Question:

Would it benefit a business if they tracked items that are ordered together by and individual customer?

by  |  earlier

0 LIKES UnLike

Would it benefit a business if they tracked items that are ordered together by and individual customer?

How could a business generate and use this information?

This would be a small business...nothing online.

 Tags:

   Report

2 ANSWERS


  1. Yes, it has great possibilities.

    For example, selective marketing of new products.

    "rifle" promotions instead of "shotgun" promotions.

    Use your computer to keep track.  Start off with a something simple like notepad with one page per customer and one line for each item ordered.

    For each item you want the name/description the quantity sold and the price per unit.  Periodically you should calculate the total sales for each customer.  You may find that 70% of your business comes from 10% of your customers.  That will tell you where to focus your marketing efforts to get the best return on your investment.  

    Hope this helps

    Jerry-the-bookkeeper


  2. I could be wrong but I think Amazon does that.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.