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Presented by astonish results 2011 created by Paul Rakotoarisoa Why do agencies lose business? (and how can we avoid it?)

Presented by astonish results 2011 created by Paul Rakotoarisoa

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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 %. - PowerPoint PPT Presentation

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Page 1: Presented by astonish results 2011 created by Paul Rakotoarisoa

Presented by astonish results 2011 created by Paul Rakotoarisoa

Why do agencies

lose business?

(and how can we avoid it?)

Page 2: Presented by astonish results 2011 created by Paul Rakotoarisoa

Top Reasons Why Business

Walks Away*

4% of clients die

14% product

5% from recommendation

9% based on price

* source:

OF MODERN CONSUMERS LEAVE BECAUSE OF A BAD EXPERIENCE*68%

Page 3: Presented by astonish results 2011 created by Paul Rakotoarisoa

Attitude*

Poor Service*

HAVE MOST LIKELY DEALT WITH:68%

Apathy*

Poor Communication*

Page 4: Presented by astonish results 2011 created by Paul Rakotoarisoa

OF BUYERS BUY ON PRICE WITHNO LOYALTY.15%

Page 5: Presented by astonish results 2011 created by Paul Rakotoarisoa

RELY ON IDEAS OFTRUST AND LOYALTY

TO MAKE A PURCHASE70%-85%

Page 6: Presented by astonish results 2011 created by Paul Rakotoarisoa

RELATIONSHIPS=LIFETIMELOYALTY

Page 7: Presented by astonish results 2011 created by Paul Rakotoarisoa

3 WAYS TOINCREASERETENTION:

Page 8: Presented by astonish results 2011 created by Paul Rakotoarisoa

1maintain regular contact.(follow up)

Page 9: Presented by astonish results 2011 created by Paul Rakotoarisoa

2care about your customer.(remember, you sold them)

Page 10: Presented by astonish results 2011 created by Paul Rakotoarisoa

3be pro-active.(you’ll look like a hero)

Page 11: Presented by astonish results 2011 created by Paul Rakotoarisoa

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

Page 12: Presented by astonish results 2011 created by Paul Rakotoarisoa

THEMOSTSUCCESSFULASTONISHCLIENTS:

Page 13: Presented by astonish results 2011 created by Paul Rakotoarisoa

DEVELOP: KNOWLEDGEABLE SERVICE CONSULTANTS

ACCEPT AND EVALUATE: CLIENT COMPLAINTS

CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS

Page 14: Presented by astonish results 2011 created by Paul Rakotoarisoa

ACCEPT AND EVALUATE: CLIENT COMPLAINTS

DEVELOP: KNOWLEDGEABLE SERVICE CONSULTANTS

CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS

INFORM:CLIENTS OF RELEVANT CHANGES

Page 15: Presented by astonish results 2011 created by Paul Rakotoarisoa

CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS

ACCEPT AND EVALUATE: CLIENT COMPLAINTS

DEVELOP: KNOWLEDGEABLE SERVICE CONSULTANTS

INFORM:CLIENTS OF RELEVANT CHANGES

ENCOURAGE:CLIENT FEEDBACK

Page 16: Presented by astonish results 2011 created by Paul Rakotoarisoa

INFORM:CLIENTS OF RELEVANT CHANGES

ENCOURAGE:CLIENT FEEDBACK

ORGANIZE:AROUND THEIR CLIENTS

CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS

ACCEPT AND EVALUATE: CLIENT COMPLAINTS

Page 17: Presented by astonish results 2011 created by Paul Rakotoarisoa

ENCOURAGE:CLIENT FEEDBACK

INFORM:CLIENTS OF RELEVANT CHANGES

CREATE: A LEARNING RELATIONSHIP WITH CUSTOMERS

ORGANIZE:AROUND THEIR CLIENTS

EMBRACE:DIVERSITY AMONG CLIENTS

Page 18: Presented by astonish results 2011 created by Paul Rakotoarisoa

ORGANIZE:AROUND THEIR CLIENTS

ENCOURAGE:CLIENT FEEDBACK

INFORM:CLIENTS OF RELEVANT CHANGES

EMBRACE:DIVERSITY AMONG CLIENTS

Page 19: Presented by astonish results 2011 created by Paul Rakotoarisoa

EMBRACE:DIVERSITY AMONG CLIENTS

ORGANIZE:AROUND THEIR CLIENTS

ENCOURAGE:CLIENT FEEDBACK