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NAICS Code Directory for Sales and Marketing Teams

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The more digits in a NAICS Code, the more specific the segment it represents. . Agriculture Mining Utilities Construction Manufacturing Wholesale Trade. 23 Construction. 2371 Utility System Construction. 237110 Water & Sewer Line & Related Structures Construction. 5174 Satellite Telecommunications.

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NAICS Code Directory for Sales and Marketing Teams

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The more digits in a NAICS Code, the more specific the segment it represents. The North American Industry Classification System (NAICS) represents the standard for categorizing business operations by grouping them according to the processes used to produce goods or services.

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Value-Added Services Can Provide a Pricing Advantage

Distribution Pricing Journal

Distribution pricing managers are typically focused mainly on product and customer segmentation to drive more favorable pricing and profit. Electronics Bundles : Office equipment distributors often bundle products together such as a laptop, cabling, printers, and even software.

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How to Drive Business Growth Using Net Promoter Score

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Successful B2B businesses all have something in common– a segment of loyal customers who regularly purchase and recommend their products and services. Consider these statistics: A 5% increase in customer retention can increase profits between 25% and 95% ( source ). Current customers spend 67% more on average than new customers ( source ).

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How to Drive Business Growth Using Net Promoter Score

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Successful B2B businesses all have something in common– a segment of loyal customers who regularly purchase and recommend their products and services. Construction & Engineering: 45. IT & Software: 41. Telecommunications: 24. Current customers spend 67% more on average than new customers ( source ). Insurance: 42.

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