Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Your company decided to reduce prices. This is an opportunity to increas your sales results. Where will you start?

<h4>A. Existing Customers</h4> <h4>B. Prospects</h4> <h4>C. Ex-customers</h4>

user-image
Question added by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed
Date Posted: 2015/01/07
Ghanendra Mishra
by Ghanendra Mishra , Social Worker , International Organization for Migration

I would start with the existing costumer and then the prospects and...

Raed Alghazo
by Raed Alghazo , Sales Manager , ARKAN INSURANCE BROKERS

B. Prospects

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

My order would be:

 

A. Existing Customers

B. Prospects

C. Ex-customers

 

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

A. Existing Customers

(To Retain existing customers because the present price might have influenced them a lot, it would be better to start with them to retain their loyalty with you and also for the product--for the other you have an upper edge at the first instance of price reduction. The 'Bird' in Hand always better)

Muhammad Usman Tariq
by Muhammad Usman Tariq , Visiting Faculty , National University of Science and Technology

all must be contacted in order to get the sales. The ex-customers will love the discount and existing can get the promotion offer too. 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

C. Ex-customers who left us on account of price.

Najla Chaabnia
by Najla Chaabnia , Area Manager , Sugar Beauty Lounge LLC

BETTER TO START WITH EXISTING CUSTOMER 

Irina Chepel
by Irina Chepel , Personal trainer , Freelancer

You must try options. I'd gone for three

Deleted user
by Deleted user

option B

RAJ DAHIYA
by RAJ DAHIYA , Project Manager - Energy Optimization , Siemens

Well, It has two angles !!

From Mind: I would start with Ex-Customers followed by Prospects and then existing customer

From Heart: I would prefer to start with my Existing Customer since they are the one who believed in me. Then Ex Customers, in order to get back the lost business and then Prospects.

 

Sidvin Shetty
by Sidvin Shetty , Trade Marketing Executive , Al Khayyat Investments

A. Existing Customers

C. Ex-customers

B. Prospects

More Questions Like This