The document discusses three topics: conversion rate, performance evaluation, and churn rate. It suggests that to increase the conversion rate, the calling script may need revision and a solid marketing strategy defined. It also notes that performance evaluation of calling agents should consider conversion rate as well as number of calls. Finally, it proposes analyzing churn rates by area to focus customer acquisition on locations with minimum churn rates.
The document discusses three topics: conversion rate, performance evaluation, and churn rate. It suggests that to increase the conversion rate, the calling script may need revision and a solid marketing strategy defined. It also notes that performance evaluation of calling agents should consider conversion rate as well as number of calls. Finally, it proposes analyzing churn rates by area to focus customer acquisition on locations with minimum churn rates.
The document discusses three topics: conversion rate, performance evaluation, and churn rate. It suggests that to increase the conversion rate, the calling script may need revision and a solid marketing strategy defined. It also notes that performance evaluation of calling agents should consider conversion rate as well as number of calls. Finally, it proposes analyzing churn rates by area to focus customer acquisition on locations with minimum churn rates.
• If the conversion rate is on a decline, we need to work on the root-the
calling agents in most probable cases are using a script then script revision would be required. An engaging script is required to be devised, as the leads are being convinced on calls, therefore a script is needed that makes anchors the lead with agent. • Communication with leads will become sometimes tricky as in leads most of the times hail from less privileged backgrounds having least literacy and if the agent is communicating in English it could become a language barrier so we need to define a solid marketing strategy. • I believe these two points will surely increase the conversion rate. Performance Evaluation • Calling agents are the backbone of Rider Acquisition so their performance evaluation is a must. • Performance evaluation would be determined on the conversion rate of the agents but with additional factors involved like maximum number of calls and with the maximum calls with the maximum conversion rate. • By this a leaderboard can be maintained to track an agents performance. Churn Rate • Churn Rate is being determined by the riders performance. • Most of these enrollments are made from Facebook targeted ads, we can eventually define areas with least churn rate and with most churn rate. • We will increase our focus on least churn rate areas rather than the most churn rate areas • Eventually we will define hotspots with minimum and maximum churn rates, and start to increase acquisition from minimum areas and start supplying.