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How To Handle Client Relationship

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Presentation on theme: "How To Handle Client Relationship"— Presentation transcript:

1 How To Handle Client Relationship

2 INTRODUCTION. Strong Client relationships drive sales, sustainability, and growth, especially in today's economy. Companies that build and maintain excellent customer and client relationships lead the pack, whereas those that don't put clients first fall off pace and, eventually, disappear completely.

3 How to handle client Relationship
The push for stronger and healthier relationships needs to start now. Regardless of your industry, here are five tips worth considering as you formulate a strategy for improving the quality of your client relationships.

4 1. Engage clients Successful relationships are a two-way street. Loyal customers and clients want to be actively invested in the relationship. If you notice that a client is limiting his or her involvement with you, it could be a sign that the relationship is on shaky ground. For example, if you find that certain clients often cancel calls or do not respond to your calls, that may be an indication they are limiting the time they invest because they are looking to take their business elsewhere.

5 2. Become the first call To become a Trusted Adviser, consider offering assistance before the customer asks, as a way to demonstrate your commitment to the relationship. By getting involved early in the process, you bring added value to the relationship and gain access to additional selling opportunities.

6 3. Solicit feedback If you're serious about improving your client relationships, implementing a regular feedback system is a great way to keep tabs on your clients' wants and needs, which are likely to change from time to time.

7 Cont. Solicit feedback Keep in mind that if you gather feedback from your customer, you must be willing and able to act upon it. Customers who provide you with their feedback expect you to make the changes they've suggested. If you gather feedback and sit on it, you may worsen the relationship with your client

8 4. Think individuals, not numbers
Client aren't homogenous. Rather, every account has its own unique needs and preferences. If 80% of your company's customers are perfectly satisfied, you'd probably consider that a home run. However, what would happen if the 20% of unhappy customers account for the bulk of your revenue?

9 4. Think individuals, not numbers
Although it's tempting to make sweeping generalizations based on aggregated feedback, the best client relationships are created when you tailor your strategy to the expressed needs of each individual customer.

10 5. Maintain open communication Channels
Relationship-building isn't foolproof. Despite your best efforts, some customers will choose to abandon your company for a competitor. But, on the whole, the implementation of relationship-building strategies will yield measurable improvements in sales and lengthen the duration of relationships with your company's most valuable customers.

11 Conclusion Healthy relationships thrive on communication. If your business communicates with client only at their request or when your company needs something, it will be difficult to leverage relationships as a driver of sales. Instead, touch base often with customers to inquire about their progress and to learn how you might be better able to meet their needs and expectations.

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