When a company’s profit margins aren’t at expected levels, a variety of factors can be at play. Profit margins are generally a measure of business efficiency, and if the numbers fall short of projections, the solution will generally involve reducing costs, increasing sales or both. Businesses must also assess why profit margins are below expectations so that they can make focused and effective corrections.
Customer analytics is a subset of business analytics that focuses on metrics that tell you more about your.
The fastest way to grow your profits is often to improve your margins. Many businesses don't like to talk about.