Management Control System

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This is a retention strategy and customer acquisition ppt design. This is a five stage process. The stages in this process are roughly 80 per cent of a brand?s future profits will come from 20 per cent of existing customers, increasing customer retention rates by 5 per cent increases profits by 25 to 95 per cent, the probability of converting an existing customer is 60 to 70 per cent, the probability of converting a new customer is 5 to 20 per cent, 68 per cent of customers leave brands that they feel are indifferent to them.

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This is a benefits and importance of target market segmentation ppt sample file. This is a six stage process. The stages in this process are avoid the markets which are unprofitable and irrelevant promising segments only, advertising media can be more effectively used, market segmentation offers special benefits to small firms, market segmentation facilitates the matching of products with consumer needs, market segmentation facilitates the selection of the most suitable market, utilize the available marketing resources effectively target group is identified at the initial stage only.

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