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Case Math

Tom Spencer

Price elasticity of demand: Price elasticity of demand is a measure of the responsiveness of quantity demanded to a change in price, and is relevant when formulating pricing strategy. Profit Margin: Gross Profit Margin: Gross profit margin measures how much of every dollar of sales revenue remains after subtracting the cost of goods sold.

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How Are You Spending Your Social-Distancing “Vacation”?

Prudent Pedal

Search for: About the Author Jeff McKay Founder & CEO Prudent Pedal Jeff helps firms set smart growth strategies in motion. I outlined a continuum of 3 types of organizations and how a firm’s worldview shapes whom it serves, why, and how. Does the firm serve Shareholders, a broader. Learn more. You're in! We respect your privacy.

Journal 72
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To Grow Your Business Abroad, Partner with Local Influencers

Harvard Business

Influencers are much more than the “Instafamous”: They are diverse individuals with established expertise, expansive platforms, and refined strategies of engaging target audiences and shaping their behavior. For example, consider Dez Blanchfield , whom I interviewed. Building an Effective Influencer Strategy.

B2B 36
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Blockchain for Supply Chain – Insights from Berlin

Tom Spencer

We dove into an hour-long Q&A session with three main objectives: To learn how Ricardo found himself in the blockchain world after working at a strategy consulting firm. Objective 1 – To learn how Ricardo found himself in blockchain after working at a strategy consulting firm . You seem to be pointing out it’s many benefits.

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Business Valuation Lessons From ESOPs

Martinka Consulting

One of my roles was being on the team interviewing the critical (and very expensive) ESOP advisors. A well-run company rated a 5 out of six (a 20% ROI) is now an 8.33 (same rating percentage but now a 12% ROI). Using comparable sales of much larger firms will distort the value.

ROI 40
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6 ways to renew (and stick to!) your CX vows

1 to 1

Invest and act on great customer experience Understanding the importance of building an organizational CX competency is a crucial first step, but without an executable strategy, organizations will continue to lag industry leaders. Data is at the core of any customer experience strategy. Renewing your CX vows begins with the basics.

Metrics 26
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What Creativity in Marketing Looks Like Today

Harvard Business

To explore this question, we interviewed senior marketing executives across dozens of top brands. Brocade, a data and network solutions provider, created a “customer first” program by identifying their top 200 customers, who account for 80% of their sales. These members are 2.6 The results? Turn everyone into an advocate.