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opportunity cost: Internet Marketing and Opportunity Cost – Connecting The Dots - 09/27/07 11:43 AM
If you lose something that you never knew existed in the first place, what have you lost? And how will you ever know that you lost it?If a potential client or buyer doesn’t connect with you because they don’t know you’re there, what have you and they lost?
These situations illustrate Opportunity Costs - measured by the lost revenue and profit resulting from inaction. We incur those costs by NOT seizing on a situation, an event, an opportunity.I call it the cost of What If? What if I had done…? Would it have led me to seize an opportunity that I … (6 comments)

 

Bill Leider

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