20 min listen
Sunk cost and Opportunity Cost in E-commerce – how to recover from sunk cost bias
FromThe E-commerce Leader: Strategies For Shopify Store Owners
Sunk cost and Opportunity Cost in E-commerce – how to recover from sunk cost bias
FromThe E-commerce Leader: Strategies For Shopify Store Owners
ratings:
Length:
20 minutes
Released:
Dec 22, 2021
Format:
Podcast episode
Description
Some e-commerce business decisions have a big price to pay - and worse - they are not easily changed. One of the worst of these is called a Ladder Trap. In this episode we’ll define the concept, and help you with strategies to minimize the nasty / bad effects of this problematic situation.
Released:
Dec 22, 2021
Format:
Podcast episode
Titles in the series (100)
Pictures for Amazon Listing – How to Drive Profits AND Sales with Great Image Marketing: Intellectual property is a powerful form of property you should look to own in your ecommerce business. Intellectual property can be incredibly valuable. Intellectual property can have two powerful functions for our ecommerce businesses: It is both a p... by The E-commerce Leader: Strategies For Shopify Store Owners