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Arguably, the most important aspect of any business is its
ability to generate revenue. Sales volume is considered a
critical indicator of a company's health. Consequently,
companies execute various programs (promotions, pricing,
advertising, etc.) to increase their sales revenues. Clearly,
every business wants to increase its revenues, but at what
price? Oftentimes the price paid is profitability. To further
complicate this dilemma are the competing objectives firms set
for their marketing and sales organizations; marketing owns
profit and loss, while sales is rewarded for volume. The
challenge then becomes how to redirect a firm's focus from
purely one of sales volume to that of "profitable volume?"
Plan b helps companies achieve the goal of profitable
volume by analyzing revenue-generating Key Performance
Indicators and aligning them with enhanced business processes
designed to provide measurable improvements in profitability.
By streamlining processes through the intelligent application
of technology, a company can realize the goal of profitable
volume. The results include increased customer satisfaction,
increased revenues, lower customer retention costs, and
greater profit
margins. |