Key Highlights: • Innovatively developed customers» strategies to retain allocated customers and to
increase share of wallet of existing customers.
«So I suppose it's another way for them to
increase their share of the wallet.»
Auto - ship or subscription programs improve customer retention and
increase share of wallet by encouraging customers to sign up for membership programs and regularly scheduled product deliveries.
These findings will help brands understand how to
increase share of wallet, while also discerning those who may churn as well as those who could potentially become an advocate.
There's a lot to think about when developing an annual sales plan to support your organization's strategy and objectives: new customer acquisition, customer retention,
increasing share of wallet, resource budgeting... just to name a few.
Not exact matches
«We will diversify our packaging capabilities and product offerings, which will enable us to
increase our
share -
of -
wallet with our existing customers,» he said during a conference call.
Home prices have
increased 250 % since 1980 and Millennials under 25 are spending 7.7 % more
of their
wallet on housing than the Boomer generation did at that age.3 As a result, the number
of non-married people under 35
sharing a home or apartment has grown.
Further, the top 5 CFPs in North America
increased wallet share during the period 2011 - 14 while in Europe the top 5 lost 30 %
of their market
share, indicating that the markets in North America and Europe are shaping up very differently.»
According to a statement by Media Relations Officer
of the institution, Abiodun Comer, the impressive performance, which reflects the strong momentum
of UBA's business and its
increasing share of customers»
wallet, was driven by the 44.3 per cent and 16.0 per cent growth in interest income and non-funded income respectively.
Not to mention a direct appeal to the
wallets of middle earners through
increased tax allowances and offers
of discounted
shares.
«Amazon's services are the core
of its devices, and the devices enhance Amazon's service: a virtuous cycle where Amazon gains an
increasing share of consumers»
wallets,» said Forrester Research analyst Rotman Epps, adding that subscription services are key to the company's future success.
Companies will often proactively
increase credit card limits to gain a greater «
share of wallet» for their most profitable accounts.
We've seen real success in our ability to drive
increased spend and
share of wallet through better communication and through targeted offers, like the Buy 2 Get 1 coupon that's exclusive to Pro members, exclusives like the Modern Warfare 3 prestige token and value promotions like 50 % off selected Sony titles.
This is a lost opportunity; client feedback could be the impetus for sweeping client service improvements and an
increase in
share of wallet.
We've also seen a meaningful
share of wallet increase, and a really good operating profit,» she notes.
«If you look across all three tenants... we're seeing a 50 - plus percent new - to - file, a 60 percent
share -
of -
wallet increase, and 25 to 45 percent operating margin on the business.»
Bringing a higher level
of consultative selling experience to train a group
of Services Sales Leaders to
increase the value and margins
of existing and new services to clients for more
share of wallet.
Developed and implemented data mining strategies that resulted in
increased profitability by member and
share of wallet.