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Showing posts with the label profit

Add Value to All You Do

While reading some very informative material recently, I found myself inspired by a concept that enables a person to soar to higher heights.  The concept of adding value to everything you do, when applied to specific areas of a person's life, can bring that person to be highly sought after by those receiving the added value.  The material I was reading focused on business and what this concept will do for the success of a business.  Another way of looking at this concept is in the idea of doing more than is expected, or doing more than that which you are compensated to do.  When doing this a person will be "weighed" against others who do not.  In comparison, the person who adds value to all he/she does will be sought after to the degree that there will be keen competition for his/her service.  As a person becomes more and more recognized for doing more than he/she is compensated to do, he/she will begin receiving more and more compensation for their service...

How To Price For Optimum Profit - 3 Things to Consider

One of the greatest problems that businesses face is getting the pricing strategy right. This article explores the three key factors all companies need to consider when getting this vital element on target. Missing only one of the three can have disastrous consequences. As with everything, it does not take rocket science to get this right, however one slip, could seriously damage your bottom line. The three factors, equally weighed are as follows: The value that your customers put on your product and service (" Perceived Value "). Take a look at our article from 01/30/2018, Your Web Site's Success Are You A Perceived Expert Will you make a profit ? What your competitors charge for the same or equivalent (some use this pricing strategy based almost entirely on competition's prices. This is a common error. But don't take my word for it... ) Understand that competitive pricing is one strategy that involves many factors. Check out this article here . So ho...