Getting salespeople to embrace and internalize new concepts is a significant challenge. Studies show that most knowledge gained during a live training event is forgotten within 90 days. Establishing a consistent reinforcement sequence that challenges reps to apply new skills and behaviors is key for transforming the short-term performance boost of conventional sales training into…
Maximizing Profit Margins by Reducing Credit Card Processing Costs
While swipe fees might seem small, they add up quickly. Combine them with other processing costs, such as card brand assessments and monthly gateway or PCI non-compliance fees, and the total cost skyrockets. Understanding which credit card processing costs are negotiable is critical to negotiating competitive rates. Start by determining your effective rate, the sum…