QYMATIX

MAY 27, 2024

B2B wholesalers in many sectors, such as electrical wholesalers, industrial supplies and component retailers, now benefit from modern predictive sales software. Companies are constantly looking for ways to increase their efficiency and profitability. This enables sales teams to make targeted recommendations and maximise customer value.

B2B 52

B2B Artificial Intelligence Manufacturing Profitability 52

Customer Think

DECEMBER 4, 2022

Value Centers are what were traditionally thought of as cost centers. Later we tried to make these profit centers. They really need to be value centers. Some companies have tried to convert these into profit centers. This then converts service users into advocates of the company, increasing its sales, and thereby profits.

Suppliers 75

Suppliers Government Profitability Procurement 75

QYMATIX

APRIL 19, 2022

Key Performance Indicators (KPIs) are also used to manage companies in the retail and wholesale sectors. KPIs also help retailers and wholesalers to analyse and monitor essential processes. For B2B retailers, it is vital to detect deviations at an early stage and to react to adverse developments in good time.

Artificial Intelligence 52

Artificial Intelligence Retail Procurement B2B 52

Apptivo

JULY 4, 2023

This data is useful for finding profitable target markets and allocating resources strategically. This data-driven approach allows the owner to optimize expansion potential and maximize profitability. Consider a retailer that specializes in outdoor equipment.

Sales 52

Sales Profitability Sales Management Sales Training 52

QYMATIX

SEPTEMBER 6, 2022

The determination of customer value should be based on both monetary and non-monetary parameters. Current revenue and profit contribution are of course key value dimensions, as is monetary customer potential, i.e., the potential future revenue from a customer, which can also be expressed as customer lifetime value.

B2B 40

B2B Supply Chain Suppliers Decision-making 40

Apptivo

MAY 26, 2022

The research conducted by Frederick Reichheld of Bain & Company, creators of Net Promoter Score, highlights the importance of retaining existing customers with this statistic – their research says increasing customer retention rates by 5% helps companies increase their profits by 25% to 95%.

Retail 52

Retail Customer Experience Media B2C 52

SmartKarrot

MAY 23, 2022

Customer success is pivotal to company success. Customer education is a profit center and needs to be taken seriously to add value to the organization. Customer education programs are courses that onboard, retain, and engage customers with the customer. It is earning value from customer value.

Profitability 10

Profitability Customer Success Onboarding Retail 10