Ashvin Melwani’s Post

AOV and CAC: Increase your AOV, and your CAC might go up. Lower your AOV, and your CAC might go down. The key is to find the sweet spot where you can acquire customers profitably on the first order and at scale.

Pricing is by far the strongest tool for earnings improvement. For a $100M company, you could land a new $3M customer or you could find a 1% improvement in price. Which is easier? 

Customers are already at NO. Instead of pitching a product, have a conversation. Understand the drivers for a customer, and get a customer to agree to the possibility of a YES.

Get $5–$200 in stock99% of rewards are worth $5. 1-in-100 customers can get at least $10; 1-in-1,000 can get $200. You can get up to $1,500 per year.

👇 Check out this reaction video when we showed some new customers the Proof of Yield Report, an all-in-one solution to record, track, and prove what was delivered, with details like commodity, delivery location, account info, grade factors, and weights. #bushelpowered

Define Tolerances (Customers) In this step, you specify the tolerances for customers. These tolerances are used for dealing with differences in payment and residual items which can occur during payment settlement. Specify the tolerances under one or more tolerance groups. Allocate a tolerance group to each customer via the master record. For each tolerance group, specify the following: Tolerances up to which differences in payment are posted automatically to expense or revenue accounts when clearing open items The handling of the terms of payment for residual items, if they are to be posted during clearing 🚀 Follow me 👉 MICKAEL QUESNOT

Did you know that you can REFUSE the 3% fee on a charge? While this was initiated and is helpful to assist with bottom line results, customers should know that they can request this be removed. Often, customers do not mind the fee. However, there is a button on the machines to remove the charge. #merchantprocessing #fees #customerexperience

Install a "cancel subscription" button that runs away from the cursor ⛔ ‎ Train carrier pigeons to deliver personalized "please don't go" messages 🕊️ ‎ Have a choir sing a "we'll miss you" song at customers' homes 🎶 ‎ Once you can identify customers at risk of churning, you could try all of these! (Though sending them a discount or a special offer could be a simpler solution.) The point is: If you know which customers might churn, you can take action before it happens — and that's what matters. Predictive analytics makes that possible.  Check out how The Credit Pros‎ used Pecan to build a predictive churn model faster than ever before and retain customers:  https://lnkd.in/dXUfzMXF