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The Hidden Value of Your
Customers
Sunil Raithatha
1 May 2015.
Thanks
• Thanks for giving me this opportunity
Story of a King.
Sitting on Golden Thorne
Gold Mine
• Your are sitting on Gold Mine.
• Customer Base is our Hidden Asset.
Direct Money
Deposits Advances
He buys your services and you get Money
There is More to Itthen first Direct Money
1
3
42
5
More Direct Money
1
• May be Your Customer wants to come again & again.
• Can We convert him/her to a Happy & Loyal Customer.
• May be he wants value added , premium service?
Our Goal: Happy & Loyal Premium Customers
He / She is your Public Relation Team
• Your Customer is your media?• He can tell good things to his
network. ( If Happy ).• He may have big Network (
Identify ).• He is your spokesman where
you are not present.• He can counter false
information.• He can tell Bad Things if not
Happy.
Our Goal: Happy Customers
2
He / She is member of your Sales Team
• He can influence decisions of new customers at right moment. You may not.
• He understands customers need better than you.
• He has same needs
• He speaks same language.
Our Goal: Happy Customers
3
He / She is member of Business Intelligence Team
• He is full of information Products, Needs, Behavior, Places & Social Network. More than you.
• He can Guide your future Product & Offerings.
• He knows more about competitive products.
Our Goal: Learn from Customers
4
He / She is member of Your Innovation Team.
• He may be adapting your offering in Innovative way.
• Can lead to Custom Solutions & Offerings.
Our Goal: Learn from Customers
5
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3
42
5Buys Again & Again
Premium Product.
Gives a Good Image
Of You.
Help Acquire New Customers
Bring Valuable
Information.
Help Create
New Product
Offerings.
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3
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5
How
Create Relevant
Product.
Create Great
Experience
Know Your Customer.
Have Conversation
with Him / Her.
Engage Them
Make More Money From Each Customer
Key to Success Lies in Your Attitude