Platinum client: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
 
Line 1: Line 1:
{{g}}:<q>[[But this is a really important client]].</q>
{{a|myth|{{image|platinum client|jpg|}}}}:<q>[[But this is a really important client]].</q>
::—Every [[salesperson]], ever.
::—Every [[salesperson]], ever.
In theory, only the most important, strategic [[client]]s of the firm are [[platinum client]]s: That five percent that accounts for ninety percent of the firm’s revenue.  
In theory, only the most important, strategic [[client]]s of the firm are [[platinum client]]s: That five percent that accounts for ninety percent of the firm’s revenue.  
Line 7: Line 7:
Particularly when it has just said “[[all our other counterparties have agreed this]]”.
Particularly when it has just said “[[all our other counterparties have agreed this]]”.
{{sa}}
{{sa}}
*[[Qualities of a good ISDA]]
*[[But this is a really important client]]
*[[But this is a really important client]]
*[[All our other counterparties have agreed this]]
*[[All our other counterparties have agreed this]]
*[[The CEO wants this to happen]]
*[[The CEO wants this to happen]]
*[[Walk-away point]]
*[[Walk-away point]]

Latest revision as of 10:37, 20 February 2024

Myths and legends of the market
The JC’s guide to the foundational mythology of the markets.™
Platinum client.jpg
Index: Click to expand:

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

But this is a really important client.
—Every salesperson, ever.

In theory, only the most important, strategic clients of the firm are platinum clients: That five percent that accounts for ninety percent of the firm’s revenue.

But, on the lips of any salesperson, however, “Platinum client” really just means my client: the particular client — or client prospect — in contemplation at that very instant, however tawdry, pissant or strategically irrelevant it may be.

Particularly when it has just said “all our other counterparties have agreed this”.

See also