Payments Power Profit Increase Story

Here is a Payments Power Story in a full motion graph. The horizontal axis measures monthly sales. The vertical axis measures the profit increase from when Payments Power techniques were introduced, for each payment type. The payment types are listed on the lower right. The size of the bubble is the portion of money deposited from each payment type. Notice that total sales is shown as a payment type too.

In this story, we helped the business owner negotiate a different processing agreement. After two months they finally added a PIN pad we recommended. We coached the check-out team member to encourage customers to use the PIN pad.

The payoff – a sustained profit increase of more than $1.40 for every $100 in sales.

Check it out! To see the show best, notice the checked boxes for Amex, PIN Debit, and Total Sales on the right sidebar. See what happens when you roll your cursor over any bubble. Then click the triangle in the box on the lower left to start the playback.

What do you think the third Payments Power action recomendation was?

BTW you can speed up or slow down the playback with the small triangle just to the right of the playback triangle.

Credit for creating this kind of motion chart goes to Hans Rosling, gapminder.org, googlevis, and R. The data and implementation is copyright © 2013 Thomas N. Gerry.

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