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The Important Role of Pricing Departments in the Price, Cost, Revenue Equation

Holden Advisors

Think: Revenue – Costs = Profit. Some time ago, Holden Advisors assisted a company that sold construction dirt by helping them better define their value. Pricing Divisions: The Guardians of Revenue and Defenders of Value. The pricing department of any company is essentially the guardian of revenue. Assist in communicating value.

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How to Increase Profit Margin: 5 Strategies for Any Business

Hubspot Sales

Every company has its eyes on its bottom line and, in turn, is mindful of its profit margin — the most definitive metric of how successful your sales efforts are, relative to your expenses. Ways to Increase Profit Margin. If you want to improve your profit margin, you can't go in blind. Focus on customer retention.

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How Construction, IT and Manufacturing Industries Can Capitalize on CRM

SuperOffice

But for businesses in construction, IT and manufacturing, there are additional aspects of CRM that can make daily tasks simple. CRM for Construction. In fact, 90% of leading marketers agree that personalization contributes to business profitability significantly. CRM for Construction. CRM for IT. CRM for Manufacturing.

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What Is Revenue? A Quick Refresher

Hubspot Sales

It's the starting point for calculating profit, and generating enough of it means your business can cover operating expenses and stay afloat in the long run. Is it the same as profit? Let's get into the basics of revenue, how to calculate it, and how it differs from profit and cash flow. Is Revenue Profit?

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The customer may be right, but you need a PoV!

Upland

PS teams often have to walk a tightrope between making a customer happy and therefore, interested in a long-term contract, while simultaneously completing projects on time, on budget, and with a profit. This is where the magic of a strong POV can head off having the project team relegated to being paid staff.

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Email Open Rates By Industry: See How You Stack Up

Hubspot Sales

Arts & Entertainment, Construction, Human Resources, Legal & Government, and Real Estate have the highest open rates. Construction: 45%. Non-profit: 28%. What is the average email open rate for construction companies? From a sample of over 195,000 emails, the average open rate for the construction category is 45%.

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6 Excellent Reasons to Consider Lean Construction Software

Kainexus

While many people associate the Lean business methodology primarily with manufacturing, it is an ideal approach in the construction industry. Construction projects are complex. Lean construction software isn’t a requirement for leveraging the approach which seeks to respect workers, eliminate waste, and continuously improve.