Picture this – the sales managers are offering 15% off electronics and computers on top of bonus discounts if they pay early. Plus, the sales managers receive a commission when they sell a product over $1,000. For accountants, one question comes to mind: how will I...
As a business owner, you’re always looking for ways to increase your profits and stay ahead of the competition. One pricing strategy that can help you achieve both of these goals is volume pricing. Volume pricing is a sales strategy in which the price per unit...
Did you know that on average U.S. consumers belong to 16 loyalty programs but actively use less than half of them? However, it costs five times as much to attract one new customer than it does to keep an existing one. So, are customer loyalty programs worth the...
The age of the machines is coming. Better hop on board or get left in the dust. Artificial Intelligence (or AI aka a fancy robot/software that does the work for you) is no longer a strange term. It’s the future. From apps to prosthetics to robots, technology has...
Have you ever been planning a vacation and find yourself constantly checking flight prices, or you set an alert for a specific flight to drop in price? Maybe there’s an artist you want to see in concert, but you waited too late to buy a ticket and now it’s tripled in...
Do you want to keep your customers happy? I hope you are answering with a resounding YES! One strategic way to do this, is with rebates. Unfortunately, they often come with a ton of processes to manage and keep track of. You’ll want to make sure you are not overpaying...
