF RELEVANT CHANGES
DEVELOP: KNOWLEDGEABLE SERVICE CONSULTANTS ACCEPT AND EVALUATE: CLIENT COMPLAINTS CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS INFORM: CLIENTS OF RELEVANT CHANGES ENCOURAGE: CLIENT FEEDBACK
ACCEPT AND EVALUATE: CLIENT COMPLAINTS CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS INFORM: CLIENTS OF RELEVANT CHANGES ENCOURAGE: CLIENT FEEDBACK ORGANIZE: AROUND THEIR CLIENTS
CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS INFORM: CLIENTS OF RELEVANT CHANGES ENCOURAGE: CLIENT FEEDBACK ORGANIZE: AROUND THEIR CLIENTS EMBRACE: DIVERSITY AMONG CLIENTS
INFORM: CLIENTS OF RELEVANT CHANGES ENCOURAGE: CLIENT FEEDBACK ORGANIZE: AROUND THEIR CLIENTS EMBRACE: DIVERSITY AMONG CLIENTS
ENCOURAGE: CLIENT FEEDBACK ORGANIZE: AROUND THEIR CLIENTS EMBRACE: DIVERSITY AMONG CLIENTS