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Net New Business

Net New Business refers to a prospect or an account who’s been recently turned into a paying customer. Net New Business can be also used in terms of an already existing customer or an account who’s been inactive or dark for a long time but has recently started to operate again, turning into a revenue-generating customer.

Glossary terms starting with the same letter

n
  • Net Promoter Score (NPS)

    Net Promoter Score (NPS) measures customer experience and shows how likely a customer would be to recommend your brand to friends, relatives or ...

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  • Needs Assessment

    Needs Assessment is the set of actions or a process of analyzing a specific entity, whether it is an organization, a consumer or a part of a pro...

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  • Net X

    Net X refers to the sales term which indicates how long will it take for the payment to be delivered. The X is then swapped with a proper number...

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