Effective cost cutting can be the difference between staying in business and going bankrupt. So, where do you start? You should NOT start by cutting advertising or marketing expenses if your...
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The lifetime value (LTV) of a customer is the total amount of revenue generated from that customer (ever). For example, if a pet owner moves to your local area, visits your veterinary practice 15...
The Lahaina Fire: $3+ Billion in Property Damage, Over 100 Dead, and an Incompetent Local Government
Last month, the median home price in Lahaina was just over $1 million. This month, half of those homes (almost 2,000) were destroyed or damaged in a wildfire that caused over $3 billion in...
1. Gas stations Most people won't go out of their way to go to a particular gas station if there is a closer, more convenient gas station. In fact, most people won't even turn around to go to a...
Last week, Biden used emergency powers to ban U.S. investors from investing in Chinese quantum computing and computer chip manufacturing companies. The full scope of the ban still has to be fleshed...
Below is a list of 59 different examples of consumer discretionary services. Many of these have average order values over $100. 1. Photography Professional portrait photography, couples'...