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How to make more money from your business online
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[QUOTE="Mika, post: 180965, member: 29399"] If you are spending money on ads in order to generate more sales, your profit margins will be low and you will not be actually making a lot of money from your business. You cannot also increase the price just because you have increased your marketing budget because once your product is expensive, people will also stop buying from you. Let me examplify. If you spent $100 on ads but sold only $200 worth of products and your profit margin is 20 percent, you only made $40. Recovering your ad budget can be difficult. I have experience in this regard. [/QUOTE]
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