Customer
Profitability and Targeted Growth
MCG
utilizes a proven process to help clients identify and focus on those existing
customers and new customer targets with the most strategic potential and
greatest opportunity for greatest profitability for profitable growth.
Clients
have seen as much as a 40% improvement in net profitability in the first year.
Clients
achieve results …without significant capital investment.
The
Problem:
Companies typically look at customer data on a gross profit basis. They can’t
see which customers are most profitable on a net profit basis …and
which new revenue prospects are the best to target. In fact, as revenue goes
up, not only may the rate of profitability decrease, but overall profits may
actual come down.
Since companies cannot
differentiate customers by profitability they are unable to tailor
products and services to customers according to profitability.
The
Solution:
The Mead Group Targeted Profitable Customer (TPC) Growthä
Process
MCG utilizes the Targeted Profitable Customer (TPC) Growthä
Process
- a
process to help clients identify profitability on an individual customer basis
and develop strategies for each customer.
Client
Benefits include:
-
Improve
both short term and long term profitability and company value
-
Focus
resources on the most profitable customers and new revenue targets
-
Increase
the efficiency of customer acquisition and retention investments
-
Develop
capabilities to be proactive in good as well as difficult economic times