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Revenue  Expansion 

Expand the range of products and/or services that are purchased by customers and grow the share of wallet

More revenue.

Strategically expand the range of products and/or services that each of your customers purchase from you. The capacity for the ‘share of wallet’ to grow hinges on understanding the ultimate strategic ‘success’ objectives of the customer, a cohesive product strategy, and the depth of the relationship that is strengthened over time.

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Whether it is annuity/recurring revenue that you are targeting for growth, or seeking to expand the revenue generated from periodic transactions, an in-depth initiative can be launched to firmly understand what competing factors, customer experience factors, and product strategy offerings are for growing revenue.

Blue Fabric will:

Review the current share of wallet for all customers

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Investigate all competitive factors that prevent revenue expansion

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Prepare an initial revenue expansion strategy

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Conduct regular ‘health-checks’ of the customer base to assess potential for expansion

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