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Feature-benefit selling highlights the practical uses of a product by explaining how each feature improves daily life or business operations for the user, says Geoffrey James for Inc. magazine. Consumers search for produ... More »

A professional should define his profession as a career that he becomes competent in through formal training. Most professions are governed by a professional body that requires each member to engage in continuing educati... More »

www.reference.com Business & Finance Careers

Companies define the cost of labor as the sum of all wages paid to employees plus the cost of employee benefits and any payroll taxes paid by a company. The cost of labor for companies is broken into two separate types o... More »

www.reference.com Business & Finance Careers Salaries
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Customize a basic marketing plan template by adding key information such as unique selling proposition, target customers, product information and product distribution. Add unique company details to essential sections suc... More »

A marketing mix is important in business because it maximizes a company's chances of achieving steady, continual success in its operations. A marketing mix also ensures that a company remains responsible to its customers... More »

The Magento eCommerce platform is a suite of products that e-commerce companies can use to manage the operations of their business. As of 2015, Magento offers four different segments of its platform: the Enterprise Editi... More »

Marginal revenue is the additional revenue a business makes after selling one more unit of product. The formula for marginal revenue is the change in total revenue divided by the change in quantity of output. More »