Ruchi

a graph going up and then down showing law of diminishing returns

Application of Law of Diminishing Returns in Business and Real Life, Unraveling The Mystery!

Laws are a part of life and majorly they bring discipline! But when it comes to studying them, it almost feels like a googly (cricket vibes!). When I first read about ‘Law of returns’ in my Economics class at school, I loved it! Partially, it was because it involved a lot of numbers and calculations […]

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a magnifying glass magnifying the word search and a bubble saying market gap?

Finding Gaps in the Market, Safe Guide to Identifying a Business Idea!

Gaps are meant to be filled! In the business world, finding that market gap is almost as good as a lifetime achievement award literally. Market gaps for unique products or services are the goldmine for prospective businesses and if you pick your business strategy wisely then nothing can stop you from becoming the next unicorn

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Thought bubbles representing confused decision making leading to sunk cost fallacy.

Sunk Cost Fallacy: A Theory That Applies to Business and Relationships Too!

Ever came across a situation where you knew there’s no future but still you kept putting in your time and efforts? Sounds so foolish! But more often than not we all have committed this error in judgement, simply because we felt it was too late to redo the decision! All credit behind this goes to

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an elephant pulling a Fevicol tub

Fevicol’s Marketing Strategy: Hidden Insights That Are Worth Noting and Applying

Real life marketing strategies of brands are sometimes a masterclass on their own! One brand that always created such wonderful digital campaigns that are still memorable is Fevicol! Their commercial ads and social media campaigns often become the talk of the town. When I saw one of their ads on TV (a funny sofa based

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a scale showing why a decision was chosen and it had more weights, the one on other end represents opportunity cost.

Who Knew Opportunity Cost Theory Applies in Daily Lives and Business Decision Making!

Heavy duty technical theories making a practical appearance in daily life? Sounds so nightmarish! But it’s actually super interesting. While reading about this Economics theory in my senior secondary school days, I thought it’s just another interesting concept. But it was only after a few years did I realise that I had started applying this

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Parul Gulati of Nish Hair at Shark Tank

A Marketing Masterclass: Nish Hair’s Marketing Strategy is Pure Gold!

All business lessons are incomplete without reference to real world case studies! But some of them are literally a snooze fest! Hey! No offence, but often business case studies are outdated, boring, using same age old tactics and not to forget many of them sound too good to be true. After reading at least a

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Different types of sale boards

50% Discount! How Do Brands Manage This Magic of Offering Heavy Discounts?

Love shopping? Then the ‘SALE’ period must be your favourite time! As soon as you notice that favourite product sitting since forever in your wishlist getting a price drop, you run faster than Usain Bolt to grab it before someone else buys it! Result? You get super happy because you are now a proud owner

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one business idea amongst many ideas

How to Know if Your Business Idea Will Work? A Safe Bet: Blue Ocean Strategy!

“Wow! My business idea is the next unicorn in the making!” Ever enjoyed this surreal feeling? But then comes in the doubts, because not every idea works (in fact the majority don’t!). Next in line is the most important thing, you take a bet on the business idea, because the best business ideas are always

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