Your client doubts your ROI calculations. How will you defend your analysis?
When a client questions your return on investment (ROI) figures, it's crucial to present a clear, well-supported defense. Here's how to build confidence in your analysis:
How do you handle clients doubting your work? Share your strategies.
Your client doubts your ROI calculations. How will you defend your analysis?
When a client questions your return on investment (ROI) figures, it's crucial to present a clear, well-supported defense. Here's how to build confidence in your analysis:
How do you handle clients doubting your work? Share your strategies.
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In my experience, the doubt comes in when we make things complex. To mitigate this, I follow an iterative process, starting with small and simple things and slowly building on that to cover more complex things. This process goes hand in hand with making data and analytics simple and easy to interpret and correlate what you are showing with the raw data used to create the visuals.
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I’d break it down in simple terms, show the data sources, and walk them through the logic step by step. If needed, I’d tweak the model to include their feedback—it’s about collaboration, not confrontation. Letting them see the math builds trust and confidence! 📊🤝✅
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Defending Your ROI Figures: A 3-Step Approach When a client questions your ROI - 1. Clearly Understand the Client's Vision Understand the client's goals, objectives, and key performance indicators (KPIs). This understanding will help you tailor your ROI analysis to their specific needs. 2. Provide Real-World Milestones Use concrete, measurable milestones to demonstrate the impact of your ROI analysis. For example: - 20% increase in sales within 6 months - 30% reduction in costs within 12 months 3. Elaborate with Examples Provide detailed examples of how your ROI analysis drove business decisions and resulted in positive outcomes. Use data, charts, and graphs to illustrate your points and demonstrate the value of your analysis.
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I prefer to calculate ROI together with customer. Good trust building at the beginning is needed, so customer can by honest with me. Only Customer really knows, what are his costs and hidden costs. ROICalculation „without customer“ always stay very theoretical and unreal…
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To address the client's doubts about ROI calculations, I would: Provide Transparency: Share the detailed methodology, data sources, and assumptions used in the analysis. Validate Accuracy: Cross-check calculations and offer a step-by-step walkthrough to ensure clarity. Align with Objectives: Highlight how the calculations align with their specific goals and benchmarks. Offer Comparisons: Present case studies or industry benchmarks for context and credibility. Encourage Dialogue: Invite feedback or questions to address specific concerns and refine the analysis if needed. This approach ensures trust and demonstrates commitment to accuracy and client satisfaction.
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