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Customer Base Consolidation: A Strategic Growth Lever for Mid-Sized Manufacturers

Written by Tara Kinney, Owner & Visionary | Jul 18, 2025 2:46:41 PM

Growth often starts with a bold decision, such as choosing to do less, better. For mid-sized manufacturers serving a large, diverse customer base, the path to sustainable and aggressive growth doesn’t always require more customers. Sometimes, the real opportunity lies in consolidating and doubling down on the right ones.

That’s the core of this conversation: how do you move from spreading your resources thin across more than 100 accounts to intentionally serving the ones that grow your business? This blog unpacks a real-world question posed by a manufacturing business leader—and offers practical, proven steps for customer segmentation, prioritization, and long-term relationships with high lifetime value customers.

Question Asked:

“Please provide some insights on the most effective way to strategically condense our customer base as we position for sustained, aggressive growth. As we aim for 25–30% year-over-year growth, we understand the importance of focusing our efforts on long-term partnerships that involve medium to high-volume production runs. If you have strategies for identifying and prioritizing the most profitable and scalable customer relationships, I’d greatly appreciate your advice or lessons learned.”

Strategic Consolidation for Sustainable Growth

This is a timely and critical question, especially for mid-market leaders facing the complexity of managing diverse customer portfolios while still targeting aggressive growth. Reducing your customer base might seem counterintuitive—but done right, it’s one of the most efficient ways to unlock margin, focus sales efforts, and align operational capacity.

Here’s a breakdown of the customer segmentation and consolidation strategy we use with clients at Atomic Revenue:

1. Define Ideal Customer Criteria

Start by deciding what matters most to your business:

  • Lifetime value
  • Profit margin
  • Sales cycle and cost of acquisition
  • Geographic region
  • Ease of doing business
  • Alignment with company values
  • On-time payments and favorable payment terms
  • Operational stability and growth potential

This becomes your rubric to score clients objectively.

2. Segment by Tiers (Then Rename Them)

Initially, you can group clients into tiers (e.g., Tier 1, 2, 3), but these labels evolve. Once you analyze the segments, rename them to reflect behavior, opportunity, or fit—think "Strategic Growth Partners," "Opportunistic Accounts," and "Legacy Clients.”

3. Identify Low-Tier Customers that Could be Top-Tier Customers

Once you identify your top clients, analyze the common denominators. Ask: what conditions would turn your Tier 2 or Tier 3 clients into Tier 1s? Is it quantity, engagement, product fit, volume purchasing, contract terms or something else?

4. Voice of Customer Research

Conduct direct research with your top clients—and with clients who look like your top clients but aren’t yet performing at that level. Learn what matters most to them, how they buy, why they buy from you, and what would increase their spend or loyalty.

5. Align Offerings and GoToMarket to the Ideal Client Profile (ICP)

Audit your service levels, pricing structure, contracts, and offerings. Then adjust around the needs and preferences of your ICP as well as your most favorable business conditions and risk tolerance. This often involves raising minimum order quantities, adjusting SLAs, and sunsetting low-margin or operationally complex offerings.

Bonus: These structural changes help your non-ideal clients self-select out—freeing up time and resources without needing awkward offboarding conversations.

6. Create a Referral Network for Non-Ideal Clients

If you work with or trust other manufacturers or vendors, you can refer legacy clients that no longer fit your ICP to those providers. This supports their transition and maintains goodwill—especially important in tight-knit industries.

Case Study Insight In one engagement, we conducted a two-year analysis of 500+ clients. We found that 60% of profit came from just 12 clients. While it was tempting to focus only on those 12, we uncovered an additional 27 clients who had the potential to behave like the top performers.

That meant we had 39 clients to prioritize—focusing account growth, marketing, and GTM strategies on those. With changes to value props, pricing, and service levels, we:

  • Reduced cost of sales
  • Improved overall profitability
  • Increased revenue—without adding new customers

The bottom 233 clients? They represented less than 2% of profit. Policy changes encouraged most of them to find alternative vendors—no hard feelings, no churn panic.

Final Thought: Strategy is 80%, Execution is 20%—But Most Companies Miss the 20%

Strategic segmentation is just the first step. Following through on implementation across the entire organization is where most companies struggle or panic which undermines the whole effort and devalues the potential outcomes. You need aligned teams, refined messaging, updated contracts and collateral, as well as consistent execution to turn vision into value.

 

About the Author

Tara is the Owner and CEO of Atomic Revenue, where she continues to problem-solve, innovate, and define the formula for and establish the discipline of revenue operations that launches client growth with stronger foundations and better ROI. As the company's EOS® Visionary, it is her passion to share what she has learned over the course of her career and help other business owners and leaders increase revenue and grow with consistency. She is also a renowned national speaker.