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Business Ideas Forum
Several Ways Business Owners Consider Making Profit.
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[QUOTE="Ithedicious, post: 257512, member: 73248"] Profitability in relation to volume is what so many people are using as a strategy to make a lot of money and to overcome much competition in their area of concentration. In most cases , I also consider this to be a good advertising and marketing strategy because if your business is experiencing a large influx of people , you shouldn't really be much more interested in generating much profit but you can slash your profits lower just to have more people to patronize you. You will come to find out that you will even earn more than someone who has increased the price of his or her products to earn the highest profit . Other strategy of earning profits can be applied mostly it would depend on the type of business you are establishing and also what you are interested to achieve in the business you are managing . [/QUOTE]
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Several Ways Business Owners Consider Making Profit.
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