No way, I am re-reading this book right now! It is a great book, I read it last year as I first starting learning about data analytics, now I am re-reading since I am going to start my job in data soon. Thank you for uploading content that focuses on topics such as data analytics.
My 3 minutes Story Yesterday when i was travelling by train i heard a person talking about mandroid and complaining its high transaction fee and long transaction time so, i thought what if i reduce my cut in exchange for letting app developers use their own payment processors?. We found that by reducing transction time and transction fee there was 35% rise in revenue and we gain 25% new users in span of 3months.
Great content that helped me to get more insights side by side reading the book by myself. I highly appreciate your hardwork brother. Cannot wait for the next part of this exclusive content from you.
Hello, hope you are well, If I may borrow a few minutes for a quick question? I was going through the technical analysis of our Mandroid project's transactions. It's the fact that we receive a 30% cut for transactions in our app store that impacts our revenue considerably. The reason is that many developers based on my analysis find our transactions expensive. If we offer a change in our profit segment says at 15%, we might confidently notice developers using their own payment processors allowing us to boost revenue. Would appreciate criticism !
Trying the 3min story challenge: As I was working on the annual cost benefit analysis of Mandroid’s app store, I questioned whether our current model was the most optimal one to maximize our revenue. I presumed that the 30% cut we get on transactions made up for the opportunity costs of not allowing customers to use non-Mandroid app stores. I looked into past data to find the number of potential customers who were about to make a transaction but didn’t because they were connected on our competitors’ stores. With this number i calculated the total revenue we lost, which I then compared to the actual revenue made over time. I tried different cut off rates to see at what point we’d be able to optimally reduce opportunity costs, increase customer base and maximize profits; I found that a 15% rate would allow us to achieve this.
I have a big presentation coming up and a few execs will be in the audience, so this video was super helpful, Shashank! P.S. Cole Knaflic also has a great podcast too! :D
The first 1,000 people to use the link or my code shashankkalanithi will get a 1 month free trial of Skillshare: skl.sh/shashankkalanithi04221
The seems to be an issue with the link at the moment.
Thank you so much for telling me this @Thando ! Ill get it fixed
No way, I am re-reading this book right now! It is a great book, I read it last year as I first starting learning about data analytics, now I am re-reading since I am going to start my job in data soon. Thank you for uploading content that focuses on topics such as data analytics.
Hi! Please how can I get the book?
I remember reading this book through your shot out on the Tableau tutorial! Great overview 🙌🏼
Best overview for this book! Waiting for part II!!
Never understood it better! Waiting for part 2 :)
My 3 minutes Story
Yesterday when i was travelling by train i heard a person talking about mandroid and complaining its high transaction fee and long transaction time so, i thought what if i reduce my cut in exchange for letting app developers use their own payment processors?. We found that by reducing transction time and transction fee there was 35% rise in revenue and we gain 25% new users in span of 3months.
I really love the format of video, I wait for the part 2
Great content that helped me to get more insights side by side reading the book by myself. I highly appreciate your hardwork brother. Cannot wait for the next part of this exclusive content from you.
I'm waiting for part 2 :) i started reading this book a while back but forgot about it, thank you for the video
Hello Shashank, waiting for the second chapter of this book overview!!!!
Thanks Shashank for video
It's a great help.
Keep up the good work
Loved it, Shashank. Thank you
Pl give examples of every situation so that it will be remembered forever.. 😊
great content , loved the visuals
Hello, hope you are well,
If I may borrow a few minutes for a quick question?
I was going through the technical analysis of our Mandroid project's transactions.
It's the fact that we receive a 30% cut for transactions in our app store that impacts our revenue considerably.
The reason is that many developers based on my analysis find our transactions expensive.
If we offer a change in our profit segment says at 15%,
we might confidently notice developers using their own payment processors allowing us to boost revenue.
Would appreciate criticism !
Like this video regardin storytelling data please more of this
Excellent video. Is there a part 2?
Smoogle sounds like it's copying Google! 💯
Very usefull
its been four weeks, where is the part 2 🙄🙄
what day is the chapter?
Make me your apprentice please.
👌🏾Loved this, I have the book, but had the time to read it. Please carry on... Can't wait for chapter 2.
I love this type of content. Short, concise and full of helpful information about great books. Please continue with this. Love your videos!
Love this video! Very helpful.
Excellent work brother! Solid video! Can’t wait for Chap2
Loving your work Shashank! Thanks a lot
Trying the 3min story challenge:
As I was working on the annual cost benefit analysis of Mandroid’s app store, I questioned whether our current model was the most optimal one to maximize our revenue. I presumed that the 30% cut we get on transactions made up for the opportunity costs of not allowing customers to use non-Mandroid app stores. I looked into past data to find the number of potential customers who were about to make a transaction but didn’t because they were connected on our competitors’ stores. With this number i calculated the total revenue we lost, which I then compared to the actual revenue made over time. I tried different cut off rates to see at what point we’d be able to optimally reduce opportunity costs, increase customer base and maximize profits; I found that a 15% rate would allow us to achieve this.
This is clean!
I recommend to include a separate video to show an example representing each chapter.
I just started reading the book and this chapter yesterday and today I come on youtube and I see your video about it. it's crazy
I really liked the this type of video! waiting for part 2!
Thank You Very Much😊
Need the part 2 of this video ....pls
that was really helpful
thanks a lot
I loved the video. Hope to see more.
Please upload part 2 😃
Great video
I have a big presentation coming up and a few execs will be in the audience, so this video was super helpful, Shashank!
P.S. Cole Knaflic also has a great podcast too! :D
1st
Love the book reviews you give. Helps me get the little things I may have missed out on. Thanks!