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REDUCING CHURN
Things you can do at every
stage of the sales funnel to
reduce churn
WHAT IS CHURN?




Ⓒ Clear Thought Consulting Ltd
WHAT IS CHURN?




Ⓒ Clear Thought Consulting Ltd
WHAT IS CHURN?




Ⓒ Clear Thought Consulting Ltd
WHAT IS CHURN?




Ⓒ Clear Thought Consulting Ltd
WHAT IS CHURN?




Ⓒ Clear Thought Consulting Ltd
Ⓒ Clear Thought Consulting Ltd
Awareness    Suspects



                           Interest     Universe


                           Evaluation   Leads


                           Trial        Opportunities


                           Adoption     Sales


                           Loyalty      Repurchase



Ⓒ Clear Thought Consulting Ltd
CHURN = AWARENESS




                                 AWARENESS




Ⓒ Clear Thought Consulting Ltd
CHURN = AWARENESS
    Make sure you’ve identified people with a real
    need for your service, and target them e.g. PR
    in a trade title, rather than general press.



                                                     AWARENESS




Ⓒ Clear Thought Consulting Ltd
CHURN = AWARENESS
    Make sure you’ve identified people with a real
    need for your service, and target them e.g. PR
    in a trade title, rather than general press.



                                                     AWARENESS




Ⓒ Clear Thought Consulting Ltd
CHURN = AWARENESS
    Make sure you’ve identified people with a real
    need for your service, and target them e.g. PR
    in a trade title, rather than general press.


    Make sure your messaging is benefit-led so
                                                     AWARENESS
    people know the desired outcome e.g. you’ll
    save money.




Ⓒ Clear Thought Consulting Ltd
CHURN = AWARENESS
    Make sure you’ve identified people with a real
    need for your service, and target them e.g. PR
    in a trade title, rather than general press.


    Make sure your messaging is benefit-led so
                                                     AWARENESS
    people know the desired outcome e.g. you’ll
    save money.




Ⓒ Clear Thought Consulting Ltd
CHURN = AWARENESS
    Make sure you’ve identified people with a real
    need for your service, and target them e.g. PR
    in a trade title, rather than general press.


    Make sure your messaging is benefit-led so
                                                     AWARENESS
    people know the desired outcome e.g. you’ll
    save money.


    Screen inbound prospects via a filtering or
    qualification process that determines if you
    want to work with them e.g. will they pay?

Ⓒ Clear Thought Consulting Ltd
CHURN = AWARENESS
    Make sure you’ve identified people with a real
    need for your service, and target them e.g. PR
    in a trade title, rather than general press.


    Make sure your messaging is benefit-led so
                                                      AWARENESS
    people know the desired outcome e.g. you’ll
    save money.


    Screen inbound prospects via a filtering or
    qualification process that determines if you
    want to work with them e.g. will they pay?

Ⓒ Clear Thought Consulting Ltd                       INFLUENCE: 
CHURN = INTEREST




                                 INTEREST




Ⓒ Clear Thought Consulting Ltd
CHURN = INTEREST
    Understand their needs:

        Work out a qualification script.
        Prepare an online audit tool.
        Understand what success means to them.

        Remember to qualify on cultural fit.
                                                 INTEREST




Ⓒ Clear Thought Consulting Ltd
CHURN = INTEREST
    Understand their needs:

        Work out a qualification script.
        Prepare an online audit tool.
        Understand what success means to them.

        Remember to qualify on cultural fit.
                                                       INTEREST


    If you can’t help them, let them go:
        Have a referral list for any that don’t fit.
        Have a polite way of saying no.

Ⓒ Clear Thought Consulting Ltd
CHURN = INTEREST
    Understand their needs:

        Work out a qualification script.
        Prepare an online audit tool.
        Understand what success means to them.

        Remember to qualify on cultural fit.
                                                         INTEREST


    If you can’t help them, let them go:
        Have a referral list for any that don’t fit.
        Have a polite way of saying no.

Ⓒ Clear Thought Consulting Ltd                         INFLUENCE: 
CHURN = EVALUATION / TRIAL




                                 EVALUATION

                                   TRIAL




Ⓒ Clear Thought Consulting Ltd
CHURN = EVALUATION / TRIAL
    Set really clear expectations:




                                     EVALUATION

                                       TRIAL




Ⓒ Clear Thought Consulting Ltd
CHURN = EVALUATION / TRIAL
    Set really clear expectations:

        Cost: price, out of pocket, set-up, billing
        schedule, payment terms.




                                                      EVALUATION

                                                        TRIAL




Ⓒ Clear Thought Consulting Ltd
CHURN = EVALUATION / TRIAL
    Set really clear expectations:

        Cost: price, out of pocket, set-up, billing
        schedule, payment terms.
        Time: when they can expect what, how
        much time will they need to put in?

