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Pricing Erosion: Definition, Causes, and How to Avoid It

TrackStreet

As prices continue to fall over time, businesses may face major challenges, including shrinking profit margins and a negative impact on their financial health. This trend not only tests a company’s resilience but also demands innovative strategies to maintain profitability in an increasingly competitive landscape.

Price 52
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How to Implement a Promotional Pricing Strategy the Right Way

Hubspot

If your business hits a wall like that, particularly if you're in retail or ecommerce, you might just need to generate some quick demand and spur consumer interest. A flash sale is when businesses, typically in ecommerce or retail, offer substantial discounts on their product or services within a relatively short time frame.

Promote 83
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How to Start a Call Center Business: A Comprehensive Guide

Lead Fuze

You’ll learn about cost considerations in setting up your business, choosing between virtual or on-site operations, legal requirements such as obtaining business insurance, and how to set up efficient workflows for managing calls. How do I write a business plan for a call center? Inbound or outbound?

Legal 52
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Dropshipping 101: What It Is and How It Can Make You a Successful Online Retailer

Hubspot

The very first questions you need to answer are all about your product: what will you sell, where will you get it and how will you get it to your customers. Amazing marketing and incredible customer service won't get you very far without sourcing, inventory management, order fulfillment and shipping processes in place.

Retail 77