marketerone
12 Dec 2020
Cash Flow: Focus on Price
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Focus on price. Have a few customers, our teams working with. Looking at cash flow and usually it's gross sales. Cut costs is to kind of go to things to improve cash flow. But those don't always work. Many times they don't. If your price is not high enough or other factors, pricing usually fixes everything. So as you're pricing your products, make sure you're meeting regularly with the committee or using an analytical app. E-commerce has a lot of apps that plug into Amazon and so on.
So don't forget about your pricing when you're trying to fix cashflow or really look at how to grow your business.
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