The least profitable 10% to 20% of customers can reduce profits by 50% to 200% per account.

Name: The least profitable 10% to 20% of customers can reduce profits by 50% to 200% per account.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

The statement is true. Research has shown that the least profitable customers can have a significant impact on a business's profit margin, sometimes reducing profits by 50% to 200% per account. It is important for businesses to identify and address these customers in order to optimize profitability.

The Least Profitable 10% to 20% of Customers Can Reduce