                                                      EVALUATION

                                                        TRIAL




Ⓒ Clear Thought Consulting Ltd
CHURN = EVALUATION / TRIAL
    Set really clear expectations:

        Cost: price, out of pocket, set-up, billing
        schedule, payment terms.
        Time: when they can expect what, how
        much time will they need to put in?
        Quality: standards they can expect, how
                                                      EVALUATION
        will this be measured?
                                                        TRIAL




Ⓒ Clear Thought Consulting Ltd
CHURN = EVALUATION / TRIAL
    Set really clear expectations:

        Cost: price, out of pocket, set-up, billing
        schedule, payment terms.
        Time: when they can expect what, how
        much time will they need to put in?
        Quality: standards they can expect, how
                                                      EVALUATION
        will this be measured?
                                                        TRIAL
        People: who will they work with, who can
        they contact, do they get on?



Ⓒ Clear Thought Consulting Ltd
CHURN = EVALUATION / TRIAL
    Set really clear expectations:

        Cost: price, out of pocket, set-up, billing
        schedule, payment terms.
        Time: when they can expect what, how
        much time will they need to put in?
        Quality: standards they can expect, how
                                                       EVALUATION
        will this be measured?
                                                         TRIAL
        People: who will they work with, who can
        they contact, do they get on?



Ⓒ Clear Thought Consulting Ltd
                                                      INFLUENCE: 
CHURN = ADOPTION




                                 ADOPTION




Ⓒ Clear Thought Consulting Ltd
CHURN = ADOPTION
    Make them welcome:

        Say thank you in some way.
        Provide clear instructions.
        Clarify how to get help.




                                      ADOPTION




Ⓒ Clear Thought Consulting Ltd
CHURN = ADOPTION
    Make them welcome:

        Say thank you in some way.
        Provide clear instructions.
        Clarify how to get help.



    Check-in regularly:

        Have a structure for checking satisfaction.   ADOPTION

        Provide channels for feedback.



Ⓒ Clear Thought Consulting Ltd
CHURN = ADOPTION
    Make them welcome:

        Say thank you in some way.
        Provide clear instructions.
        Clarify how to get help.



    Check-in regularly:

        Have a structure for checking satisfaction.   ADOPTION

        Provide channels for feedback.



Ⓒ Clear Thought Consulting Ltd
CHURN = ADOPTION
    Make them welcome:

        Say thank you in some way.
        Provide clear instructions.
        Clarify how to get help.



    Check-in regularly:

        Have a structure for checking satisfaction.   ADOPTION

        Provide channels for feedback.



Ⓒ Clear Thought Consulting Ltd
CHURN = ADOPTION
    Make them welcome:

        Say thank you in some way.
        Provide clear instructions.
        Clarify how to get help.



    Check-in regularly:

        Have a structure for checking satisfaction.     ADOPTION

        Provide channels for feedback.



Ⓒ Clear Thought Consulting Ltd
                                                      INFLUENCE: 
CHURN = LOYALTY




                                 LOYALTY




Ⓒ Clear Thought Consulting Ltd
CHURN = LOYALTY
    Keep them engaged:

        Get them engaged in eNews, Twitter, etc.
        Feature them as a case study.
        Invite them to events.

        Let them determine levels of contact.
        Keep up to date with their changing needs.



                                                     LOYALTY




Ⓒ Clear Thought Consulting Ltd
CHURN = LOYALTY
    Keep them engaged:

        Get them engaged in eNews, Twitter, etc.
        Feature them as a case study.
        Invite them to events.

        Let them determine levels of contact.
        Keep up to date with their changing needs.



                                                       LOYALTY




Ⓒ Clear Thought Consulting Ltd                       INFLUENCE: 
Awareness        Suspects



