Flow before Friction & Excellent Customer Experience (with Ryan Daniel Moran) Pt.2 - July '21 | Ep 460
The Game with Alex Hormozi
The Dynamics of Demand and Pricing
This chapter explores the relationship between supply and demand in business, emphasizing how stimulating demand can enhance pricing strategies and profitability. Through engaging narratives and analogies, it underscores the value of creating a 'ravenous customer' and the strategic use of scarcity in e-commerce. Additionally, the chapter highlights the significance of community and relationships in fostering business growth while drawing parallels between online business figures and musical icons.
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