This was our forecast.
This is the forecast required to grow the business by 5% per year, for each of the next five years.
Holy Cow!
Compared to today, we need +13% / +25% / +34% / +42% / +50% increases in new customers over the next five years, if we want the business to grow by 5% per year.
So this business is just moving customers around low-value segments ... the business needs to dramatically ramp-up customer acquisition just to achieve tepid growth.
Do you know how many new customers you need to simply achieve tepid growth?
No?
Give me a holler (kevinh@minethatdata.com), and we'll figure it out together.
"Forecasting outcomes are the sum of all analytics and marketing knowledge possessed by your company."
"Forecasting outcomes are the sum of all analytics and marketing knowledge possessed by your company."
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