                Interest         Universe


                Evaluation       Leads


                Trial            Opportunities


                Adoption         Sales


                Loyalty          Repurchase



Ⓒ Clear Thought Consulting Ltd
Awareness        Suspects



                Interest         Universe


                Evaluation       Leads


                Trial            Opportunities


                Adoption         Sales


                Loyalty          Repurchase



Ⓒ Clear Thought Consulting Ltd
Awareness        Suspects



                Interest         Universe


                Evaluation       Leads


                Trial            Opportunities


                Adoption         Sales


                Loyalty          Repurchase



Ⓒ Clear Thought Consulting Ltd
Awareness        Suspects



                Interest         Universe


                Evaluation       Leads


                Trial            Opportunities


                Adoption         Sales


                Loyalty          Repurchase



Ⓒ Clear Thought Consulting Ltd
Awareness        Suspects



                Interest         Universe


                Evaluation       Leads


                Trial            Opportunities


                Adoption         Sales


                Loyalty          Repurchase



Ⓒ Clear Thought Consulting Ltd
Awareness        Suspects



                Interest         Universe


                Evaluation       Leads


                Trial            Opportunities


                Adoption         Sales


                Loyalty          Repurchase



Ⓒ Clear Thought Consulting Ltd
Awareness        Suspects



                Interest         Universe


                Evaluation       Leads


                Trial            Opportunities


                Adoption         Sales


                Loyalty          Repurchase



Ⓒ Clear Thought Consulting Ltd
REMEMBER…




Ⓒ Clear Thought Consulting Ltd
REMEMBER…



      Positive choices make positive relationships.




Ⓒ Clear Thought Consulting Ltd
REMEMBER…



      Positive choices make positive relationships.
      Needs change over time.




Ⓒ Clear Thought Consulting Ltd
REMEMBER…



      Positive choices make positive relationships.
      Needs change over time.
      No nasty surprises.




