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6 Factors That Can Impact Your Commercial Business

Strategy Driven

The repercussions of water damage are far-reaching, potentially causing extensive property damage, interrupting business operations, and leading to substantial financial losses. Understanding market trends requires thorough market research and analysis. Equally important is training and development.

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Understanding Customers Is Everyone's Job

Harvard Business Review

Creating products and services for market segments of one (" mass customization ") isn''t easy. The only way it can happen: marketing, IT, operations, and human resources functions must collaborate in unprecedented ways. But enhanced marketing capability, by itself, is not sufficient for gaining maximum customer intimacy.

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The Fine Line Between When Low Prices Work and When They Don’t

Harvard Business Review

As American, Delta, and United changed their fare structures and slashed prices month after month to undercut each other, Southwest took out advertisements saying, “We’d like to match their new fares…but we would have to raise ours.” To the extent they advertise at all, they focus almost exclusively on price.

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Protecting Your Small Business: How to Cover the Basics

Strategy Driven

You need to take the time to understand the laws in different markets you are operating in. Once you have these two basics covered, venture into other areas of the law that also affect your business, including marketing and advertising law and intellectual property law. There are several things you want to dig into.

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GDPR and the End of the Internet’s Grand Bargain

Harvard Business Review

Top 10 Operational Impacts of the GDPR (IAPP). Internet companies have had over a decade to integrate basic data collection and use safeguards into their operations, including limiting the data they collect and adopting international information security standards. Full Text of the Regulations. GDPR Explained (CNET).

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Big Business Increasingly Supports Gay Rights

Harvard Business Review

Back in 1991, a Wall Street Journal article included a chart entitled, "A Dream Market," comparing gay households to the national average, noting the relative potential advertising appeal for a variety of industries. LGBT marketing is on the rise.

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If Your Mobile Strategy Can Win Here, It Can Win Anywhere

Harvard Business Review

But, possibly because it has such great potential for improving welfare, the developing world far outpaces the US in creating a system where mobile phones — marketed specifically to women — are truly essential tools. And these messages use strong market segmentation.