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Mark Smith
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“That’s where testing comes into play. You can eliminate a lot of that procrastination by saying, ‘OK, let’s do something, but we’ll test the idea by starting small.’ By doing constant testing, we become a marketing laboratory for them,” notes the company exec.
When so much testing is being done, some of it can become a loss leader, Panaggio concedes. Thus, it helps to be a privately held company on a very sound financial footing.
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