Monday, 1 August 2016

Know who your best customers are

The  best customers are can help you improve customer satisfaction. Increasing sales to your existing customers is more cost-effective than winning new ones.

Work out how profitable your customers are

Customers tend to be more profitable if they:



  • don’t cancel or amend orders
  • pay full price without negotiating discounts
  • pay on time without being chased for payment
  • place a small number of large orders rather than many 
  • buy high-margin products
  • small orders
  • don’t require extensive after-sales service.


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