To truly leverage your Position of Market Dominance, it's crucial to measure its impact on your business. Track key metrics like lead generation rates, conversion rates, average sale value, and customer retention before and after implementing your PMD. Look for increases in brand recognition and positive sentiment in customer feedback. Monitor how often your unique value proposition is mentioned in sales conversations or customer reviews. By quantifying the effects of your PMD, you can refine your approach and demonstrate its value to stakeholders, reinforcing the importance of maintaining a strong market position.
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