Ways to get rich in today's generation? I've realised that my MNC job won't make me wealthy. I don't want to live paycheck to paycheck. How can I navigate my path to 3-4L a month?
Pricing Strategies:-
1. Cost-Plus Pricing: Adds a markup to production costs.
- Example: A $10 product sold for $15 ensures profit.
2. Value-Based Pricing: Prices reflect perceived customer value.
- Example: Apple charges premium rates for i
Fresh Content, Fresh Bread.
Perfect example of Content Marketing!
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The Consumer Adoption Process
The consumer adoption process involves five key stages: Awareness, Interest, Evaluation, Trial, and Adoption.
1. Awareness: Consumers first learn about the product.
Example: Tesla created awareness for its EVs through
Google is finally starting to impress on the product the distribution advantage will kick in shortly- a good reminder when distribution is proprietary, distribution wins example Comcast VS Netflix, when distribution is commoditized best product wins