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7 Types of Competitive Advantages and How to Develop Yours

Success

Niche focus: develop your cost advantage and product differentiation. One is gaining a cost advantage. Finding means to reduce production, supply chain, and delivery costs also assist your cost advantage. If your budget is too limited to offer competitive salaries, what other perks do you offer ?

Budget 279
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Should You Encourage Your Team to Pursue Side Hustles?

Success

Side hustles give people the chance to earn more money, start their own businesses or learn new skills, potentially leading to a salary increase in the future. In some cases, you may also be able to save on wage costs by permitting or encouraging side hustles. Even soft skills are inevitably learned on a side hustle. Saved Wages .

Salary 264
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What happened to customer service at Sears?

Service Untitled

According to online surveys, over 80 percent of customers now give Sears poor customer service grades citing reasons of inept management, unreliable products, poor customer service, and a profound lack of employee training. Customer service begins with employees who want to be working and doing their best.

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I’m telling my friends about the bad customer service

Service Untitled

Still imagine all the damage this entire bad customer service experience has had on the business. How many times have any of us just left our would-be purchases on the ledge or on the counter because service was so slow? Some organizations seem to have misplaced the concept of customers first. photo credit: jeffkward.

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Underwriting employees’ educational expenses tax-free

BMT Office Administration

You may underwrite all of the employees’ educational expenses tax-free, even if the education leads to a degree, if one of these conditions applies: The education is required by you or the law so employees can keep their present salary, status, or job. A $9,500 gross-up will cost the company $13,503.91.

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Why do customers want to keep coming back?

Service Untitled

For many of us the ultimate in business growth and success is repeat business, because these are the very loyal customers who will not only return for another service or purchase, but these are the very same people who will tell others why they have chosen us and advise them to follow our successful paths.

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How to Make Money With AI in 2024: A Beginner’s Guide to Saving Time and Effort

Success

My company started incorporating AI within our application and other forms, using AI customer service tools like DigitalGenius. We used Chatbase to create custom AI chatbots for customer service. We feed the AI tool data, and it manages customer service tasks.

2024 299