How to get new customers - Next Level Education
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How to get new customers

How to get new customers

The results of the IAP research are interesting and insightful.

Of the 310 respondents , 164 or 53% are doing IAPs. 

177 or 69% of respondents have either benefitted or perceive that such activities will help in expanding their business.

To conclude one an say that 100% of those who have done IAPs have experienced business growth. 

This means IAPs have become a significant strategy for business expansion.

Conducting Investor Awareness programmes have the following benefits:

1. It enhances the knowledge of the IFA

2. It enhances the communication skills of the IFA

3. It enhances the presentation skills of the IFA

4. It enhances the personal brand value of the IFA

5. It creates opportunities to build new relationships

6. It helps in acquiring new customers

(however please note that IAP isn’t a platform to close business. Treat it as a platform to acquire database and build relationship. Engage with the new audience by way of providing further education and have the patience for the customer to approach you)

Some of the comments that were recorded during the survey are attached below. You may like to read and understand what other IFAs have to say about doing Investor Awareness Programmes

Some of the reasons IFAs don’t do Investor Awareness Programmes are:-

1. Stage fear and lack of confidence – This has to be addressed by undergoing coaching and         showing initiative and determination

2. Lack of conviction and laziness – The results of this survey should change that

If you are serious about the profession and wish to be in this profession for the next decade or two, then conducting Investor Awareness Programmes has to become an integrated part of your business development strategy.

Conducting Investor Awareness Programme is a “must” and “necessary” condition for business success.

Those of you who have still not participated in the survey may still do so

Do you conduct Investor Awareness Programmes

View Results

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If yes, are you happy with the outcome (does it help you to grow your business)

View Results

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24 Comments
  • Prakash sambare
    Posted at 09:11h, 17 October Reply

    I am arange IAP every quarter,from last 3year and grow my business very well… 80%of my clients are 1st time investors in mutual funds

  • Prem Tewary
    Posted at 09:11h, 17 October Reply

    After Client Referral, IAP is the 2nd best client acquisition tool for the IFAs, other than client acquisition IFAs get first hand experience of public speaking . Therefore resulting in sharping of their communication skills and Personality development is an added advantage.

  • Birju P Thakkar
    Posted at 09:11h, 17 October Reply

    I had an issue in iaps, the turnout ratio is very less. For eg. When i invite 150+ ckients, hardly 25-30 really attends, Can u help me to resolve this issue

  • Vijay Bhagwat
    Posted at 09:12h, 17 October Reply

    I did IAP with the help of local newspaper and got tremendous response

  • Sushil kumar
    Posted at 09:26h, 17 October Reply

    I have just started around 3 months back and I run IAP since I started using social media. Many people and their friends have joined my network and they like my messages, conversion is on slower side but sooner or later they will get convert.

  • Nivas N
    Posted at 09:30h, 17 October Reply

    Im good at presentation. But I’m not confident as how to go about IAP.

  • BHAVESH GANDHI
    Posted at 09:38h, 17 October Reply

    I arrange IAP normally after 3 to 4 month it’s make updated to my investor. It’s help me liat. 2 year before I bit think about it but once I start i realised uts useful.

  • PRASAD D N
    Posted at 09:46h, 17 October Reply

    Looking for an important for better output

  • Alpa Shah
    Posted at 10:33h, 17 October Reply

    We are conducting IAPs on regular basis
    Recently we collected 35 SIPs post IAP session….most of them are first time Investors in MF

  • VISHWAS MOGHE
    Posted at 13:41h, 17 October Reply

    Next level educational and awareness program very effective.

  • ANKUR DASGUPTA
    Posted at 14:32h, 17 October Reply

    I request you to educate me about IAP, how to start and where to end,

  • Anita Puthane
    Posted at 15:16h, 17 October Reply

    I have conducted financial planning awareness programme for working women & senior citizens. Business generated to some extent, but overall experience n response was good..

  • Tejpal Singh Chhina
    Posted at 05:47h, 18 October Reply

    We try to do 1-2 IAP A month. Helps in new business & good brand building.

  • Samyak
    Posted at 07:22h, 18 October Reply

    Planning to conduct an IAP next month

  • M Ramakrishnan
    Posted at 07:27h, 18 October Reply

    Invester awarnes programme do help in improvement of business

  • subodh kumar pathak
    Posted at 07:29h, 18 October Reply

    I think IAP is a useful, but due to some reason I didn’t.In future I will do it and give my experience

  • Harshil J Udani
    Posted at 07:33h, 18 October Reply

    Sir your thought are very very Motivatational

  • Anup Mukherjee
    Posted at 07:34h, 18 October Reply

    I have not done any individually conducted IAP program, but for my insurance business done some canopy activity, which has helped me in generating business in Insurance as well as in MF. Through a National Distributor called some existing clients on IAP which helped them to strengthen their trust in MF. Would love to know how & what kind of support I can get if wants to conduct IAP in corporate or in societies.

  • Paresh Dhembare
    Posted at 08:02h, 18 October Reply

    I have done 3 IAP’s. The outcome was good. It helps in building business.

  • Jaywant Gopal Mithbaokar
    Posted at 08:59h, 18 October Reply

    Nothing

  • Dutt Sharma
    Posted at 10:42h, 18 October Reply

    I have been into MFD Since 11 years. Each year my business has grown Only thru Word of Mouth. I don’t even request my existing clients for referrals. They have appreciated my clean style of functioning and brought in their friends. I have just been a friend in need to each one of them. My trail income keeps growing as my retention is 99% .. I have believed in quality not size of AUM.

  • Dinesh Raghunath Kothawade
    Posted at 11:18h, 18 October Reply

    IAP Helps To Generate New Clients, As Well As Increase The Confidence Of Existing Clients. Good Way To Expand Our Business.

  • Bhupendra Kumar Srivastava
    Posted at 11:40h, 18 October Reply

    I have not done any IAP till today but planning for the same. How to get some slides related to this, pl. guide

  • Rohit Lakhani
    Posted at 19:34h, 18 October Reply

    IAP is very useful tool to acquire new contacts which can be later converted into investor. But the expense done by AMC is very higher in compare to results we get. So IAP cost must be decreased.

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