Grit
The perseverance and passion for long-term goals, often seen as a key trait for success.
The perseverance and passion for long-term goals, often seen as a key trait for success.
The ability of a product or service to keep users engaged and returning over time, often measured by metrics such as retention rate.
The tendency of consumers to continuously purchase the same brand's products over time.
The practice of designing and implementing processes, systems, or business solutions in a way that ensures their long-term viability, efficiency, and maintainability.
The likelihood that a customer will continue to buy from a particular company or brand over time.
The value a brand adds to a product or service beyond the functional benefits, encompassing factors like brand awareness, perceived quality, and customer loyalty.
A professional responsible for defining the strategic direction of a product, ensuring it aligns with market needs and business objectives.
A cognitive bias where individuals give stronger weight to payoffs that are closer to the present time compared to those in the future.
The risk that the product will not be financially or strategically sustainable for the business, potentially leading to a lack of support or profitability.