Written by Alexandra Terreri – Manager at Growth IQ Pricing can be a confusing topic when you’re starting your new business. There is no concrete formula or sure-fire way to know exactly how to price your product or service. Many startups often set discounted prices as a result of this ambiguity. This will get the […]Read more
86% of consumers are willing to pay more for a better CX. 70% of buying decisions are based on how customer feel they are being treated. Companies that excel in CX will grow revenues 4-8% above the market average. 7 in 10 Australians will spend more with companies they believe to provide a great CX. […]Read more
If I had a dollar for each time I’ve heard the following statement when reviewing profit numbers at month/quarter/year end meetings I’d be a rich man. “Is that how much profit the business made this period? So why don’t I have any cash in my account? I cannot begin to tell you how much success […]Read more
Australian Business Facts – All obrtained from the Australian Bureau of Statistics for the year ended 2018.
96% of all business in Australia is small business – it is the engine room of our economy. In the 2018 financial year, 22,018 Australian businesses became insolvent. The main reasons for insolvency were: -inadequate cash flow -poor strategic management, and -trading losses Small businesses employ over 4.5 million people, which represents more than half […]Read more
About 69% of the global greenhouse gas emissions are from the transportation and energy industries. Out of this, the paper and print industry accounts for 1% of the carbon dioxide produced. When paper is disposed of in dumping sites, it is subsequently broken down, and methane is produced, which is a potent greenhouse gas too. […]Read more
Roughly, 26% of solid waste dumped in dumping sites is discarded paper and paperboard. Besides, pulp and paper mills also contribute to water, land and air pollution. The industry also uses more water to produce a volume of products that other industries use less water to produce. It has also been identified that de-inking of […]Read more