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Market Expansion: Three Approaches for Companies Looking to Grow

Zoominfo

Meanwhile, buyers who are not familiar with products or services can benefit from market expansion as a company increases its reach. Lululemon — a sports apparel retailer — was one of those firms, as it bought in-home fitness startup Mirror for $500 million in June 2020. We think that will be a byproduct.”.

Lead Rank 211
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Market Expansion: Three Approaches for Companies Looking to Grow

Zoominfo

Meanwhile, buyers who are not familiar with products or services can benefit from market expansion as a company increases its reach. Lululemon — a sports apparel retailer — was one of those firms, as it bought in-home fitness startup Mirror for $500 million in June 2020. We think that will be a byproduct.”

Lead Rank 130
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How to Increase Profit Margin: 5 Strategies for Any Business

Hubspot Sales

And if you want to pin down one that will work best for you, you'll need to conduct extensive market research, conduct competitive benchmarking, thoughtfully shape and understand your buyer personas, and be prepared to ride out the tides of trial and error. Make sure your customer service infrastructure is active and effective.

Margin 110
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Sales Effectiveness Comes From Sustainable Value

Pipeliner

Customer Service might be the strings. If the players are all virtuosos—which must be the case for any world-class symphony orchestra—then the company’s customer will have a remarkable experience, just as a listener would be ecstatically moved by the symphony orchestra’s music. So, unfortunately, will the company.

Apparel 58