Three Stages of the Client Experience and Why They Matter

I've found it useful to focus on these three stages of the client experience to unlock the Lifetime Value of a Client:

Stage #1: The Prospect Stage of the Relationship

• How do you get a sales "lead"?
• How do you communicate and exchange information with your team regarding your sales prospects?
• Is there a way to improve that process and make the experience better for your team or for your prospects?

For example, in my company, we use an app called Calendly to automatically schedule demos and appointments with our sales leads. This eliminates the need for phone tag or back-and-forth emails when it comes to trying to schedule a conversation.

Stage #2: The Client Onboarding or Transaction Stage of the Relationship

• What happens to turn a prospect into a client and how does it happen?'
• How do you "onboard" new clients?
• How do you communicate and exchange info with my team, the client, and 3rd party vendors?
• What does your ideal process look like; and who does what, where, and when?

For example, in my company, we’ve found that our welcome emails are super-important to creating a good customer experience. We also provide tutorials for clients on how to use our products, and any client can schedule training with us at any time to learn how to better use our system in their business.

Stage #3: The Nurture or Database Stage of the Relationship

• What happens after the initial client onboarding process to establish, maintain, and grow the relationship with the client over time?

For example, in my company, our clients subscribe to daily emails where we provide them with value and insight on a daily basis. This helps us to maintain the relationship with our clients over time. Some of our clients in the housing industry unlock the lifetime value of their clients by performing what we call an annual client review. This is where you have an annual human-to-human conversation with each of your clients. You can get updated on where life has taken them during the past year, and you can update them on industry or market trends that may impact them.

So here’s my ridiculous question of the day:

How can you improve one or more of the three stages of your client experience?