586: The Client Lifecycle
The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix
Natalie Eckdahl
4.8 • 630 Ratings
🗓️ 27 July 2023
⏱️ 39 minutes
🧾️ Download transcript
Summary
What happens from your client’s perspective after the contract is signed? What is your onboarding process like? What do you do to stay connected to the client, aside from presenting deliverables?
Are you working to continue your relationship with them in the future – as a renewal with a long term contract or as a potential referral partner?
Often we focus on the client journey, beginning with how you first get seen by a client and ending with a signed contract and payment.
This longer view is the “The Client Lifecycle.”
It has many different stages and each stage can have a massive impact on your business.
Today I'm joined by $ix Figures Lab coach, Elizabeth Cook, as we explore the many stages of client interaction.
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This episode was first published at BizChix.com/586.
Transcript
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| 0:00.0 | Elizabeth, thank you for joining me today to talk about the client lifecycle. |
| 0:06.7 | Yes, so you have a new framework you're introducing. |
| 0:10.2 | Oh my goodness, this has been festering in my brain for a very long time. |
| 0:16.4 | And it took some back and forth with our amazing graphic designer, but we have settled on a image |
| 0:25.1 | and a frame, it is a framework, but we really have it dialed in. And talking about the client |
| 0:30.4 | lifecycle is, is like marketing 101, to be honest. But the way that it's mapped out is unique or specific to our ideal client, which are |
| 0:42.0 | marketers, consultants, and financial professionals. You could have another service business and |
| 0:47.3 | your clients would likely go through this same process as well. Let's dive in. Let me just share |
| 0:52.6 | what would be helpful. Should I share the different? First of all, |
| 0:55.7 | like life cycle for people who haven't heard it described that way. You know, sometimes we hear |
| 1:01.0 | like customer journey, that kind of language. And life cycle, like I think back to biology class. |
| 1:09.3 | So maybe you could start there just by kind of talking about what's big |
| 1:13.4 | picture. What's the goal of mapping this out in this way? I think I like life cycle because that's how |
| 1:20.3 | I was taught these words. You know, in my, I have a business undergrad and a master's in business as |
| 1:27.3 | well. And was in a PhD program |
| 1:30.4 | between those two, but then left it to pursue my MBA. |
| 1:34.0 | I really think of it as life cycle to me is like there's stages that are happening |
| 1:40.2 | and to be aware that there's different things happening at different stages versus |
| 1:44.2 | customer journey doesn't feel as all inclusive from beginning middle, |
| 1:50.0 | late middle to the end. It feels more early. Like here's the journey to get to you. But the life |
| 1:57.7 | cycle is from, you know, I don't know who you are through this whole process |
| 2:04.2 | of working together and then ending our work together. And there are one, two, three, four, five, |
... |
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