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A Rs. 9000
mistake by Avinash Narula in 1997 has turned
into an enlightening concept of Customer Math.
Shortly after Avinash started his advertising
business, he tried to save Rs. 9000 instead
of trying to satisfy and retain the customer.
Being well versed in accounting and finance,
he realized that he had made the biggest mistake
of his life. He realized that losing a customer
was very costly. He became seriously interested
in understanding the cost of losing a customer
and ended up developing the concept of Customer
Math - simple mathematics related to losing
and retaining a customer.
Become
a BELIEVER
You don’t jump off a tall building in
spite of the fact that no one has told you not
to do so. Why? Because you BELIEVE that jumping
from the top of a tall building will harm you
physically and financially. On the other hand,
we ill-treat our customers in spite of the fact
that we have been repeatedly told not to do
so. There are thousands of books and articles
written on the subject. Countless training programs
and seminars are conducted everyday. Why is
it still that we ill-treat our customers? The
answer is simple. We DO NOT BELIEVE that taking
care of the customers and retaining them will
result in success in our business ventures and
careers. If we believed in the concept of “Customer
is King,” we would not ill-treat the customer.
If Avinash Narula was a BELIEVER, he would not
have ill-treated his customer in 1997. If Avinash
Narula had believed that customer satisfaction
and retention was profitable, he would have
not ill-treated his customer.
This is where Customer Math comes
in. It brings you mathematical proof that will
convince you that the customer is the undisputed
“King” and that customer satisfaction
and retention is the most profitable strategy
you can adopt.
The mathematics related to customers
cannot be equated to what is learnt in schools
and colleges. In the lexicon of Customer Math,
1 is not equal to 1. Customer Math formulae
like 1=5, 1=3, 1=12, 1=10000, 10%=47%, 1=23,
5%=50%, and 91%=18% will prove to you that you
can increase sales, market share and profit
even after eliminating your sales and marketing
team and doing away with your advertising agency.
So if you want to succeed
in business or chart an exciting professional
career, Customer Math will show you the way.
Know
your power as a customer
Customer Math will also convince you that you,
the customer, is extremely powerful. Once you
get to know how powerful you are, you will never
take ill-treatment by businesses lying down.
Customer Math will show you how every business
is dependent on you for survival. It will give
you the confidence to exercise your power as
a customer and obtain value for your money.
Avinash Narula says, “Believe me, when
the customer is happy, you are happy and when
the customer is unhappy, you are unhappy.”
Turning businesses, entrepreneurs and professional
executives into BELIEVERS has become Avinash
Narula’s passion in life.
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Objectives
of Customer Math
1. To increase
the awareness of the importance of customer
amongst business executives, entrepreneurs and
businesses as well as to convince them that
there is no strategy better than “customer
retention.”
2. To provide various tools
like books, posters, office stationary, gifts,
accesssories to keep reminding business executives,
entrepreneurs and businesses that customer is
truly the “king.”
3. To provide offline and online
training to intitutionalize customer retention
in organizations.
4. To provide offline and online
training to turn individuals into “Customer
Mathematicians” so as to make them
BELIEVERS in the concept of “Customer
is King.”
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