Here is a tried and tested tip that will improve your profitability:
Increase your prices
Sounds simple doesn’t it? However, this does not mean increasing all of your prices irrespective of market conditions. Many people are frightened of increasing prices, as they think they will lose their customers, as they believe their customers only make a purchase based solely on the price. However, if you stop and think about it: do you only buy the cheapest product, or look for the one that is value for money?