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Does making loss at initial stage to attract customers with discounts in startup or business is a good strategy?

5 Business Trends You Should Watch in 2024 1. Sustainability 🌱 Consumers are focusing more on eco-friendly brands. Businesses that adopt sustainable practices will attract loyal customers. 2.AI and Automation 🤖 AI is becoming essential f

Marketing is the process of promoting, selling, and delivering products or services to customers. It’s everything a business does to attract and retain customers. In Simple: Marketing is how you tell the world what you’re offering, why it’s valuable

Day 2 of knowing a business strategy which helps to grow the business in the market. • Offer discounts Companies often offer discounts to encourage customers to make larger purchases. Here are some examples of discounts and special deals they may of

They were the fastest company EVER to hit a billion-dollar valuation. Their revenue grew 22,000% in one year. Then they refused Google's $6B acquisition offer. Now, no one knows if they'll survive. The crazy story of Groupon's meteoric rise — and

Free Trials vs. Discounts: Which Builds a Better Customer Base? When it comes to growing your business, free trials and discounts are often the go-to strategies. But which one actually works better for building a loyal customer base? Here’s a break

The middle-income group is the most promising segment for a food stall business. By offering affordable, hygienic, and tasty food, and choosing a busy location, your food stall can attract regular and loyal customers. Focus on value for money, and yo

Why PaperTap Failed ❓ app that promised groceries delivered to your doorstep in minutes. It started with a bang, but then silence. What went wrong? Not-So-Speedy Success: PaperTap's gamble was on super-fast delivery. Imagine hot chapatis reaching y

Ever wondered why your customers disappear? It’s not always about the product. Many times, it's the experience surrounding it. A colleague of mine ran a simple audit on their customer service process and made one shocking discovery: Most of their

At avriti we've developed a platform with several key features: - Commission-Free for 3 Months:We charge 0% commission for the first 3 months. Afterward, our commission ranges from 1-8% per order, based on the order value (inclusive of taxes). Lower