
|
The Customer Satisfaction Trap: 9 Steps for Insurance Agents to Build Truly Loyal Customers Here is an excerpt from the ebook:
Historically, satisfaction was seen as the driver of customer retention and the key to increasing profits. But satisfaction is becoming regarded as a limited measure of retention. According to Fredrick Reicheld, "Customer satisfaction is not a surrogate for customer retention. While it may seem intuitive that increasing customer satisfaction will increase retention and therefore profits, the facts are contrary. Between 65% and 85% of customers who defect say they were satisfied or very satisfied with their former supplier." But does this apply to insurance?
|
![]() |