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How to Implement a Promotional Pricing Strategy the Right Way

Hubspot

Your product or service isn't moving with the oomph you'd like it to. You realize your business needs a shot of life. 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. So, what can you do? Flash Sales.

Promote 83
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Pricing Erosion: Definition, Causes, and How to Avoid It

TrackStreet

In a competitive industry for a specific type of product or service, businesses often engage in pricing wars that lead to a steady decrease in the value of goods. Pricing erosion refers to the steady and ongoing drop in the prices of products or services within a particular market or industry. What usually causes it?

Price 52
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Discount Pricing: Its Strategies & Practical Examples

Hubspot

We've all seen retail outlets offering sale prices or "buy one, get one free deals" — and for good reason. When done right, the method can drum up quick interest in your business, foster customer loyalty, and pay off in spades. It has a significant and effective place in certain industries — specifically, retail and ecommerce.

Price 88
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Is the Sandler Sales Methodology Right for Your Team?

Highspot

Sandler Selling doesn’t stop at reaching quotas and making the sale; it emphasizes the importance of nurturing ongoing customer relationships by building trust for repeat business. Maintaining post-sale follow-up ensures mutual trust for repeat business and minimizes buyer’s remorse. Is your product or service high-value?

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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. “Start your own call center business and become the superhero of customer service.

Legal 52
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Does a B2B Business Need a Different CRM Than a B2C Business?

Sales Hacker

When launching JustReachOut, I created an enticing landing page with product information that helped promote it and convince people to prepay to use it. B2C clients are buying a product or service directly from you, which in most cases is for their own use. retail stores selling children’s toys), or they’re using a service (e.g.

B2C 76
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5 Customer Retention Tools for Long Term Ecommerce Success

Hubspot

A successful customer retention strategy turns one time shoppers into loyal, repeat purchasers that buy more, more often. A customer retention strategy will boost your profitability while encouraging repeat business that drives a sustainable long term business model. Best for stores with repeat purchasability.