Billing Series

Billing Series

A way in which a company attempts to collect on a credit sale. A billing series takes the form of a series of progressively more stern letters. For example, the first letter may invite the customer to pay while thanking her for the purchase. The final letter often threatens legal action or to report the buyer to a credit agency. Employing a billing series is common for periodicals and similar companies.
References in periodicals archive ?
billing series shall indemnify and save harmless the Town of Hooksett against any loss or
Their experience may tell them differently, but I'd be dubious about mailing a subscriber who has ignored a half dozen previous notices the opportunity to set up another billing series.
NASDAQ:FISV), today announced that Electric Insurance Company, Beverly, Massachusetts, is now in production with the FREEDOM Billing Series.
And you will have the bureaucratic effort of continuing or restarting their subscription and a new billing series to get paid.
How can you possibly make a dime starting a billing series for a $5.
So you often do wind up starting a new billing series.
I'm not sure I'd be willing to begin another billing series for a $19.
If a sizable portion of your renewals are on a "bill me" basis, view your billing series as a marketing campaign, according to success strategy number eleven.
Here are some decisions you have to make that can affect the ability to design a strong billing series.
If a sizable portion of your renewals are on a "bill-me" basis, view your billing series as a marketing campaign.
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