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Maximizing Profits
  through Employee
Engagement, Retention
   and Appreciation
               By:

          Lisa Ryan
 Chief Appreciation Strategist
         www.grategy.com
http://bit.ly/ZbjwWe




        http://bit.ly/ZQhmw2   http://bit.ly/ZrIyUa
“ Gratitude” Group
GRATITUDE IS:
The Gratitude Journal
Your Turn
Lifetime Value of a
     Customer
Lifetime Value of a
            Customer
   Spend 5-10x more for new vs. existing
   Average salon retention is 17%
   2% increase = cutting costs by 10%
   5% reduction = > profits by 25-125%
   Profitability rate tends to increase
   Only one in 25 express dissatisfaction.
   Two-thirds do not feel valued
Value of an Engaged
     Employee
Value of an Engaged
        Employee
 Less likely to leave for another job
 More self-motivated, reliable, loyal
 Less absenteeism
 Higher levels of customer approval
 Regularly achieve and surpass
  goals
Staff Incentives
Doing the Unexpected
What works?
Your Turn
How Do You Show
  Appreciation?
Loyalty Card Program
1. Custom design cards
2. Collect info & keep in one area
3. Instruct staff on process
4. Stock products for purchase
5. Determine dollar amount
6. How often will you send?
7. Start it up / Keep it going
8. Make cards reloadable
9. Keep a log – determine what works
CREATE AN EXPERIENCE




    Miami, Florida
Harness the Power of
         Gratitude

    Keep a gratitude journal.

    Every day express
     gratitude to someone.

    Look for ways to “WOW” your clients
     by doing the unexpected.
Thank you!
I appreciate YOU!

For more Info, please call:
       Lisa Ryan
     216-225-8027
  www.grategy.com
  lisa@grategy.com

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Maximizing profits through employee engagement retention and appreciation by Lisa Ryan

  • 1. Maximizing Profits through Employee Engagement, Retention and Appreciation By: Lisa Ryan Chief Appreciation Strategist www.grategy.com
  • 2. http://bit.ly/ZbjwWe http://bit.ly/ZQhmw2 http://bit.ly/ZrIyUa
  • 3.
  • 8. Lifetime Value of a Customer
  • 9. Lifetime Value of a Customer  Spend 5-10x more for new vs. existing  Average salon retention is 17%  2% increase = cutting costs by 10%  5% reduction = > profits by 25-125%  Profitability rate tends to increase  Only one in 25 express dissatisfaction.  Two-thirds do not feel valued
  • 10. Value of an Engaged Employee
  • 11. Value of an Engaged Employee  Less likely to leave for another job  More self-motivated, reliable, loyal  Less absenteeism  Higher levels of customer approval  Regularly achieve and surpass goals
  • 14.
  • 16. Your Turn How Do You Show Appreciation?
  • 17. Loyalty Card Program 1. Custom design cards 2. Collect info & keep in one area 3. Instruct staff on process 4. Stock products for purchase 5. Determine dollar amount 6. How often will you send? 7. Start it up / Keep it going 8. Make cards reloadable 9. Keep a log – determine what works
  • 18. CREATE AN EXPERIENCE Miami, Florida
  • 19.
  • 20. Harness the Power of Gratitude  Keep a gratitude journal.  Every day express gratitude to someone.  Look for ways to “WOW” your clients by doing the unexpected.
  • 21. Thank you! I appreciate YOU! For more Info, please call: Lisa Ryan 216-225-8027 www.grategy.com lisa@grategy.com