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Customer Retention Plan in
     Acquisition Situation
                  30 maart 2011
Customer centricity


     Customer                Customer              Customer
     Orientation            Configuration         Information



•  Organise during       •  Design            •  Gather in-depth
   the transition           processes and        customer
   extra attention for      procedures that      information and
   company wide             are customer         communicate with
   focus on the             centric              customers on a
   customer, i.e.                                regular basis on
   through all                                   the progress and
   departments                                   the issues

                                  2
Reasons for change in
          supplier during acquisition


          Leave                           Stay


•  Fear of administrative       •  Switching costs
   mess                         •  Customer care during
•  Service delivery                transition
•  Conditions                   •  Seamless changeover
•  Pricing                      •  Trust and comfort
•  Change in personnel          •  High attention level
•  Loyalty issues               •  Stable relationship
•  New parent company              management
                            3
Customer segmentation
            during transition


   Importance         Sensitivity            Complexity



•  Overall        •  Critical nature     •  Multi product
   importance        personality         •  Switching costs
•  Volumes and    •  Depth of
   revenues          relationship
                  •  Desired attention
                     level


                           4
Customer information


Ask the customer in early stages of the transition project
what they feel and what their wishes and concerns are.
Use external parties for these customer interviews:

•  It is a specialism, don’t risk the quality label of your
   organisation by conducting the interviews yourselves

•  Its is a sign of professionalism and it shows your customers
   that you take the interviews very seriously

•  Customers will tell what they really feel without hesitation
   because it is not their relationship conducting the interview
                                 5
Action items

Examples
of
customer
focused
actions
during
acquisition
transition


• 

Segmentation

• 

Customer
questionnaire/interviews

• 

Monthly

progress
letter

• 

Customer
retention
team

• 

Bi‐monthly

managers
progress
meeting

• 

Social
media
“customer
retention
channel”

• 

Senior
management
involvement

• 

Defector
follow‐up

• 

Transition
helpdesk
     6

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Customer Retention