An upsell is when you offer a customer an additional, upgraded product or service when you're making the sale. For example, a brand may encourage you to upgrade to a better pair of hair clips. Upsells are usually much easier than regular sales because the customer is prepared to purchase...
By providing users with an accessible and secure platform for money transfers, bill payments, savings, and more, M-Pesa has undoubtedly become a game-changer in the finance industry. Whether in urban centers or remote villages, the power of M-Pesa is evident in its ability to connect people ...
After hitting deductible, medical costs will be split between you and the insurance provider. Copayments or copay is one of the ways to do this. Copayments have a flat rate depending on the specific service or prescription. For example, the flat rate for a check-up would be different from...
What is a sales promotion quizlet? Sales promotion is a marketing tool to increase consumer demand, stimulate market demand, or improve product availability. It provides extra value or incentive to customers and can take the form of coupons, discounts, freebies, contests, sweepstakes, loyalty pr...
After hitting deductible, medical costs will be split between you and the insurance provider. Copayments or copay is one of the ways to do this. Copayments have a flat rate depending on the specific service or prescription. For example, the flat rate for a check-up would be different from...
This means that whether you’ve used up your total deductible in the past year or not, at the start of next year, the amount will restart to what is stated in the plan. To better comprehend what a deductible is and how it works, let’s take a look at an example. ...
An upsell is when you offer a customer an additional, upgraded product or service when you're making the sale. For example, a brand may encourage you to upgrade to a better pair of hair clips. Upsells are usually much easier than regular sales because the customer is prepared to purchase...
What is a sales promotion quizlet? Sales promotion is a marketing tool to increase consumer demand, stimulate market demand, or improve product availability. It provides extra value or incentive to customers and can take the form of coupons, discounts, freebies, contests, sweepstakes, loyalty pr...
Like the copayment, coinsurance is one of the ways the consumer and the insurance company split the healthcare costs. Unlike copayment, coinsurance is not a fixed amount, but rather it is a fraction of the total costs. And the percentage remains the same regardless of the service. ...
To truly understand how coinsurance is applied in health insurance plans, let’s take a look at an example. Let’s say you’ve already hit your deductible, and your coinsurance is 20%. If you availed of a healthcare service covered by your insurance and got billed $800, the amount you...