Amazon does a great job of selling generic items. Generic businesses tend to have generic margins that reflect the general market. Unique businesses tend to have margins that are higher than the general market. What type of product or service does your business offer? If it’s generic hopefully your business is the market leader otherwise you better get work on figuring out how to be unique and generate higher margins.
Click here to watch this episode on YouTube
Facebook: http://bit.ly/2ntaWI7
LinkedIn: www.linkedin.com/in/gallagherdylan
Link used in today's vlog:
https://www.bloomberg.com/gadfly/articles/2017-10-02/amazon-apparel-is-too-basic-for-its-fashion-ambitions
"music by Joakim Karud https://soundcloud.com/joakimkarud"
Questions #entrepreneurs ask - 07/17/2019
Questions #entrepreneurs ask - 07/10/2019
Questions #entrepreneurs ask - 07/03/2019
Questions #entrepreneurs ask - 06/26/2019
Questions #entrepreneurs ask - 06/19/2019
Questions #entrepreneurs ask - 06/12/2019
Questions #entrepreneurs ask - 06/05/2019
Questions #entrepreneurs ask - 05/29/2019
Questions #entrepreneurs ask - 05/22/2019
Questions #entrepreneurs ask - 05/15/2019
Questions #entrepreneurs ask - 05/08/2019
Questions #entrepreneurs ask - 05/01/2019
Questions #entrepreneurs ask - 04/24/2019
Bankruptcy, Receivership and Creditor Proposals
1 opportunity overlooked by (almost) every entrepreneur
The Secret To Every Great Business
Why money isn't the answer
How to unlock the value found in your financial statements
1 phrase every entrepreneur has said (or will)
1 mistake every entrepreneur is guaranteed to make
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
Habits and Hustle