Hi everyone. Welcome back after 60 days break which I took by decision not because I could not do any videos. Taking a break was important to analyse and introspect on how the season 2 or version 2.0 could be done better & more interesting.
Today videos let me start with an interesting questing
If you run a business or head a company, what would u choose?
1. A product or category which does high turnover / sales with low margin or less turnover /sales with high margin?
2. Do you know how to compare 2 or more different products category or 2 or moredifferent business and tell which is better than another?
Well the answer is not simple. But I have a solution for your. Lets say a magic formula by which we can tell which is the best product or best business to deal with.
The concept is called GMROI.
In this video we will see
1. Why GMROI is required?
2. How to calculate GMROI?
3. What to do to increase GMROI?