FORTIMIZE BLOG

Are Money-Losing Product Or Service Lines Costing Your Business?

August 7, 2016

Share

I learned a unique term today that you’ll soon know too.

Plonkers.

Plonkers are slow sellers with low gross margins. Too often, businesses keep these around as a part of a strategy, but at great cost.

I loved how an innovator at Aussie pharmacy chain Rx Management found a way to get rid of plonkers for good using a matrix he created. I read about how he did it here in this article.

What about you? Are plonkers costing your business money? If so, do you have a solution?

More from Blog Post

Bank Portfolio Diversity Matters-How to Attract New Customers and Secure More Deposits

Fortimize Expands Banking Practice with Jennifer Frost, Banking Leader

How Banks & Credit Unions can Improve Employee Engagement with Salesforce Financial Services Cloud

Unlock endless possibilities

Thought Leadership Paper

Digital Transformation in the Financial Services Industry During COVID by Jim Collins

Thought Leadership Paper

Digital Transformation in the Financial Services Industry During COVID by Jim Collins