Lucratively

Lucratively, an adverb, describes the manner in which something is done that results in generating a profit or financial gain. It implies that an action, business, or investment is conducted in a way that is advantageous and yields a substantial financial reward. This can encompass strategies related to cost efficiency, market demand, successful sales, wise investments, and effective management. The term suggests not only the earning of money, but the consistent and significant generation of wealth through a particular endeavor. It emphasizes the financial benefit and the skill or method through which that benefit is achieved. The degree to which it’s ‘lucrative’ can vary, from a small profit to enormous wealth.

Lucratively meaning with examples

• The entrepreneur expanded her online store, focusing on a niche market, and subsequently marketed the product across multiple social media platforms. She ran the business lucratively, generating substantial revenue due to her shrewd marketing campaigns, resulting in considerable profits and significant business growth within a short span of time.
• The real estate developer identified an undervalued property in a rapidly developing area and, after conducting due diligence, purchased the property. He then renovated and re-sold the property lucratively. His expertise in identifying prime investment opportunities and negotiating advantageous deals ensured substantial returns on investment.
• The software company developed an innovative application with a recurring subscription model and marketed it to a broad user base. They updated their software and created new feature sets, thus supporting a long-term growth of subscriptions. By pricing it strategically and acquiring more users, the company sold their software lucratively and consistently.
• The art dealer cultivated relationships with prominent collectors and identified rising artistic talent. He secured exclusive rights to sell their artworks and subsequently presented them at high-profile auctions and private sales. The ability to select appealing art, and make profitable sales made him very successful, and he made a living lucratively through his skills and access.