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

Business Idea: Enabling Credit Card Discounts and Cashback for Non-Credit Card Users In today’s digital shopping era, e-commerce platforms like Flipkart, Amazon, and others frequently offer discounts and cashback deals, especially for customers using

Why Flipkart Struggles to Turn a Profit: Unpacking the E-commerce Giant's Challenges - Intense Competition: Competing with Amazon, Snapdeal, and other local players drives up marketing and operational costs. - High Discounts & Offers: To attract

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

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

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

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

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

Pitch: All-in-One Offer Aggregator App In today's digital world, customers are overwhelmed with countless apps, each offering discounts, cashback, and schemes. But no one knows where the best deals truly are. This leads to missed opportunities for s

What would be your approximate Customer Lifetime Value (CLV)? You run a mobile app that offers premium subscriptions for ₹500 per month. Last year, you acquired 1,200 new customers, and your marketing spend for customer acquisition was ₹1.2 lakh.