Business Owners: 7 Known Strategies for Growing, Managing and Retaining a Large Client Base
Natasha Menon
Sharing Data-Driven stories to make Next-Level Decision-Making and Growth easy.
If you are a business owner, you know the importance of keeping your clients happy while growing your client base. As soon as you standardize your client interactions the client feels like a number and won't think twice if they were to move on. Most advice out there focuses on great customer service or digital marketing and with the constantly changing times, you need fresh approaches. Here are 7 strategies that would add value to your existing tool kit,
1. Humanize your CRM data
It is common for businesses to analyze the sales data (services, volume and revenue). The key is to use it to understand your customers' emotions and needs besides their buying habits. Knowing what makes your clients tick emotionally can help you personalize your offerings in ways that resonate more deeply.
Insight: Ask, “What does this data say about how my clients feel?” Look for patterns in feedback, reviews, and social media mentions to understand where customers feel valued/frustrated. This helps you connect on a human level.
Source: According to McKinsey, companies that use data to emotionally connect with customers outperform their competitors by 85% in sales growth .
2. Build a Community
Even though technology has made communication easy buy everyone feels aloof. Customers don’t want to feel like they are just a transaction. They want to belong to a community. Brands like Peloton and Nike have grown their businesses by creating groups where people can interact, share experiences and feel like they’re part of something larger.
Insight: Create a space where your clients can connect not just with your brand but with each other. This could be a private online group or a night where all your clients are invited to a movie night with their kids. By facilitating a community you turn one-time buyers into loyal advocates.
Source: Harvard Business Review highlights that communities can enhance customer engagement and loyalty with studies showing 66% of customers feel more connected to brands that foster a sense of belonging .
3. Prevention Is Better Than Cure
Solving problems before they arise is even better. Many businesses wait for customers to complain before acting, but being proactive can prevent issues from escalating. Even though it is uncomfortable to bring an issue up, a client will appreciate your honesty.
Insight: Reach out to your clients every 6 months with a quick check-in to see how things are going before they contact you with a problem. A quarterly email or call asking, “Is there anything we can do better?” shows that you are paying attention.
Source: Research from Forrester found that companies with proactive customer service reduce customer churn by 15% and boost customer lifetime value by 40% .
4. Don't Rush Your Onboarding Process
Most businesses think of onboarding as a one-time activity at the start. They cannot wait to tick the boxes in the checklist and move on to the next client. Onboarding should last for 7 days to up to the first 6 months. A smooth, tailored and drawn out onboarding process to see how they are doing, answer questions and help them with roadblocks over a period of time shows that you are actively interested in them.
Insight: Don’t just give new clients the basics but dig deeper. Offer personalized check ins more frequently during the first 90 days and make sure they’re seeing results early on. This keeps clients engaged and invested in your relationship.
领英推荐
Source: According to a study by Wyzowl, 63% of customers say onboarding impacts whether they remain loyal to a company .
5. Client Intelligence Officer (CIO)
Businesses usually focus on sales teams and hire a Business Development Managers to drive growth. A Client Intelligence Officer uses data and trends to stay ahead of client expectations. He/She monitors, looks beyond what clients are currently buying and anticipates next steps. A leader embodying the principles of a Client Intelligence Officer (CIO) is Jeanne Bliss (founder of Customer Bliss) has worked as a CCO for major companies like Lands' End, Microsoft, Coldwell Banker and Allstate.
Insight: Hire or assign someone to act as your “client whisperer” whose only job is to figure out what your clients will want next. They should track industry trends, client feedback and competitor moves so you can meet your clients’ needs before they even ask.
Source: A Gartner report found that organizations using advanced customer analytics see 10% higher customer retention rates .
6. Gamify Customer Interactions
Ever notice how some apps and platforms keep you coming back because they reward you for milestones? Earning a 7 day streak badge is gamification at work. Many businesses are starting to use the same idea with their customers making engagement fun and rewarding.
Insight: Add a playful element to your loyalty program or interactions. You can offer points for purchases, bonuses for referrals or fun challenges for completing surveys or leaving reviews.
Source: According to PWC, gamification can increase customer engagement by up to 47% and improve brand loyalty .
7. Leverage Silent Feedback (Inactions)
Most businesses rely on direct feedback like surveys or testimonials. "Silent feedback” includes subtle signs like clients reducing the frequency of their orders, leaving your emails unopened or unfollows your business on social media. Picking up on this kind of feedback can help you address issues before clients walk away.
Insight: Use technology that tracks how clients interact with your business. AI tools can help monitor email open rates, social media mentions and website activity. If a client is disengaging you can step in to re-engage them before they churn.
Source: A study by the Aberdeen Group shows that businesses using AI to track silent feedback can improve client retention by 25% .
Conclusion
Growing and retaining a large client base isn’t just about offering great service or products quickly. It is about connecting with your clients in meaningful ways. Like any relationship, this relationship requires work too. It needs your time, attention and calls for genuine activity on your part to keep it going.