How to Increase Profit Margin: 5 Strategies for Any Business
Hubspot Sales
NOVEMBER 29, 2021
Advertising: 0.34%. Drugs (Pharmaceutical): 14.10%. Hotel: -30.78%. The concept of "a good profit margin" is pretty fluid and varies widely from industry to industry — so it's hard to pin down a one-size-fits-all optimal number. Aerospace and Defense: 2.49%. Air Transport: -25.03%. Apparel: -3.94%. Auto and Truck: 1.40%.
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