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I know this was sarcastic but under certain circumstances that is the most rational business decision. Suppose you can't cost effectively change your product relative to the incremental margin that you'd generate. One example might be a pharma drug that is no longer the standard treatment. You need to figure out the now niche community that prefers to prescribe your drug and the niche use cases to prolong your cash flows. This would also apply if you operate in an obsolescencing market, like one that was primarily relevant in a pandemic. It may be more efficient to invest in places other than product redesign if your entire infrastructure is built on the manufacture and delivery of something with shrinking demand. That might take on the form of finding new audiences for marketing versus product development.
So if your product is overpriced and outdated, you just start a new community… got it ✅.
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Such a helpful resource in professional practice to know "How to Say..."
I am so excited these dropped today! I met Gorick when he spoke at the WorldStrides event in Washington, DC. These flashcards are incredibly helpful regardless of your level in your profession. The flashcards have helpful fill in-the-blank templates that can be used in professional situations. Get your own "How to Say It" deck on the Kickstarter now via the link below: https://lnkd.in/gQjWN4in. Thanks, Gorick! https://lnkd.in/ghyHmnCi.
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How to Create an Effective and Streamlined Strike Zone. To Check out the full Video Check Out Our Free Community. Link Pinned To The Top
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We know video is effective for community support. That includes *constituent* support. Here's how to make it personal.
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We know video is effective for community support. That includes *constituent* support. Here's how to make it personal.
How To Make a Political Campaign Video for Personalized Outreach and Fundraising | Idomoo Personalized Video
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I just created a blog to record what I have learned and what I have accomplished, in order to retain my knowledge and share it with the community. here is the link: tylertran.click
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Is one of your new years resolutions to be better with money? What are you doing Tuesday night, can you get to Bill Chill in Kings Cross? The brilliant RiseUp have invited me to thier first community drinks of the year. It's an informal chat about how you can better think about your finances and I'll be shaping the comversation around your habits and how they affect how you spend (or save). There is no selling just chatting and nice Tuesday night out. See you there. https://lnkd.in/eJp7c5T5
Community Drinks with Michael Hubbard · Luma
lu.ma
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It’s so easy to level up how you manage volunteer and mission endeavors. Our tool was built for that and you can use it for FREE. Here are the 3 steps to a better way to serve!
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When you get a call from HazardCall, you know that it is for YOUR location! Hear how one community helps keep its residents informed! LEARN MORE about HazardCall: bit.ly/HazardCall_1
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Getting more clarity on the membership community I'm building for founders Where is the clarity coming from? Calls with potential members Friendly reminder to talk to your customers
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