8 ms·
20+ year entrepreneur here - I now evaluate every new product I create based on expected pricing and margins. If I don’t expect to have the highest margin pro
by orasis 8y ago
20+ year entrepreneur here - I now evaluate every new product I create based on expected pricing and margins.
If I don’t expect to have the highest margin product in the category I won’t launch it.
Why? Because ad prices reflect the margins of the top company and its winner takes all.