Ⓒ Clear Thought Consulting Ltd
www.clear-thought.co.uk

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Churn and the sales funnel

  • 1. REDUCING CHURN Things you can do at every stage of the sales funnel to reduce churn
  • 2. WHAT IS CHURN? Ⓒ Clear Thought Consulting Ltd
  • 3. WHAT IS CHURN? Ⓒ Clear Thought Consulting Ltd
  • 4. WHAT IS CHURN? Ⓒ Clear Thought Consulting Ltd
  • 5. WHAT IS CHURN? Ⓒ Clear Thought Consulting Ltd
  • 6. WHAT IS CHURN? Ⓒ Clear Thought Consulting Ltd
  • 7. Ⓒ Clear Thought Consulting Ltd
  • 8. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 9. CHURN = AWARENESS AWARENESS Ⓒ Clear Thought Consulting Ltd
  • 10. CHURN = AWARENESS Make sure you’ve identified people with a real need for your service, and target them e.g. PR in a trade title, rather than general press. AWARENESS Ⓒ Clear Thought Consulting Ltd
  • 11. CHURN = AWARENESS Make sure you’ve identified people with a real need for your service, and target them e.g. PR in a trade title, rather than general press. AWARENESS Ⓒ Clear Thought Consulting Ltd
  • 12. CHURN = AWARENESS Make sure you’ve identified people with a real need for your service, and target them e.g. PR in a trade title, rather than general press. Make sure your messaging is benefit-led so AWARENESS people know the desired outcome e.g. you’ll save money. Ⓒ Clear Thought Consulting Ltd
  • 13. CHURN = AWARENESS Make sure you’ve identified people with a real need for your service, and target them e.g. PR in a trade title, rather than general press. Make sure your messaging is benefit-led so AWARENESS people know the desired outcome e.g. you’ll save money. Ⓒ Clear Thought Consulting Ltd
  • 14. CHURN = AWARENESS Make sure you’ve identified people with a real need for your service, and target them e.g. PR in a trade title, rather than general press. Make sure your messaging is benefit-led so AWARENESS people know the desired outcome e.g. you’ll save money. Screen inbound prospects via a filtering or qualification process that determines if you want to work with them e.g. will they pay? Ⓒ Clear Thought Consulting Ltd
  • 15. CHURN = AWARENESS Make sure you’ve identified people with a real need for your service, and target them e.g. PR in a trade title, rather than general press. Make sure your messaging is benefit-led so AWARENESS people know the desired outcome e.g. you’ll save money. Screen inbound prospects via a filtering or qualification process that determines if you want to work with them e.g. will they pay? Ⓒ Clear Thought Consulting Ltd INFLUENCE: 
  • 16. CHURN = INTEREST INTEREST Ⓒ Clear Thought Consulting Ltd
  • 17. CHURN = INTEREST Understand their needs: Work out a qualification script. Prepare an online audit tool. Understand what success means to them. Remember to qualify on cultural fit. INTEREST Ⓒ Clear Thought Consulting Ltd
  • 18. CHURN = INTEREST Understand their needs: Work out a qualification script. Prepare an online audit tool. Understand what success means to them. Remember to qualify on cultural fit. INTEREST If you can’t help them, let them go: Have a referral list for any that don’t fit. Have a polite way of saying no. Ⓒ Clear Thought Consulting Ltd
  • 19. CHURN = INTEREST Understand their needs: Work out a qualification script. Prepare an online audit tool. Understand what success means to them. Remember to qualify on cultural fit. INTEREST If you can’t help them, let them go: Have a referral list for any that don’t fit. Have a polite way of saying no. Ⓒ Clear Thought Consulting Ltd INFLUENCE: 
  • 20. CHURN = EVALUATION / TRIAL EVALUATION TRIAL Ⓒ Clear Thought Consulting Ltd
  • 21. CHURN = EVALUATION / TRIAL Set really clear expectations: EVALUATION TRIAL Ⓒ Clear Thought Consulting Ltd
  • 22. CHURN = EVALUATION / TRIAL Set really clear expectations: Cost: price, out of pocket, set-up, billing schedule, payment terms. EVALUATION TRIAL Ⓒ Clear Thought Consulting Ltd
  • 23. CHURN = EVALUATION / TRIAL Set really clear expectations: Cost: price, out of pocket, set-up, billing schedule, payment terms. Time: when they can expect what, how much time will they need to put in? EVALUATION TRIAL Ⓒ Clear Thought Consulting Ltd
  • 24. CHURN = EVALUATION / TRIAL Set really clear expectations: Cost: price, out of pocket, set-up, billing schedule, payment terms. Time: when they can expect what, how much time will they need to put in? Quality: standards they can expect, how EVALUATION will this be measured? TRIAL Ⓒ Clear Thought Consulting Ltd
  • 25. CHURN = EVALUATION / TRIAL Set really clear expectations: Cost: price, out of pocket, set-up, billing schedule, payment terms. Time: when they can expect what, how much time will they need to put in? Quality: standards they can expect, how EVALUATION will this be measured? TRIAL People: who will they work with, who can they contact, do they get on? Ⓒ Clear Thought Consulting Ltd
  • 26. CHURN = EVALUATION / TRIAL Set really clear expectations: Cost: price, out of pocket, set-up, billing schedule, payment terms. Time: when they can expect what, how much time will they need to put in? Quality: standards they can expect, how EVALUATION will this be measured? TRIAL People: who will they work with, who can they contact, do they get on? Ⓒ Clear Thought Consulting Ltd INFLUENCE: 
  • 27. CHURN = ADOPTION ADOPTION Ⓒ Clear Thought Consulting Ltd
  • 28. CHURN = ADOPTION Make them welcome: Say thank you in some way. Provide clear instructions. Clarify how to get help. ADOPTION Ⓒ Clear Thought Consulting Ltd
  • 29. CHURN = ADOPTION Make them welcome: Say thank you in some way. Provide clear instructions. Clarify how to get help. Check-in regularly: Have a structure for checking satisfaction. ADOPTION Provide channels for feedback. Ⓒ Clear Thought Consulting Ltd
  • 30. CHURN = ADOPTION Make them welcome: Say thank you in some way. Provide clear instructions. Clarify how to get help. Check-in regularly: Have a structure for checking satisfaction. ADOPTION Provide channels for feedback. Ⓒ Clear Thought Consulting Ltd
  • 31. CHURN = ADOPTION Make them welcome: Say thank you in some way. Provide clear instructions. Clarify how to get help. Check-in regularly: Have a structure for checking satisfaction. ADOPTION Provide channels for feedback. Ⓒ Clear Thought Consulting Ltd
  • 32. CHURN = ADOPTION Make them welcome: Say thank you in some way. Provide clear instructions. Clarify how to get help. Check-in regularly: Have a structure for checking satisfaction. ADOPTION Provide channels for feedback. Ⓒ Clear Thought Consulting Ltd INFLUENCE: 
  • 33. CHURN = LOYALTY LOYALTY Ⓒ Clear Thought Consulting Ltd
  • 34. CHURN = LOYALTY Keep them engaged: Get them engaged in eNews, Twitter, etc. Feature them as a case study. Invite them to events. Let them determine levels of contact. Keep up to date with their changing needs. LOYALTY Ⓒ Clear Thought Consulting Ltd
  • 35. CHURN = LOYALTY Keep them engaged: Get them engaged in eNews, Twitter, etc. Feature them as a case study. Invite them to events. Let them determine levels of contact. Keep up to date with their changing needs. LOYALTY Ⓒ Clear Thought Consulting Ltd INFLUENCE: 
  • 36. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 37. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 38. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 39. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 40. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 41. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 42. Awareness Suspects Interest Universe Evaluation Leads Trial Opportunities Adoption Sales Loyalty Repurchase Ⓒ Clear Thought Consulting Ltd
  • 44. REMEMBER… Positive choices make positive relationships. Ⓒ Clear Thought Consulting Ltd
  • 45. REMEMBER… Positive choices make positive relationships. Needs change over time. Ⓒ Clear Thought Consulting Ltd
  • 46. REMEMBER… Positive choices make positive relationships. Needs change over time. No nasty surprises. Ⓒ Clear Thought Consulting Ltd