Podcast ¦ Collecting Thoughts: Keeping Repeat Business with Robert Fagan

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Key Takeaways

Emphasising customer centricity can help build brand loyalty, even in the collections industry.
Balancing the goals of collecting debt while providing a positive customer experience is essential for repeat business.
Technology, such as AI, payment portals, and communication apps, play a significant role in enhancing customer interactions.
Attending industry conferences can provide valuable insights and networking opportunities for professional growth.

Key Statistics

65% of Eastern Funding's business comes from repeat customers.
The conference discussed the role of AI in credit and collections strategies.

Key Discussion Points

The importance of handling delinquent accounts with tact due to potential future business opportunities.
The impact of technology, such as payment portals and communication apps, on customer interactions.
The value of industry conferences for learning best practices and networking.

Podcast Description...

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