post-serviceprofit
nounUK /ˌpəʊst ˈsɜːvɪs ˈprɒfɪt/
US /ˌpoʊst ˈsɜːrvɪs ˈprɑːfɪt/
Money a company makes after it has finished helping a customer.
The car dealer earned a healthy post-serviceprofit from maintenance plans sold after each sale.
OTHER MEANINGS
2. The extra money a business keeps from add-on services offered after the main product is delivered.
Warranty extensions became a reliable post-serviceprofit for the electronics retailer.
3. Profit recorded in the period after a service agreement ends but before the customer leaves.
Analysts tracked post-serviceprofit to see how many clients renewed their support plans.
4. A financial gain from servicing equipment once the original sale is complete.
The airline's post-serviceprofit grew as more planes returned for scheduled overhauls.