Total leadership - Profit and Progress

5
“Customer Satisfaction is Worthless… June 2010

Transcript of Total leadership - Profit and Progress

Page 1: Total leadership - Profit and Progress

“Customer Satisfaction is Worthless…

June 2010

Page 2: Total leadership - Profit and Progress

…Customer Loyalty is Priceless”

Jeffrey Gitomer

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Loyalty = Profit •  Customers drive Revenue; Loyal Customers drive Profit •  How difficult is the 2nd, 3rd, 4th, nth sale to existing customers? •  5% increase in loyalty can generate up to 80% increase in profits. •  Customer loyalty is a direct function of employee engagement – currently at 30% in most companies!

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Moments of Truth

•  Moments of Truth occur every time a customer directly or indirectly comes into contact with your business. They build:

•  Trust between you and the customer •  An emotional tie with the customer •  Leverage Empathy to meet and exceed ongoing expectations

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Are What Your Clients Getting from Your Products…

•  …Worthless or Priceless?