You need to clarify what you are asking. Existing means they have been customers for awhile. New means they are well... new not existing.
"New Sale" is a sale to a customer who is introduced newly to the company or person who sells the product. Sales to existing customers are "repeat sales".
When a firm attempts to increase sales by selling its existing products in new markets, this strategy is known as market development. It involves identifying and targeting new customer segments or geographical areas to expand the reach of the current product offerings. This approach can help leverage existing brand equity and customer loyalty while opening up new revenue streams.
so customers stay with existing company
The creation of something new or the modification of an existing idea to meet a newly defined customer want or market niche is often referred to as innovation. This process involves identifying gaps in the market or evolving consumer preferences and developing solutions that address those needs. Innovation can take many forms, including new products, services, or improved processes, all aimed at enhancing customer satisfaction and capturing market share. Ultimately, it drives growth and competitiveness in various industries.
customer defection is the rate at which customers defect or stop the usage of products of a company. business with high defection rate, would be losing their existing customers. in order to overcome this they use another term of customer retention, in simple words its to retain or prevent the existing customers to defect the product.Amandeep Sandhucustomer defection: It doesnt mean the total loss of a customer but rather the loss of any portion of that customer's business
mamammamammaamaa
to maintain existing customers and recruit new customers
Hi, The objectives of Advertising Agencies is to educate the customer about the new or existing product. Launch the new product and help the company to reach more customer.
Humanitarian assistance
product development
My boss motivate me & team by giving new idea.
"New Sale" is a sale to a customer who is introduced newly to the company or person who sells the product. Sales to existing customers are "repeat sales".
use save as to save file under a different name
When a firm attempts to increase sales by selling its existing products in new markets, this strategy is known as market development. It involves identifying and targeting new customer segments or geographical areas to expand the reach of the current product offerings. This approach can help leverage existing brand equity and customer loyalty while opening up new revenue streams.
In most businesses, it is very expensive to gain a new customer; however, it is relatively inexpensive to retain an existing customer via direct solicitation and email is a very in expensive way of communicating.
Learning new things, making a positive impact, and achieving personal growth and development motivate me.
For a financial service company the duties of a Relationship Manager is ... 1> Cross selling to existing customers and Acquisition of new customer 2> To provide solution to the customer's financial needs. 3> Ensuring Customer Satisfaction 4> Preparation & maintain the sales call report. 5> Exploring new sales areas & way to achieve target.