1Increase the numbers of Customer (Drivers) i.e: A 10% increase in clients can significantly impact revenue.
2Increase the average transaction value: i.e: Improving the average transaction value by 10% can boost profitability.
3Increase the frequency of repurchase: i.e: Encouraging customers to buy more frequently can lead to higher revenue(Constant Communication).
Scenario | Number of Customers | Average Sale | Repurchase Frequency | Total Revenue | |||
---|---|---|---|---|---|---|---|
Current | 1,000 | X | $100 | X | 2 | = | $200,000 |
Scenario | Number of Customers | Average Sale | Repurchase Frequency | Total Revenue | |||
---|---|---|---|---|---|---|---|
Current | 10,000 | X | $200 | X | 3 | = | $6,000,000 |
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