Yug Jain (@yugcurates) - Deepstash

Yug Jain

@yugcurates

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And when in doubt, it’s better not to mess with these systems. Starting a war to implement democracies is an example of messing with a complex system.

Clueless politicians compare a local dictator not with the local alternatives but with a Norwegian prime minister.

These people keep staying at their jobs even their reckless decisions because they don’t have skin in the game. Nobody paid anything for the Iraqi invasion or for supporting “Arab spring” failed uprisings.

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Understanding LEDs

LED stands for “light-emitting diode”

These tiny gadgets emit light when a current passes through them.

LEDs are tiny diodes, and a combination of LEDs makes a display. There are different types of LED displays available including, OLEDs, mini-LEDs, micro-LEDs, etc.

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70% of companies say it’s cheaper to retain a customer than acquire a new one. The old rule of thumb says it costs 5 times more to acquire a new customer than it did to retain one.

Engaged consumers buy 90% more frequently, spend 60% more per transaction, and are five times more likely to indicate it is the only brand they would purchase in the future.

Doing the right thing at the right time can help retain customers.

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Why do customers churn?

Price: Asking customers to pay top dollar for a product, especially if they aren’t experiencing the value to make it worth it can quickly wear thin with decision-makers.

Product: many times, customers purchase a product based on what it can do to make their lives easier. If this product isn’t living up to expectations, or if promised features aren’t being delivered, the customer will churn.

Competition: if you’re a SaaS firm, there will always be someone out there delivering the same thing and if their product becomes too appealing, there is often little you can do to pull them back.

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