Capturing fluctuations in market trends and customer behavior are important factors in maintaining and promoting the performance of the business. To capture this information, you will need to set up an analytics infrastructure to collect and organize different types of data.
Read more ...When used strategically, psychology pricing focuses on the number and format of prices available in your price list or on your website. It's a way to trigger subconscious responses from customers that help influence their buying decisions. While many businesses use psychological pricing tactics, there are several types across several industries. Research has shown that certain formats can elicit subconscious responses from consumers and encourage purchases. Because they are inexpensive to implement,psychological pricing is a popular method for many businesses across industries.
Read more ...Have you ever wondered how Google Maps knows exactly where you are? Or how it can suggest the best route to take based on your current location? The answer lies in a powerful feature called geolocation, which uses a combination of GPS, Wi-Fi, and cellular data to pinpoint your device's location on a map. In this blog post, we'll dive deeper into the world of geolocation and explore how it works on Google Maps. Whether you're an avid traveler or simply curious about technology, read on to discover the fascinating science behind this innovative tool.
Read more ...Uber and Netflix are both successful new market entrants in their respective industry space.
Read more ...Global marketing is a term used to describe the cross-border promotion of goods and services. This concept is one that most would think of at first glance, however, it is actually a much larger topic than most people realize but it has tons of benefits. Let's dive deeper into what global marketing means and how it can help your business today from an entrepreneur's perspective.
Read more ...Good quality is always the top priority in business. Even a few percentage points difference in performance can make all the difference in a business. So how do you gauge and measure customer satisfaction while ensuring that the quality of your products, services and processes are up to scratch? We have created this article to provide a comprehensive perspective on this matter so that you can follow suit and build your business with higher standards.
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