Why Are You Paying 400% More for "Ordinary" Coffee? - Premium Mediocre Marketing, or the Mechanism That Spends Your Budget in Silence
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Principle of the day
Build–measure–learn loop
Build an experiment, measure behavior, learn, and decide whether to persevere, pivot or stop.
Quote of the daymindset
I’d rather be optimistic and wrong than pessimistic and right.
Quote of the daydemand creation
In blue oceans, demand is created rather than fought over.
Principle of the day
Social proof
Under uncertainty, people observe others’ behavior; social proof must be truthful, current and relevant to the audience.
Quote of the dayleadership
Patience is a virtue, and I’m learning patience. It’s a tough lesson.
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