bottom line
(noun)
The final balance; the amount of money or profit left after everything has been tallied.
Examples of bottom line in the following topics:
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Team Selling
- The idea behind the concept is that teamwork and sharing knowledge can benefit the bottom line of a firm.
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Customer Excellence
- The "bottom line" of all marketing activities and strategies is net profit.
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The Importance of Evaluating Marketing Performance
- From the chief executive officer to the vice president of sales, the senior management team needs marketing KPIs to gauge how marketing activities and spending impact the company's bottom line.
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Measuring the Market
- Dre's headphone line, "Beats" was made the companies involved in its supply chain estimated the risk.
- The amount and detail of customer data is now mined for its value to supply chain decisions and the bottom line.
- The CVM uses data from customer interaction, on-site interviews, customer service data, sales force reports and all the other types of input and observations about product benefits and the bottom line.
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Company Capabilities
- Other capabilities shown in the bottom right are essential.
- They may not be visible to the customer, but contribute to company's business focus and have a big impact on the bottom line.
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Measuring Success
- Financial Analysis: In theory, the "bottom line" of all marketing activities should be net profit.
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Identifying Prospects
- Customer sales are the lifeblood of a business, contributing directly to the company's bottom line.
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Societal Role and Nonprofits
- However, for-profit companies measure success in terms of the bottom line; that is, profitability, their ability to pay stock dividends or to repay loans.
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Market Share/Sales
- Pricing decisions are always serious because they flow almost directly to the bottom line, so Reed Hastings (Netflix CEO) must have concluded that the short-term loss of income from cancelled subscriptions will be outweighed by the longer term gain in new subscribers who do not take the DVD-by-mail option.
- With so few on-line streaming opportunities it wouldn't be difficult to obtain a large market share.
- Similarly, within a firm's product line, market share trends for individual products are considered early indicators of future opportunities or problems.
- The decision to change pricing strategy may be part of a longer-term strategy to increase market share in on-line video streaming.
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Trends in Retailing
- Current trends include channel marketing, cross promotional campaigns involving multiple products and companies, on and off line marketing campaigns, in-store and online campaigns, sales tool usage and interactive marketing.
- The new clustering model based upon a bottom up behavioral approach enables retailers to quickly identify clusters of stores with similar demand patterns and to develop truly customer-centric marketing, merchandising, space and pricing strategies.
- In addition, on line catalogs have cut down on the need for on-site warehousing and the use of expensive retail floor space to display products.
- Typically, items ready for sale are on the bottom of the racks, while inventory remains crated and on pallets stored on the upper racks.