over 70% of advisers cross sell clients
According to the results from the latest myintroducer.com poll over 70% of advisers say that they cross-sell at least half of all their clients into other products.
A total of 4,754 intermediaires answered the question: What proportion of your clients do you successfully cross-sell into other products?
The results for the myintroducer.com poll are as follows:
- Most of them: 44.55%
- About half of them: 20.79%
- Less than half: 12.38%
- Hardly any: 11.88%
- All of them: 7.43%
- None at all: 2.97%
Justin Rees, Director of Marketing and Partnerships at LeadPoint, comments:
“Over 70% of advisers responded that they cross-sell at least half of all their clients into other products. While this in part has been driven by the tough trading conditions it also shows there are still a great deal of potential revenue opportunities in the financial services industry.
"The key to success is the ability to keep generating new business and lead generation still offers one of the most cost effective ways of targeting your customers. With lead prices as low as just a few pounds there is a great opportunity for all budgets."
The results for the myintroducer.com poll are as follows:
- Most of them: 44.55%
- About half of them: 20.79%
- Less than half: 12.38%
- Hardly any: 11.88%
- All of them: 7.43%
- None at all: 2.97%
Justin Rees, Director of Marketing and Partnerships at LeadPoint, comments:
“Over 70% of advisers responded that they cross-sell at least half of all their clients into other products. While this in part has been driven by the tough trading conditions it also shows there are still a great deal of potential revenue opportunities in the financial services industry.
"The key to success is the ability to keep generating new business and lead generation still offers one of the most cost effective ways of targeting your customers. With lead prices as low as just a few pounds there is a great opportunity for all budgets."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending

Santander
Santander to acquire TSB in £2.65bn deal

Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m

Government
Government confirms launch of permanent Freedom to Buy mortgage scheme

Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge

FCA
FCA fines Barclays £42m over financial crime risks
