Wednesday, January 15, 2014

Point to Ponder

If it is okay to give a discount and take a hit for a new client, why cannot the request for 'something extra' be accommodated for an existing but 'not-so-regular' client? In fact a discount makes it difficult to recover the investment or increase the margin in/through subsequent projects. On the other hand, giving something extra to an existing client strengthens the relationship and increases the chance of repeat business.

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