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Honestly, sometimes losing clients is unavoidable. Competitors with lower rates or promises of “fresh approaches” are going to happen, no matter how good you are. What I’ve done is double down on my strongest relationships, offering exclusive perks or insights they can’t easily find elsewhere.
This has happened to me too, and it’s such a confidence hit. I’ve found that proactive communication and personalization are key—tailoring your approach to each client’s specific goals and making them feel truly valued. Also, don’t underestimate the power of regular check-ins, even if just to ask how things are going. It’s often the little things that make clients feel loyal, even in the face of competitors with lower rates.
What level are you? Are you really AM level or are you using that as a generic department designation? If you are AM level….typically losing a client is not your fault lol. It is an issue with the people above you and the relationship they have with the more senior people in the company.
Sometimes you can do everything right and still lose out in the end. It is always important to try and reflect on what could have gone better or what could have tipped the scales in your direction. Learn and move forward, and focus on the clients that you do have!
Hi!
One thing to consider next time you have Clients decide to leave is to do your best to get more info from them.
Is it really only the “lower rate” thing that made them leave? What could you potentially add on top of your current services to make them stay? What specifically do they mean by a “fresh approach”, and could you potentially provide it yourself?... more info you have, better will you be able to assess if there´s a way you could still support them.
But even if there´s no way, you’ll still gain lot of info which you can use as you move on.
With all that being said, it’s totally normal for Clients to leave.
Think about what you can learn from the situation and then move onto strategising on how you can bring new Clients in.
Moving on, you also want to consider having regular check ins with your Clients to ask for their feedback on how satisfied they are, what new challenges have they been encountering, what other support you can offer...
All the best!
Btw, if you’d like to chat further, feel free to message me/connect on LI. I mostly work with sales professionals supporting them to up level their results.