Abhilash Rao
@abhilash
Abhilash Rao
@abhilash
4 types of Pricing studies
Study: Van Westendorp Method with steps:
Ask price considered "too low"
Ask price considered a "bargain"
Ask price considered "expensive"
Ask price considered "too expensive" Drawbacks: Hypothetical bias, not frequently used by companies or academics, open-ended questions can lead to inaccurate results When to use: Frequently
The work you put into improving your funnel is effort well spent. But attempts to build a perpetual motion machine of profit almost always end with bitterness, because they require you to push too hard and too fast to do anything that lasts. The goal is to prime the pump with ads that are aimed at neophiliacs, people looking to find you. Then build
... See moreClassic example of “mutli-homing” in platform network effects
via Jodi Glickman (pitching yourself)
Just ‘going with the flow’ drains the purpose from your work and life, makes personal and professional relationships seem tenuous and uncertain, and almost guarantees that you’ll fail to live with intention. All this means you may not accomplish things you’d really like to accomplish.
The roots of the word “compete” are the Latin con petire, which meant “to seek together.” What each person seeks is to actualize her potential, and this task is made easier when others force us to do our best. Of course, competition improves experience only as long as attention is focused primarily on the activity itself. If extrinsic goals—such as
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