Companies and businesses use different types of pricing strategies, Cost-Plus Pricing is one of the simple yet effective strategies. However, it means adding the original cost of the product plus overhead expenses like labor cost, transportation cost, rent, and a profit margin or the markup. When …
What is Sales Process According to an estimate, approximately more than 13% of the employees in the US are working in the field of sales. It doesn’t matter whether you’re an experienced person or a newbie; sometimes it’s difficult for you to close the potential sales …
Malaysia is a country situated in the southeast of Asia. South Chinese Ocean divides the country into two parts; East Malaysia and Peninsular Malaysia. The national capital of the country is Kuala Lumpur. Thailand, Indonesia, Vietnam, Singapore, Brunei, and the Philippines are the neighbouring countries of …
Situated in the North-Western part of Europe, Norway is a quaint Scandinavian country. It is famous for its external environment such as lush mountains, a beautiful coastline, and also for its peaceful nature. It’s neighboring countries are Denmark, Sweden, and Finland. Following is Norway’s Pestle Analysis …
B2C or business to consumer means when a business sells its products and services directly to the end consumers without any intermediary. The businesses and companies that approach customers directly and don’t employ middlemen are B2C companies and businesses. Ecommerce and online shopping have promoted the …
As we know that a company is an independent legal entity where a group of people who work together to achieve a common goal. A company has many pros and cons like limited liability and double taxation. However, we’ll discuss the types of companies today. Here …
In today’s world of rapid tech changes and overnight commercial disruptions, business models are changing practically at the drop of a hat. A prime example of this in the present times is WeWork. WeWork works on a novel business model that provides office spaces to small …
Today we’ll discuss the impact of psychological pricing on the decision making process of customers when they visit the market. What is Psychological Pricing? Psychological pricing is the art and process of using the factional numbers instead of the whole figures. For instance, marketers price their …
What is Slack Slack is a cloud-based platform that allows people to send and receive instant messages, emails, and notifications by using the single app. In other words, slack is an integration of various miscellaneous platforms into a single one. Whether it’s direct messaging or group …
