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Do you want to improve the profitability of your company? Then it may be time to consider firing a few customers. You can make an informed decision about this difficult situation if you first clearly identify who are you profitable and unprofitable customers.
Profitable Customers: While these customers amount to 20% of your total number of customers Bo Jackson Game Jersey , they will generally account for 80% of your profitable business.
General Characteristics:
-Buy from you repeatedly.
-Value the service you offer them.
-Accept the pricing structure you have established.
-Discuss the options with you before making a final decision.
-Trust you to perform the service you have contracted for.
-Refer you to their associates.
-Pay their bills on time.
Unprofitable Customers: This category also accounts for another 20% of your customers, but they can cause 80% of your headaches.
General Characteristics:
-The service they want is not what you normally provide.
-The price is always an issue.
-He will add extra services or products after the original contract is agreed upon.
-She will not want to pay for any extra services requested.
-The service is never acceptable.
-He is slow to no-pay.
-She spread negative stories about your company.
As a business owner or manager, you have the opportunity and responsibility to ask the right questions and provide the best level of service possible for the price paid. While we all have room to learn about improving our business and the service we provide, this article is about identifying those customers who, no matter what you do Hunter Renfrow Limited Jersey , will end up being unprofitable.
Once you have identified who the profitable clients are, you can create a profile of them. This profile will identify various characteristics such as type of business, size, location, number of employees Foster Moreau Limited Jersey , etc. You may have multiple profiles for different categories of clients.
The profile of your profitable clients will help you target to whom you want to market. You can also eliminate those prospects that match the profile of your unprofitable customers. Why waste time and money marketing to those marginal, or worse yet, the unprofitable prospects? Wouldn't it make more sense to spend your marketing budget on developing specific targets that match the same profile as your most profitable clients?
This process can actually reduce your marketing expenditures and increase your profit margin at the same time. Don't wait until the end of the year to begin this process. Begin it right now and you will gain better control over your bottom line.
Epigenetics Market: Key Applications Impacting The Market Growth
by dheerajshaha67 · January 22, 2019
“Epigenetics Market聽by Product (Kit, Enzymes Isaiah Johnson Limited Jersey , Reagent, NGS, Mass Spectrometer, PCR, Bioinformatics) Maxx Crosby Limited Jersey , Application (Oncology, Cardiology, Immunology), Technology (DNA Methylation, Histone Modification) Trayvon Mullen Limited Jersey , End User (Academic, CRO) – Global Forecast to 2022″,聽published by MarketsandMarkets™, the market is projected to reach聽USD 1,605.7 million聽by 2022 from an estimated聽USD 854.0 million聽in 2017 Johnathan Abram Limited Jersey , at a CAGR of 13.5% during the forecast period.
The key factors that are driving the growth of this market include the decreasing sequencing costs and time, increase in research activities to identify and develop inhibitorsdrugs for various diseases, funding for epigenetics research, and rising prevalence of cancer.
Growing applications in Personalized Medicine and Targeted Therapy in Oncology is a growth opportunity for the Epigenetics market
According to a press release published by the Tufts Center for the Study of Drug Development in May 2015, biopharmaceutical companies have nearly doubled their R&D investments in personalized medicine over the last five years Josh Jacobs Limited Jersey , and these investments are further expected to increase by 33% over the next five years. This will further drive the use of epigenetics tools. A 2016 study performed to analyze the epigenetic modification of chronic lymphocytic leukemia (CLL) in the patient population fueled interest in prognostic biomarkers and personalized therapies. This study was performed by CeMM Research Center for Molecular Medicine of the Austrian Academy of Science (Austria) in collaboration with the University of Southampton and the Royal Bournemouth Hospital under the European BLUEPRINT project and the International Human Epigenome Consortium. The expanding application of epigenetics in personalized medicine and targeted therapies, therefore, offers significant opportunities for epigenetics technology market growth.
Browse聽and in-depth TOC on “Epigenetics Market”
191 – Tables
37 – Figures
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Among the Application Segments, Oncology Dominated the聽Global Epigenetics Market聽in 2016
Based on application, the oncology segment accounted for the largest share of the Epigenetics Market in 2016. The large share of this segment can be attributed to the rising prevalence of cancer and the increasing number of research-related activities.
DNA Methylation Segment Dominated thEpigenetics Market Clelin Ferrell Limited Jersey , by Technology in 2016
On the basis of technology, the Epigenetics Market is segmented into DNA methylation, histone modifications, and other technologies (includes non-coding RNA and chromatin remodeling). The DNA methylation segment accounted for the largest share of the Global Epigenetics Market in 2016. The large share of this segment is attributed to the increasing incidence of cancer and the ability of this technique to study different types of cancer with quality outcome. Wholesale Jerseys China Wholesale Jerseys Free Shipping Wholesale College Jerseys Cheap NBA Basketball Jerseys Wholesale Jerseys China Cheap Soccer Jerseys Free Shipping Cheap NBA Basketball Jerseys Wholesale MLB Jerseys Wholesale Jerseys China Cheap NFL Football Jerseys |
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