Simply look
at your customer base and your existing products, and ask «Who have I not maximized in terms of what I've sold to them?»
Cons Well, there's no shortage of competition ready to nibble
at your customer base.
This is no longer a game where we can look
at our customer base as a homogeneous mass.
We haven't detailed out any of them but if you look
at our customer base it tends to be a blend of traditional phone manufacturers going after that market as well as traditional PC manufacturers going after that market and we have a good mix of both,» he said on Thursday.
By promising to lower costs, improve service and broadening access, the technology - led companies are counting on seducing growing numbers of consumers and chipping away
at the customer base incumbents worked hard to maintain.
An airline will typically look
at their customer base and the preferences and trends that their passengers are displaying before making a decision to accept a currency,» they said.
Not exact matches
Using this methodology, you iterate
based on
customer feedback
at each step of the way, so that you know you're building a product, or delivering a service, that
customers want and will pay for.
-- Ash Eldifrawi, chief marketing and
customer experience officer
at Redbox, a kiosk and online -
based movie and games rental hub
«If you have a holistic view about your
customer at the micro level and are able to tailor your interactions
based on their preferences, then you stay
at the top of their mind,» Gerald says.
At the same time, a wide range of cultural backgrounds allows us to effectively market to a diverse
customer base.
Want to become a rockstar
at building a
base of loyal
customers?
Its
customer base is
at 265,000 and climbing.
I love to design and implement cloud
based systems that remove the data entry element, so the my
customers can have accurate financial information
at all times.
It's no longer about pushing out a product or a service
based on operational needs, but rather engaging with the
customer on every channel
at as many points along the path as possible.»
«Local food producers drop off food
at our hub
based on orders,» says the Good Eggs rep. «It is packed up and then delivered to
customers.
In other words, it shows how good the company is
at wringing more money out of its existing, highly caffeinated
customer base.
The fun name «does a lot of work for us» in sparking interest in Tangerine, Aceto says, but service
at the
customer level needs to be thoughtful and earnest in order to build a client
base.
That is
based not on U.S. companies like Lavabit shutting down, but rather on
customer loss, mostly
at foreign companies who don't want their data subject to American search.
The Somerville, Massachusetts -
based company is ranked
at the No. 2 slot and attracts 200,000 paying
customers every month.
Corporate venture - capital efforts also have the advantage of involvement with startups
at the early stages, when they can most benefit from access to a large, established
customer base, credibility through brand association and a larger network of partner companies and advisors.
Newman's Magic Hat, on the other hand, continues to build its
customer base one New England community
at a time.
Finally, and this is perhaps the most noteworthy point, I'm certain they would all agree that business and entrepreneurial success is
based primarily on developing products and services that are far better
at meeting critical
customer needs than the competition.
«We're looking
at this dormant
customer base to see if there are openings» to sell newer iterations of the combined company's simulation software.
Retailers should look
at historical data to anticipate what
customers might be seeking
based on last year's purchases and what they're likely to purchase again.
Mail Lift, for instance, can hook into apps used
at work and automatically send a handwritten note to
customers,
based on certain events (such as when an agent receives a five - star rating for stellar support).
Moro explained that traditional banks and brokerage firms have been reluctant to act as custodians because of know - your -
customer laws, and because any such firms that carry bitcoin must back it with dollar -
based reserves
at a one - to - one level — a formula that ties up capital, and is an unattractive proposition for the likes of Goldman Sachs or JPMorgan.
Both companies are betting that the same
customer base who would have laughed
at the idea of paying $ 6 for a cup of coffee 20 years ago but now does so daily can be persuaded to do the same for a carefully steeped cup of Jasmine Oolong.
His responsibilities included planning, executing and supervising an effective marketing and sales program along with creating educational concepts designed to expand the European and Asian
customer base along with integrating the new Euro currency effectively into the clearing and settlement system
at the global exchanges.
Prospecting within the
customer base offers
at least five advantages:
The cloud -
based business software company said a certain type of malicious software that typically targets large financial companies could be taking aim
at its
customers.
But the launch didn't get quite the fanfare the brand had hoped for as many
customers turned to social media to express disdain for the collection, claiming it was far too similar to some of the products sold
at Outdoor Voices, an outdoor clothing company
based in Austin.
Respondents have been in a leadership role
at their respective small businesses for
at least five years and they are
customers of Waltham, Mass. -
based Constant Contact.
«I wanted to find a way to create the buzz and excitement of Black Friday shopping frenzy, while also not offending
customers who will see a big discounted price list that they missed out on after the sale is over,» says Pritchett, vice president of marketing
at Logos, a Bellingham, Wash. -
based online bible - study resource retailer.
But improving paper's image may —
at best — slow the decline in demand, not reverse it, leaving the industry grappling for ways to compensate for a dwindling
customer base.
Based on online chatter, a lot of
customers still have a hankering for these bite - size snacks and they might still be available seasonally
at a few locations.
At this level, it can be easy to make good decisions
based on each
customer's situation.
As Red Robin shares shed nearly 29 percent of their value, Cramer balked
at the Street's response, saying that the rise of take - out and delivery is an «unstoppable trend» that will quash chains like Red Robin if they don't find ways to appeal to new
customer bases.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our
customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended
at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and
customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely
basis or
at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Thanks to the treaty, she says her four - year - old El Monte, California -
based company is able to sell products
at a cheaper price than it would cost
customers to rent tuxedos and formal dresses for little tykes.
Her bi-cultural background has contributed to her success, as she is skilled
at working with people
at all levels within the organization and with Home Depot's diverse
customer base.
«We sent this email to our
customer base and said, like, «hey, we're shutting down Los Angeles, and
at the same time, we're also adding a delivery fee,»» Bladow says.
Amazon provides recommendations of other items that might be of interest
based on a
customer's purchase or viewing behavior and suggests additional items for a shopping cart
at the time of purchase.
The deal, valued
at $ 79 billion, vastly increased Charter's
customer base by expanding its U.S. footprint by 84,000 square miles.
At Robinson Brick, a part of every employee's performance bonus is
based on the bottom line and on
customer - survey responses.
Retailers, for example, «can no longer just open new stores to drive growth,» says Tom Johnson, managing director of the Consumer Segment
Customer Relationship Management Practice
at BearingPoint Inc., the McLean, Va. -
based consulting firm.
An Oklahoma City -
based chain of tanning salons, for instance, installed fingertip readers
at all its locations to authenticate paying
customers, thus preventing people from simply loaning their membership cards to friends.
While this is the company's first attempt
at a consumer product, Vuzix has a strong enterprise
customer base.
At minimum, here are the five steps (using an appointment generation to service -
based business model) that need to happen before someone becomes a good, loyal
customer:
«The U.S. economy is growing
at 2 percent these days, if we're lucky, but if you're Facebook or Google or Apple or Amazon, you have a much broader, more diverse pool of people that form your
customer base,» he says.
McDonnell says Wurldtech has expanded its
customer base in the predictable way — referrals, word of mouth, distribution / reseller partners and search - engine optimization, as well as through appearances
at technical conferences.