How To Increase Sales by Outsourcing here in U.S
Posted: Mon Sep 20, 2010 2:15 pm
SERVICE ECONOMIC ADVANTAGE
Additional Profit Potential
1 Estimated Annual Premium (Million) $10
2 CSR Estimated Workload Reduction 20% to 30%
3 Estimated Additional Sales 25%
4 Bookkeeper Workload Reduction 70%
5 Producer Add'l Sales Time 10%
6 Additional Premium Sales $2,500,000
7 Agency Commission Rate 12%
8 Additional Commission Income $300,000
9 Projected Sales Expenses % 30%
10 Additional Payroll Expenses $0.00
11 Profit Margin on Add'l Sales 70%
12 Additional Profit Potential $210,000
Additional Profit: What It Means
13 Current Commission Income $1,200,000.00
14 Current Profit Margin 8%
15 Current Profit $96,000
16 Profit Due to Add'l Sales $210,000
17 Profit From Service‐Supported Operation $306,000
18 Potential Profit Increase 219%
Additional Profit Potential
1 Estimated Annual Premium (Million) $10
2 CSR Estimated Workload Reduction 20% to 30%
3 Estimated Additional Sales 25%
4 Bookkeeper Workload Reduction 70%
5 Producer Add'l Sales Time 10%
6 Additional Premium Sales $2,500,000
7 Agency Commission Rate 12%
8 Additional Commission Income $300,000
9 Projected Sales Expenses % 30%
10 Additional Payroll Expenses $0.00
11 Profit Margin on Add'l Sales 70%
12 Additional Profit Potential $210,000
Additional Profit: What It Means
13 Current Commission Income $1,200,000.00
14 Current Profit Margin 8%
15 Current Profit $96,000
16 Profit Due to Add'l Sales $210,000
17 Profit From Service‐Supported Operation $306,000
18 Potential Profit Increase 219%