This PPT slide, part of the 23-slide Organic Growth Framework (OGF) Series: Phase 1 PowerPoint presentation, outlines 3 essential characteristics that define high-yield customer behaviors, crucial for driving sustainable growth. The first characteristic, "Upstream Behavior," emphasizes the importance of customer actions that occur early in the Customer Decision Journey. These behaviors significantly influence future purchasing decisions, making it vital for companies to identify and encourage them.
The second characteristic, "Linked to Strong Growth," highlights that these behaviors should connect to growth opportunities that provide disproportionate benefits to the company. The slide suggests that the potential value of these growth sources is contingent on the company's strategic positioning, indicating that a well-defined strategy can enhance the effectiveness of these behaviors.
The third characteristic, "Cost-effective to Change," focuses on the feasibility of altering customer behaviors for a reasonable return on investment (ROI). The slide notes that while some early customer activities can greatly impact later decisions, they may also be challenging to modify due to cost or complexity. An ROI assessment is crucial for identifying which high-yield behaviors can be targeted effectively.
Examples provided illustrate these concepts in practice. For instance, in financial services, encouraging clients to schedule follow-up appointments can lead to higher enrollment rates. In contrast, startups that invest heavily in costly campaigns without assessing profitability risk unsustainable growth. The slide effectively communicates that understanding these behaviors and their interconnections is vital for strategic decision-making in customer engagement and growth initiatives.
This slide is part of the Organic Growth Framework (OGF) Series: Phase 1 PowerPoint presentation.
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