ACCOUNT GROWTH

Account Growth

Securing and expanding existing business should be at the heart of any organisation's growth engine

It is a common belief that the quickest, and most cost-effective way to accelerate growth is by reaching out to your existing client base, Surveys and studies completed over many years estimate that it is between 3 and 30 times more expensive to get new customers than retaining existing ones (depending on industry type and contract duration). * Source: Chartered Institute of Marketing

It is also estimated that a 5% increase in client retention yields profit increases of 25% to 95%.

* Source: Bain & Co.

However well you deliver your existing contract, clients will not simply extend or add further product or services, you have to earn the right over a period of time. PSP are experienced in putting together programmes tailored to suit your specific needs and help you achieve your organic growth targets.

Read More

Victoria House

10, Broad Street

Abingdon, Oxfordshire

OX14 3LH

chris.wilson@practicalsalesprocesses.co.uk

Tel +44 (0) 7772583979

  • LinkedIn Social Icon
  • Facebook Social Icon
  • Twitter Social Icon

Company Registration No. 07 2446 55