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How to Increase Profit Margin: 5 Strategies for Any Business

Hubspot

How can you motivate them to get there? Banks (Regional): 23.79%. Electrical Equipment: 7.63%. Farming/Agriculture: 3.81%. If prospects are willing to pay more for your product or service, your profit margin on each sale will expand — that's pretty straightforward. There are a few ways you can get there. Apparel: -3.94%.