To find a profitable niche, marketers should balance their interests with what customers are buying. Researching keywords and studying competitors can help, and considering affiliate programs can increase profits. It’s important to find a niche that is both popular with consumers and aligns with the marketer’s interests and knowledge. Keyword research and competitor analysis can […]
A profitable customer generates more profits than the resources used to acquire and maintain their business. Factors such as sales efforts, commissions, and customer service costs must be considered. Salespeople should qualify potential customers to determine profitability. A once profitable customer can become unprofitable due to low business volume or additional costs. Providing quality customer […]
To choose profitable stocks, investors must consider factors such as the stability of the issuing company, the relationship between price and projected payouts, and the length of time they plan to hold the stocks. They should also identify when to buy and sell to maximize returns and stay within their comfort zone. The objective of […]
