Sugar Free Flavorful...ย โขย 24d
These days I am spending a lot of time checking numbers and costs. Not because I love maths but because the price of MilkyWiz must be right. If I price it too high, people wonโt buy, if I price it too low, I wonโt survive. So I started studying big brands in the health drink space. Most big brands earn only about 20-30% profit after expenses Their gross margin is usually around 40-55%, they make money mainly when they sell in big volume If even they work in tight margins, a new founder like me has to be careful with every rupee. I want MilkyWiz to be affordable for people, but also sustainable for me to keep building. Not cheap. Not overpriced. Just fair. What do you think is the right way for a new brand to price products lower to attract customers, or fair to build trust long term?
Here you go!ย โขย 10m
Lowering price is the worst strategy to increase sales Smart brands know a secret: People don't buy on price, they buy on perceived value. Here's the winning formula: 1] Tap into dreams: Understand your audience aspirational self. What do they wa
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Building WelBe| Entr...ย โขย 11m
Smart brands know a secret: People don't buy on price, they buy on perceived value. Here's the winning formula: 1. Tap Into Dreams: Understand your audience's aspirational self. What do they want to look like, feel like, be like? Align every product
See MoreSugar Free Flavorful...ย โขย 3m
The first time I tried to explain MilkyWiz to someone... they did not get it. The first time I pitched... I froze. The first time I tested it with people... I got feedback I was not ready for. But here is the thing ,every first is awkward. Every fi
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Guava Trees Softech Pvtย โขย 1y
I see one loop whole opportunity for newbee clothing brands not fashion brands or fast fashion brands. There is one gap spotted which is gap for mass premium audience, people started looking out for new brands in that space with attractive designs. T
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