The renewal was decided long before the renewal conversation
By the time a renewal looks doubtful, most of the deciding has already happened, and the evidence usually sits in the first few weeks of the relationship.
SBy Steve··5 min read
Most businesses put their retention effort at the end of the contract. Reminders go out ninety days ahead, an account manager books a call, a concession is prepared in case one is needed. It feels like the responsible thing to do. It is also, in a large share of cases, theatre, because the customer’s disposition towards renewing was settled months earlier, in a period nobody was measuring. The uncomfortable version of the claim is this: a renewal conversation rarely changes an outcome. It reveals one. The interesting question is what…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.