Revenue And Profit Implications Of Industrial Service Strategies

Suppose division a earns 30 on its investment pretax.

Revenue and profit implications of industrial service strategies. Closely related to the problem of forecasting profits is the need to evaluate actual profit results. Article revenue and profit implications of industrial service strategies andreas eggert1 2 jens hogreve3 wolfgang ulaga4 and eva muenkhoff1 abstract in many business markets manufacturers seek. Abstract increased competition has created a marketplace that has become hypercompetitive. The need to effectively service industrial customers has become a necessary element in the market mix of producers as well as members of industrial channels of distribution.

By disentangling the revenue and profit implications of industrial service strategies findings reveal that such strategies. In contrast they reduce the level but improve the growth of manufacturers profits. Surprisingly it s not the particular markets served or the structure of an organization that distinguish the best service providers. Using longitudinal data from 513 german mechanical engineering companies and latent growth curve modeling this study offers a fine grained view of the financial performance implications of industrial service strategies.

Making your business more profitable involves looking at ways to increase sales revenue as well as decreasing your costs and benchmarking your business to see where you can save money. It s the right. By disentangling the revenue and profit implications of industrial service strategies findings reveal that such strategies increase both the level and the growth of manufacturing firms revenue. Using longitudinal data from 513 german mechanical engineering companies and latent growth curve modeling this study offers a fine grained view of the financial performance implications of industrial service strategies.

In many business markets manufacturers seek service led growth to secure their existing positions and continue to grow in increasingly competitive environments. By disentangling the revenue and profit implications of industrial service strategies findings reveal that such strategies increase both the level and the growth of manufacturing firms revenue streams.