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Pros and Cons of Penetration Pricing for Small Businesses in the UK

admin9 months ago9 months ago06 mins

Small businesses in the UK are grappling with the challenge of establishing a strong market presence. Recent market research indicates a growing trend towards the adoption of penetration pricing as an effective strategy for small businesses. This article delves into the nuanced world of penetration pricing, unravelling its pros and cons for small businesses and…

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Small Business UK: What is Sales Velocity and How to Measure It in 2023

admin1 year ago012 mins

Sales velocity is a critical metric in today’s business landscape, serving as a barometer for how efficiently a company’s sales team is converting opportunities into revenue. In this competitive era, understanding and harnessing the power of sales velocity is paramount for sustained growth and profitability. This article delves into the intricacies of sales velocity, offering…