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High Prices Can Make Wealthy People Buy More Unsustainable Products

The Horizons Tracker

High prices may be naturally assumed to deter many from buying more of something than they need, which can have benefits if that item is unsustainable. Social costs. Crucially, this also seemed to extend to other purchases that might incur a social cost. “We’re also not talking about really severe social costs. .

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How to Reduce Operational Costs for Your Small Business 

Strategy Driven

For small business owners, reducing operational costs is essential for the success of the company. With rising overhead expenses and competition from larger companies, it can be difficult to keep up with the ever-increasing costs associated with running a business. Sometimes, negotiation doesn’t just mean lower prices.

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Saving Money on Transport Costs with Packing Optimization

Strategy Driven

Soaring fuel prices. The global cost of living crisis. Business owners know, too – especially those working in production and logistics. With transport costs ever-high, many company owners and managers seek ways to lower the burden, keeping their employees employed and their businesses healthy. The pandemic.

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Cost-Saving Strategies Every Business Should Implement To Cut Down On Outgoings

Strategy Driven

In a competitive market, it is essential to ensure you are keeping costs down in order to remain competitive and maximise profits. There are a variety of cost-saving strategies businesses can implement in order to reduce their outgoings and increase their bottom line. Automating Processes. Negotiating Better Deals With Suppliers.

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What’s Your Time Worth? Why Pricing Matters

N2Growth Blog

Are you shooting yourself in the foot with your pricing strategy? What does your pricing say about your personal or corporate brand? Do you have a pricing strategy, or do you set your prices by some ethereal or arbitrary method? How much is your time worth?

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Effective Ways To Lower Your Shipping Costs Substantially

Strategy Driven

Fortunately, there are a few straightforward and practical ways to lower your shipping costs effectively. And because lower shipping costs will benefit both your business and your customer base, there’s no reason not to consider these simplistic suggestions. Buy Shipping Materials In Bulk. Let Your Customer Pay For Shipping.

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Stop Thinking “Productivity” — Start Thinking “Problem Solving”

Lead Change Blog

Whether you’re facing price pressure from domestic competitors, startups, powerful customers, or low-cost overseas providers, you’ve heard the mantra of “productivity” preached again and again. What typically comes to mind when your organization starts talking about increasing productivity? Suggestion boxes.