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Sales

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102 articles · page 7 of 12

What is product margin, and why can your bestseller lose money?Sales · 2 min read

What is product margin, and why can your bestseller lose money?

Product margin is what remains after costs, fees and absorbed shipping. Learn to calculate it and why a Black Friday bestseller may lose money.

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What a payment gateway is and what it chargesSales · 2 min read

What a payment gateway is and what it charges

A payment gateway connects stores to banks and card networks. Learn its functions, three possible charges, and contract comparison criteria.

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What a business proposal is and what it must includeSales · 2 min read

What a business proposal is and what it must include

A business proposal states deliverables, price and deadlines. The seven items customers need to decide.

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What annual price adjustments are and how to calculate yoursSales · 2 min read

What annual price adjustments are and how to calculate yours

Annual adjustments restore prices once yearly to cover rising costs. Learn the calculation, index selection and timing.

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What is average order value?Sales · 2 min read

What is average order value?

Average order value divides revenue by order count. Learn to calculate it, why it falls on Black Friday and how to raise it without discounts.

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What is CRM, the customer directory that works for you?Sales · 3 min read

What is CRM, the customer directory that works for you?

CRM records every customer conversation and reminds you who needs follow-up. See how it differs from spreadsheets and when it is worthwhile.

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What is an online store and what does it do that a catalog cannot?Sales · 2 min read

What is an online store and what does it do that a catalog cannot?

Online stores let customers choose, pay and receive confirmation without talking to you. See what catalogs cannot do and when each is sufficient.

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What is a gift card and how does it work?Sales · 2 min read

What is a gift card and how does it work?

A gift card is credit paid for today and used later. Learn how to issue and track it and why it sells well between Black Friday and Christmas without discounts.

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Price objections: three responses that workSales · 5 min read

Price objections: three responses that work

When customers say 'it's expensive,' three responses work: ask compared with what, show what is included, and offer a smaller version.

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