It’s important to use multiple data sources, such as industry surveys, government data, and market research, to ensure your pricing is accurate and fair. Keep in mind that markets do change—so job pricing should be a regular part of your compensation management process. Make a habit of re...
Bill Lee
What Is Inventory Management? Inventory management is the process of tracking and controlling the quantity, cost, and location of inventory, helping businesses identify how much stock to order at what time. It’s a crucial part of the supply chain process, ensuring that the right amount of prod...
Pricing is a subset of subscription management and refers to the way products and services are bundled, priced, and billed. Subscription pricing may refer to the recurring charges accrued at regular intervals (monthly, quarterly, half-yearly, or annually) or the charges accrued based on customer...
Fleet management is the process of ensuring an organization’s fleet of vehicles are maintained, its drivers supervised and operations optimized.
Building and combining the right pricing models helps you tailor your subscriptions to the customer so they sell. Subscription management helps you maximize the revenue you get from them. The goal is to create recurring revenue growth. We share how to track it below. ...
While the end goal of all marketing management is to increase sales, a marketing strategy includes much more than creating an incentive to press the Buy button. It creates a customer journey, which takes a potential customer from the very first time they hear of your brand to the moment when...
But good marketing management is often easier said than done. Hiring a dedicated marketing manager to own these tasks can boost your marketing efforts and free up energy and time, allowing you to focus on growing your business. Furthermore, as with many areas of your business, there is an ...
Risk is inseparable from return. Every investment involves some degree of risk. It is close to zero for U.S. Treasury bills but it can be very high for emerging-market stocks. The problem is, a higher level of risk almost always means a higher potential return. The solution, from the i...
Risk is inseparable from return. Every investment involves some degree of risk. It is close to zero for U.S. Treasury bills but it can be very high for emerging-market stocks. The problem is, a higher level of risk almost always means a higher potential return. The solution, from the i...