Are You Still Relevant and Needed?
A Wall Street Journal article caught my attention last week, with the title “Wayfair Layoffs Focused on Remote Workers”. Wayfair isn’t a stranger to layoffs, having already executed three other…
Hunting for Profit: Tweak your Service Offering
In the wake of the post-COVID-19 landscape, companies are navigating the quest for increased profitability with ingenuity. While hyper-inflation provided air cover for plain price hikes as a survival imperative,…
Are Your New Prices Alienating Existing Customers?
In January 2023, Forbes reported a significant price reduction by Tesla: “Tesla Slashes Prices Up To 20 Percent, Sending Shockwaves Through EV Industry.” (https://bit.ly/41ZHA7f). Speculation surrounding the reasons included sales…
Navigating the Current Margin Squeeze: Practical Tips for Businesses
In today’s dynamic landscape, a convergence of factors is forming a “perfect storm”, one that is set to reverberate across various sectors, leading to a constriction in profitability and, for…
New Year Resolutions…Does Your Pricing Need a Tune-Up?
Revamping Your Pricing Strategy for the New Year: Are Adjustments Necessary? As we stride into a fresh year, it’s customary to set resolutions and recalibrate our approaches. Could your pricing…
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