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Customer
                                                                                                                      retention




                                                                                                                                  Keeping
                                                                                                                                  customers
                                                                                                                                  for life
                                        Key facts
                45%
                retention of
                                        • Retail company – in line
                                          with their strategy to diversify
                                                                               • National charity – Vertex
                                                                                 provides sales and retention
                                          their product offering the client      services on behalf of the charity.
                customers who             launched a home phone product.         We have a dedicated team of data
                were ready                To support and protect its brand       analysts who extract and construct
                to migrate                image, the retailer required           data for marketing campaigns. Last
                                          a strategic partner to develop and     year we delivered 260 marketing
                                          implement a robust, qualitative        campaigns and helped support
                                          operating solution that could be       the receipt of £241 million in
     Supported the                        launched in ninety days. The           membership fees and achieved an
     receipt of                           retailer chose Vertex to be its        86.4% membership retention rate.
                                          partner. On average, we beat its

     £241                                 retention target by approximately
                                          15-20%, retaining over 45% of
                                          customers who called to cancel.
     million
     in membership
     fees




                           86.4%
                           membership     To find out more about how we
                           retention      can help your organisation, call
                           rate           us on 0845 051 8400 or visit
                                          www.vertexgroup.com

prop/0088/ds/01/oct09/je                                                                                                               www.vertexgroup.com
We’ll help you
increase profit and
build customer
loyalty
                                                                                                                                                                                  With
                                                                                                                                                                                  retention
                                                                                                                                                                                  scheme



                                                                                                                 Untapped pool of pro tability

                      A 10% improvement in                                                                                                                • Revenue growth
                                                                                                                                                          • Referrals
                      customer retention relative                                                                                                         • Cost savings




                                                                                                Pro t
                      to your competitors builds to                                                                                                                               No retention
                                                                                                                                                                                  scheme


                      a doubling of your customer
                      base over seven years
                                                                                                           0             1             2             3            4             5
                                                                                                                                              Year
                                                                                                           Acquisition
                                                                                                              cost




                                                                                              How do we do it?                                           Our focus isn’t just on new customers. As customer
                         Invest in your customers                                                                                                        management experts, we know the importance of
                                                                                              Managing customer retention issues requires a deep         retaining existing clients. We focus on your
                         It’s worth remembering that a loyal customer is worth more
                                                                                              understanding of the way a business operates and           customers’ needs as well as bringing innovation
                         to your organisation than a new one. Your customers need to
                                                                                              of the customer experience itself. We work alongside       when it comes to your service proposition – and help
                         feel valued, they want lower costs and demand excellent
                                                                                              you to deliver results by combining insights from          focus and develop your team’s thinking.
                         service. If they don’t get it, they’ll quickly make their feelings
                         known. We ensure that you keep the customers you’ve                  operational knowledge and the customer journey.            Vertex has the industry knowledge and the best
                         invested so much time and money in – and help you to                                                                            practice tools to ensure that the cost in attracting
                         maximise your return on investment.                                  To understand the true picture, we use an approach
                                                                                              centred on; customer interactions analysis, customer       new customers and retaining existing ones is
                                                                                              journey analysis, customer experience analysis and         minimised. We have the processes and systems to
                                                                                                                                                         reduce customer churn, increase retention and
We can dramatically      Your customers can work for you                                      customer history analysis. This allows us to analyse
                                                                                                                                                         provide solutions across the value chain from
                                                                                              and develop strategies to manage customer
                                                                                              retention using decision sciences and analytics.           offer design, channels management, business
                         Your customers are at the centre of your business and our
reduce the cost of       people and processes are focused on improving the customer
                                                                                                                                                         processes, agent performance and operational
                                                                                                                                                         management.
                         experience of your product or service. We’ll prove to you that
sales and service        just an additional 5% loyalty leads to a 75% increase in
delivery                 lifetime profits from a typical customer. We’ll also identify
                         untapped pools of profitability, understanding the root
                         causes of retention and referrals.

                                                                                                                                                                                 www.vertexgroup.com

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Vertex | Customer Management Outsourcing | Customer Retention

  • 1. Customer retention Keeping customers for life Key facts 45% retention of • Retail company – in line with their strategy to diversify • National charity – Vertex provides sales and retention their product offering the client services on behalf of the charity. customers who launched a home phone product. We have a dedicated team of data were ready To support and protect its brand analysts who extract and construct to migrate image, the retailer required data for marketing campaigns. Last a strategic partner to develop and year we delivered 260 marketing implement a robust, qualitative campaigns and helped support operating solution that could be the receipt of £241 million in Supported the launched in ninety days. The membership fees and achieved an receipt of retailer chose Vertex to be its 86.4% membership retention rate. partner. On average, we beat its £241 retention target by approximately 15-20%, retaining over 45% of customers who called to cancel. million in membership fees 86.4% membership To find out more about how we retention can help your organisation, call rate us on 0845 051 8400 or visit www.vertexgroup.com prop/0088/ds/01/oct09/je www.vertexgroup.com
  • 2. We’ll help you increase profit and build customer loyalty With retention scheme Untapped pool of pro tability A 10% improvement in • Revenue growth • Referrals customer retention relative • Cost savings Pro t to your competitors builds to No retention scheme a doubling of your customer base over seven years 0 1 2 3 4 5 Year Acquisition cost How do we do it? Our focus isn’t just on new customers. As customer Invest in your customers management experts, we know the importance of Managing customer retention issues requires a deep retaining existing clients. We focus on your It’s worth remembering that a loyal customer is worth more understanding of the way a business operates and customers’ needs as well as bringing innovation to your organisation than a new one. Your customers need to of the customer experience itself. We work alongside when it comes to your service proposition – and help feel valued, they want lower costs and demand excellent you to deliver results by combining insights from focus and develop your team’s thinking. service. If they don’t get it, they’ll quickly make their feelings known. We ensure that you keep the customers you’ve operational knowledge and the customer journey. Vertex has the industry knowledge and the best invested so much time and money in – and help you to practice tools to ensure that the cost in attracting maximise your return on investment. To understand the true picture, we use an approach centred on; customer interactions analysis, customer new customers and retaining existing ones is journey analysis, customer experience analysis and minimised. We have the processes and systems to reduce customer churn, increase retention and We can dramatically Your customers can work for you customer history analysis. This allows us to analyse provide solutions across the value chain from and develop strategies to manage customer retention using decision sciences and analytics. offer design, channels management, business Your customers are at the centre of your business and our reduce the cost of people and processes are focused on improving the customer processes, agent performance and operational management. experience of your product or service. We’ll prove to you that sales and service just an additional 5% loyalty leads to a 75% increase in delivery lifetime profits from a typical customer. We’ll also identify untapped pools of profitability, understanding the root causes of retention and referrals. www.vertexgroup.com