The TikTok of Ecommerce and Nudge Notes

Nudge Notes

Charlie Munger once said, “tell me the incentive structure and I will tell you the results”. Decision-making expert, Anne Duke, highlights how incentives or “nudges” impact all of our decisions. Interesting read on understanding behavioral sciences and why we make the decisions we do. 
 

Author: Anne Duke.     Read: 7 min 

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Shein: The TikTok of Ecommerce

Shein (pronounced She In) is the fastest-growing eCommerce company in the world. It reportedly did almost $10 billion in revenue in 2020 and has grown over 100% for each of the past eight years. The company is based in China, yet spurns its local market in favor of selling abroad. A recent feature by data analytics firm Apptopia concluded that “Shein is so far ahead of its direct (fashion industry) competitors that it’s difficult to even compare them.” This article is going to uncover most of what could be found on the company, its backstory, growth, strategy, challenges, and future. 

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Author: Not Boring by Packy McCormick   Read: 10 min.

The Future of Water is … Sewage?

Treating sewage is a cost-effective way to make tap water. But can Americans get over the yuck factor?

Your dog loves drinking out of the toilet, why shouldn’t you? Well, you actually can with some added filtration steps. In an op-ed for Bloomberg, Vanderbilt professor Amanda Little pushes for the US to get on board with recycled sewage, sometimes called “toilet to tap.”

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Author: The Hustle  Read: 5 min.

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Sunday Bonus: World’s Largest Iceberg, ‘A-76’ Breaks Off Antarctica, It Is Nearly Three Times The Size Of Delhi

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