How to Increase Profit Margin: 5 Strategies for Any Business
Hubspot Sales
NOVEMBER 29, 2021
Advertising: 0.34%. Business and Consumer Services: 2.47%. Drugs (Pharmaceutical): 14.10%. Electronics (Consumer & Office): -1.53%. Telecom (Wireless): 4.60%. 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.
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