Chapter
Improving Product Formulas for Better Repeat Purchase Rates
30:11 - 34:18 (04:06)
The guest speaker discusses how a small, subtle change in a product formula can lead to better repeat purchase rates. By monitoring cohorts and reviews, businesses can understand the impact of slight formula changes on the product's success.
Clips
The speaker discusses how even small changes to a product formula can significantly improve repeat purchase rates, by monitoring reviews and adjusting the formula based on customer feedback.
30:11 - 33:39 (03:27)
Marketing
Summary
The speaker discusses how even small changes to a product formula can significantly improve repeat purchase rates, by monitoring reviews and adjusting the formula based on customer feedback.
ChapterImproving Product Formulas for Better Repeat Purchase Rates
EpisodeGreatest Hits #2 - How to Build a $100 Million Deodorant Business Starting With Only $1,000
PodcastMy First Million
My First Million, a podcast about entrepreneurship and making money, believes in building a business that makes money for everyone involved.
33:39 - 34:18 (00:38)
Entrepreneurship
Summary
My First Million, a podcast about entrepreneurship and making money, believes in building a business that makes money for everyone involved. The podcast provides insights into how to create amazing products that customers will love, which in turn will generate revenue.