cover of episode S3E17: 3 Things To Do - Keeping Client Turnover Down

S3E17: 3 Things To Do - Keeping Client Turnover Down

2024/1/2
logo of podcast Cash Flow with Pam Prior

Cash Flow with Pam Prior

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Disclaimer: The content in this podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a financial professional to determine what may be best for your individual needs.

In the first part of a two-part series focusing on clients, we discuss three crucial actions to take in order to keep client turnover at a minimum. Client turnover can significantly impact your company's growth and bottom line, so it's crucial to implement powerful retention tactics. I discuss the importance of overwhelming clients with an exceptional onboarding experience, putting yourself in their shoes to understand their needs for communication and involvement, and the incredible impact of a dedicated customer concierge. These strategies not only help retain clients but also foster deep connections and loyalty, ultimately benefiting your business's long-term success. Join me in this insightful discussion and learn how to keep your clients happy and engaged for the long haul! 

5 Key Takeaways:

  • The cost of acquiring new clients vs. retaining existing ones
  • Exceeding client expectations from the start by providing a thorough onboarding experience 
  • Understanding the client's perspective and ensuring regular communication to keep them informed 
  • Implementing a client concierge to provide personalized and attentive care for clients 
  • The importance of nurturing long-term relationships with clients for business growth and stability

 

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