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Why Do App Developers Still Live with Their Moms?

Harvard Business Review

They received acclaim and took meetings with heavyweights at industry conferences. In this way, the industry parallels drug dealing. Steven Levitt and Stephen Dubner note that most street-level drug dealers earn modest wages at best — they may neglect their schoolwork, and some take straight jobs in addition to make ends meet.

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Can Chinese Smartphone Darling Xiaomi Compete in Western Markets?

Harvard Business Review

Led by its Steve Jobs-inspired CEO Lei Jun, the company has experienced breakneck speed since its first smartphone launch in October 2011. In the words of Harvard Business School marketing professor Theodore Levitt, “ People don’t want to buy a quarter-inch drill. They want a quarter-inch hole! ”.

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Pricing Strategy: Pricking the Veil of Value Exchange

Strategy Driven

The marketing orientation focuses the purpose of the firm towards serving customer needs profitably – an orientation supported by the late greats Peter Drucker and Theodore Levitt. Overall pricing strategy challenges arise in considering the actions of the firm in the context of its industrial environment and its strategic resources.

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