Here are the key reports that form the foundation for relationship retention and development.
Cross-Sell reports reveal the synergy between products, and suggest which products fit together - so that these can be cross-sold to households having one product, but not the other. This is useful for sales, and for product development and mnarketing management. The cross-sell ratio, or number of services per household, is also useful when examining and tracking how deep your relationships are.
Combination of Services tells you some of the most important, and actionable, things about your customer base - how many single service households you have, and which combinations of products are most prevalent. Converting the single service hosueholds into one of your popular combinations is a critical early goal.
The Decile Report isolates the top 10% - and bottom 10% to 40% - of your customer portfolio and is one of the most powerful reports, a kick start for your whole sales and marketing culture.
Price wisely by setting the optimal balance tiers, byunderstanding how your balances are distributed by product with the Balance Distribution Report.
The A&L committee will appreciate your support when you use the Maturing CD Report to proactively address cost of funds and the retention and development of key relationships.
Set realistic performance goals for the branches with the Branch Penetration Report, a convenient and powerful tool to track branch performance and support the branches to sell products most effectively.
Understand the geographic distribution of your current and prospective business, relative to your current and planned branches, and those of competitors, with the Geographic Penetration Report and maps.