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What Are Sales Channels? (and How to Pick the Best Ones)

Salesforce

Sales deals are being closed completely virtually on channels for online chat/support (87%), online portals (86%), and mobile apps (85%). Evaluate channel efficiency: You’ll see which channels are effectively acquiring more customers and which ones are decreasing profit margins.

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Competitive Pricing: The Secret to Winning More Deals

Salesforce

Your business will have to set firm red lines that cannot be crossed, no matter how badly the sales team wants to close a deal. All the players begin to see profit margins sink or disappear entirely, and the perceived value of the product type can take a hit, too. Following in the ill-advised footsteps of the competition.

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Is Competition Based Pricing a Winning Strategy?

Salesforce

Here are a few to consider: Cuts into profit margins Competition based pricing doesn’t work for every business. Assess costs and margin Evaluate your cost structure to ensure pricing covers costs and maintains desired profit margins.

Price 52