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Some Business Stats

Posted 09-04-2010 at 02:59 PM by Order In The House  


*79% of all leads generated at a Trade Show or Networking Event aren't followed up on

*Only 3% mof all our mail is personal How do you feel when you walk out to the mailbox and see a personal card addressed to you? Your clients/prospects are no different.

*Average company loses 50% of it's customers every 5 years...Cost of replacing them can be 6-7 times more expensive.

*5% increase in customer loyalty will yield 20-80% to our bottom line profit...Much wiser to spend money on customer retention then acquisition

* For every month that we don't contact or communicate with our client, we lose 10% of our influence.
*Just saying Thank You to our clients, particularly our new clients even with only a phone call to do nothing more than say Thank You (do not make this about more business) will increase your business by about 17%

*95% of our customers will purchase from a competitor even if you provide a great service on an impulse.
Total Comments 2

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Old
Your Virtual Wizard's Avatar
Hello,

Would you please site where these facts originated?

Thanks,

Janine
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Posted 09-04-2010 at 05:37 PM by Your Virtual Wizard Your Virtual Wizard is offline
Old
On My Wings's Avatar
Janine - I completely agree with needing the resources.
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Posted 09-17-2010 at 11:02 PM by On My Wings On My Wings is offline
 
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