I hope you’re having an amazing day!
Here are the three articles that caught my eye!
I love you all!
P.S. Some tips on how to overcome the obstacles you’re facing in your life.
Stay at home workout
Go outside for a walk.
Or stretch for 20 minutes before you go to bed.
When you aim for the luxury market or your product is considered luxurious, people will buy them (eg: Lululemon, Apple, Trader Joes etc).
The same idea applies if you’re a condo/apartment builder. You want the luxurious grocery store to anchor your building.
The winner in the US?
It’s not Trader Joes.
Margins = profit
Here’s a quiz:
Do you buy the small ($4), medium ($4.25) or large popcorn ($4.50)?
You’d buy the large. Why? Because your brain says “it’s only $0.50. And it’s a bargain.”)
The same idea applies to video game consoles:
NB. It’s an interesting tale of supply chain, components and consumer psychology. I promise it’ll make you a better shopper after you read it.
Pick one. Or three. Mostly three.
Technology’s impact on the entertainment world?
When a company decides to bundle their TV, video and music service into one:
NB. I’m not a big fan of the bundle because I love picking the service I want to subscribe to (eg: I’d rather subscribe to AppleTV instead of the rest).