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How To Boost Client Retention – Without Customer Service or Account Reps

Sales and Marketing Management

Harvard Business Review estimated that customer acquisition is 5 to 25 times as expensive as customer retention. What’s more, a Bain & Company study found that increasing customer retention rates by a mere 5% boosts profits by 25% to 95%. How you do it is less important than that you train everyone to use it. What to do?

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Value Driven Strategy for Client Retention

Vendor Neutral

Do You Have a Value Driven Strategy to Enhance Client Retention? It is little surprise client retention is so prominent in the minds of businesses leaders today. What is the role of value in these efforts, though, and what are some methods for improving retention in today’s selling landscape? Why Client Retention Matters.

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Activating Your Virtual Sales Force: Inspire, Educate and Connect Your Sellers Remotely

Sales and Marketing Management

Author: Doug Bushée and Shayne Jackson Last March, sales leaders had to quickly shift from enabling in-person sellers to enabling virtual sellers. Now, as we dive deeper into a new year, sales leaders are tackling another issue. Many sales organizations have pivoted to virtual events rather than simply canceling major sales events.

Education 194
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How to Overcome the Top 3 Pains of Virtual Training

Allego

Many training managers are scrambling right now. In-person sessions have been canceled. For sales to stay on track, it’s even more important than usual for reps to collaborate and share best practices with one another. There are two important types of training that set reps up to be as productive as possible.

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7 Must-Have Automated Documents for Sales Success

Learn why automating your documents is key to sales success. Companies are increasingly implementing technology to bring efficiency to their workforce. Data accessibility aside, teams continuously struggle with manual processes for document generation.

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The Customer Success experiment: How focusing on long-term value solved our retention problem

Nutshell

Coming from a sales management and real estate background, I understood our customers’ hustle. The problem that inspired my next steps was that renewals between 10 months and one year were dropping below 100% MRR retention. Even worse, we were losing over half of new customers at 12 months. The truth is, Nutshell doesn’t sell boxes.

Retention 107
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Outsourcing Strategy Can Help with Business Growth

Smooth Sale

An essential fact is that you can cancel a contract to help with outsourcing without terminating your staff members. Envision Being on the BIG Stages Sales Tips: Outsourcing Strategy Can Help with Business Growth 1. Today’s insights are provided to help you achieve the Smooth Sale! Be Inspired and Inspiring! Celebrate Success!