How to Increase Profit Margin: 5 Strategies for Any Business
Hubspot Sales
NOVEMBER 29, 2021
Advertising: 0.34%. Apparel: -3.94%. Drugs (Pharmaceutical): 14.10%. To help you gauge where your profit margin stands relative to your competition, here's a list of average profit margins by industry in 2021 from NYU. Aerospace and Defense: 2.49%. Air Transport: -25.03%. Auto and Truck: 1.40%. Auto Parts: -4.45%.
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