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Tag: profitable

Once ridiculed, now profitable – check out these startups

Stephanie Frost and Hanna Lutz just came home from university when they founded their startup Vostel in 2015. Frost had studied business administration, Lutz Stadtplanung. The Berliners originally wanted to open a sustainable hostel where tourists can volunteer. The concept did not work. Instead, the founding duo started a platform…

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Big items with small prices: Amazon declares war on unprofitable products

The largest online store in the world has tired of not taking advantage of some products. Hence, Amazon has begun to change its strategy to get those economic items where the margin is not enough, they become a little more profitable to not have to remove them from their catalog.…

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