The way companies hang on to their marketshare is by being scared.
All of the business of selling apps and selling subscriptions is extremely cruelly misunderstood, including by me.
Customers should complain more. You know, food's expensive nowadays. And these sommeliers come along with their thousand-page wine list and practically throw it in your lap. They're all businessmen and know that customers get intimidated and buy something overpriced. I say, always put them on the spot. 'You come back to me with a red wine at $30, $40. Come back to me with a choice.'
In Hong Kong, the property business has always been very competitive, so we have to think of ways to get an edge over our competitors.
Micropayments are great if you use them for a product or service with certain properties. It must be one where you can get away with usage-based pricing, and where there is a strong rationale for making it cheap, yet not free.
At its core, all authentic growth depends on more customers wanting more of what your company offers. Any other drivers - pricing gimmicks, heroic marketing efforts, forced acquisitions - are ultimately destructive.
The goal of an ISP or a broadband provider is to get as many subscribers as possible. It's not to try to annihilate consumer interests.
This is the truth: I'm into sales. I love deals. I'm definitely a sucker for steals.
Uber has an information advantage, a computational advantage. There's massive structural advantages to the player who's smartest about how to deploy cars, where to deploy cars, how to adjust pricing dynamics, how to ensure supply of drivers - the party that understands best the behavior of riders.
Not long ago, the term 'business model' was not exactly on the tip of everyone's tongue. Then, in the early to mid-1990s, 'business model' became a catchphrase that described how a company makes money or saves money.
It's business, selling comics, you work out what sells and you don't want to muck about with it too much.
Marketing is a major headache for farmers.
A bar is a factory, a marketing organization, and a service organization all in one.
The jewelry business is a very, very tough business - tougher than the computer business. You truly have to understand how to take care of your customers.
I think right now the jury is out on where and how much profit is available in the consumer electronics industry, because if you look at the current consumer electronics players, the biggest ones on the planet struggle to make profit consistently.
It's whatever sells; it's the business of it.
The only thing you've ever run is a magazine you inherited, and you raised the price of that.
Debating the presidential qualifications of Malcolm S. (Steve) Forbes Jr.:
You can't be in a certain business and not sell to Amazon or not sell to Wal-Mart. You have to reckon with them, because even though there are other buyers, they're the only buyers that matter.
Whether you're selling soft drinks, snack foods or a sport, all good marketers know it is important for every single person to want to buy their product.
One in five of our customers books for business. But it's scaling very fast. As a result, we have tools for medium or small-sized companies to allow them set their price and give basic reporting functionality.
The TV business is like the produce section of the market. Today everything is fresh and glistening and firm. And tomorrow, when they find a bruise on you, they toss you out.