how to retain and gain customers

1
//////////////////////// Annual Update Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc vel justo cursus, porttitor nibh vitae, aliquam quam. Praesent finibus nibh eget viverra ultrices. Integer mattis finibus nibh, quis condimentum dolor porta malesuada. Vivamus sed lacus pharetra, auctor nulla ac, varius arcu Good News, Everyone AO grew from a £1 bet to a £600M business by expanding capabilities, product range and sales territory 7) //////////////////// //////////////////////// 1,450 ANNUAL PRODUCTION OF MADE UP STATS All words and no pictures make Jack a dull boy. Nunc vel justo cursus, porttitor nibh vitae, aliquam quam. Praesent finibus nibh eget viverra ultrices. Integer mattis finibus nibh, quis condimentum dolor porta malesuada. Vivamus lacus pharetra, dumbledore. Lego Architecture Lego Friends Lego Fusion The Lego Movie ADDITIONAL STATS Sources of information: 1) Econsultancy 2) Marketing Metrics 3) Harvard Business Review 4) Sky / FreeSat 5) Bain & Company 6) Forrester 7) AO annual reports 8) Lego annual reports 9) McKinsey 10)Jack Welch on LinkedIn Want to learn more? Sign up to Accelerate Me! to get your copy of How to Use 6 Strategies for Successful Sales ACCELERATE ME! HOW TO RETAIN AND GAIN CUSTOMERS 82% Acquisition Retention Both 45% 40% 15% Marketing funds are directed more to acquiring rather than retaining customers 1) 8 out of 10 marketing professionals state that it is cheaper to retain an existing customer than gain a new one 1) //////////////////////////// 3 WINNING RETENTION STRATEGIES R etain R egain Revalue Follow the lead of these 3 great companies 3 WINNING ACQUISITION STRATEGIES //////////////////////////// As used by these leading businesses £0 £100 £200 £300 £400 £500 £600 FY 2014 FY 2015 FY 2016 AO Group Revenue (£M) R egain 4X £600M E volve R evalue Lapsed customers are 4x more likely to buy from you than new prospects 2) BONUS Won back clients may have the highest CLV of all your customers 3) 35% 35% of Amazon revenues come from up and cross selling Double Down Combine “retain” with “revalue” Ecommerce orders are 2x as big from existing vs new customers 6) /////// //////////////////////// R etain 130K //////// By reducing churn rates from 10.9% to 9.8% SKY held on to an additional 130,000 customers in 2015 generating ca. £62m extra revenue 4) It costs 6 to 7 times more to acquire a new customer than to retain an existing customer 5) E xpand 2X Lego doubled its turnover and nearly trebled its profits between 2010 and 2015 TIP: Evolve whilst staying close to your core. Legoland theme parks were a step too far 8) Exclude 1 + 1 = >2 //////// WARNING!: M&As have a 65-75% failure rate 9). Follow Jack Welch’s 6 tips for success 10) The magic formula for mergers and acquisitions. Exclude the competition by buying your rivals and their customer base www.chrisdunnconsulting.co.uk volve E xpand E xclude E Chris Dunn Consulting Services Limited © 2016 All Rights Reserved

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////////////////////////Annual Update

Lorem ipsum dolor sit amet, consectetur

adipiscing elit. Nunc vel justo cursus,

porttitor nibh vitae, aliquam quam.

Praesent finibus nibh eget viverra

ultrices. Integer mattis finibus nibh, quis

condimentum dolor porta malesuada.

Vivamus sed lacus pharetra, auctor

nulla ac, varius arcu

Good News, Everyone

AO grew from a

£1 bet to a £600M

business by

expanding

capabilities,

product range and

sales territory 7)

////////////////////

////////////////////////

1,450ANNUAL PRODUCTION

OF MADE UP STATS

All words and no pictures make

Jack a dull boy. Nunc vel justo

cursus, porttitor nibh vitae,

aliquam quam. Praesent finibus

nibh eget viverra ultrices.

Integer mattis finibus nibh, quis

condimentum dolor porta

malesuada. Vivamus lacus

pharetra, dumbledore.

● Lego Architecture

● Lego Friends

● Lego Fusion

● The Lego Movie

ADDITIONAL STATS

Sources of information:

1) Econsultancy

2) Marketing Metrics

3) Harvard Business Review

4) Sky / FreeSat

5) Bain & Company

6) Forrester

7) AO annual reports

8) Lego annual reports

9) McKinsey

10)Jack Welch on LinkedIn

Want to learn more?

Sign up to Accelerate

Me! to get your copy of

How to Use 6 Strategies

for Successful Sales

ACCELERATE ME!

HOW TO RETAIN AND GAIN CUSTOMERS

82%

Acquisition Retention Both

45% 40%

15%

Marketing funds

are directed more

to acquiring rather

than retaining

customers 1)

8 out of 10

marketing

professionals

state that it is

cheaper to retain

an existing

customer than

gain a new one 1)

//////////////////////////// 3 WINNING RETENTION STRATEGIES

RetainRegain Revalue

Follow the lead of these 3 great companies

3 WINNING ACQUISITION STRATEGIES ////////////////////////////

As used by these leading businesses

£0

£100

£200

£300

£400

£500

£600

FY 2014 FY 2015 FY 2016

AO Group Revenue (£M)

Regain

4X

£600M

Evolve

Revalue

Lapsed customers

are 4x more likely to

buy from you than

new prospects 2)

BONUS Won back clients may have the

highest CLV of all your customers 3)

35% 35% of Amazon

revenues come from

up and cross selling

Double Down Combine “retain” with

“revalue” Ecommerce orders are 2x as

big from existing vs new customers 6)

///////////////////////////////

Retain

130K////////

By reducing churn

rates from 10.9% to

9.8% SKY held on to

an additional

130,000 customers

in 2015 generating

ca. £62m extra

revenue 4)

It costs 6 to 7 times more to acquire a

new customer than to retain an

existing customer 5)

Expand

2X

Lego doubled its

turnover and nearly

trebled its profits

between 2010 and 2015

TIP: Evolve whilst staying close to your

core. Legoland theme parks were a step

too far 8)

Exclude

1 + 1=>2

////////

WARNING!: M&As have a 65-75%

failure rate 9). Follow Jack Welch’s 6 tips

for success 10)

The magic formula

for mergers and

acquisitions.

Exclude the

competition by

buying your rivals

and their customer

base

www.chrisdunnconsulting.co.uk

volveExpand ExcludeE

Chris Dunn Consulting Services Limited

© 2016 All Rights Reserved