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+--- Thread: Never lower your Commission rate (/showthread.php?tid=1779)
Never lower your Commission rate - vk_lord - 10-06-2016
Some business vendors do this I see a lot of times. But they end up hurting themselves.
When they are trying to gain new customers they increase the commission rate of the new customers (say from 10% to 12%). But as they have to make money they decreases the commission rate for the old or existing customers (say from 10% to 8%). My suggestion here will be never decrease your commission rate. If you need money so much then make a way by optimizing the new customer's increased commission rate. Don't you guys agree?
Re: Never lower your Commission rate - avinash - 10-06-2016
You are absolutely right. I couldn't agree more. I did this mistake in the past and lost about 30% of my old customers.
Re: Never lower your Commission rate - ksmith29 - 10-08-2016
You are absolutely right. Why loose old customers!!!! 8-) while you can earn from both old and new ones.
Re: Never lower your Commission rate - steveposter - 10-18-2016
Maintaining and improving your commission rate requires strategic method in which benefits your clients.