Regardless of whether a business is looking to increase or simply protect it’s current revenue and profitability, it is essential that existing customers are not overlooked in the ongoing quest for sales, profit and growth.
With reports showing that acquiring a new customer is 5-25x more expensive than retaining an existing one and loyal customers spending 67% more than new ones, you can immediately see the value of a strategy that can boost your customer retention rate.
Whether you have a complex suite of products, or you simply want to enhance the value of your low-volume products, product bundle pricing is a smart way to increase the value of a sale, enable cost-efficiencies and boost profits.
If you believe the hype, the only way to get clever pricing calculations in Salesforce is to invest in one of those big, complicated CPQ systems.
Volume Pricing in Salesforce changes the final price of a product based on the quantity purchased. Typically used to offer a lower unit price as the order quantity increases.
We recently updated the names of some FlexPricer features – find out current and legacy names…
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