5 ms·

Everyone is ignoring the low-end of the market.

by xiaoma 10y ago

csdreamer7 10y ago
Low end of what market? Propose an idea.
- deleted 10y ago
  [deleted]
- xiaoma 10y ago
  I was just answering the OP. With all these downvotes for that I have nothing more to say.
  - goshx 10y ago
    Sorry but I have no idea who you are or what you are talking about. What kind of market are you referring to?
    - deleted 10y ago
      [deleted]
  - csdreamer7 10y ago
    You gave a very vague, short answer to something that really needed a better answer. A story the poor are dealing with. A volume market possibility you were hoping someone would supply. The downvotes are deserved. You could always give a good paragraph answer that everyone else is contributing to this otherwise excellent post. Maybe the downvotes would disappear.
    - farm_code 10y ago
      http://www.thebopstrategy.com http://www.thebopstrategy.com
MaxLegroom 10y ago
Do you have something specific in mind, regarding the low-end of the market? Maybe a couple of examples? I'm really interested in understanding what you mean.
conductr 10y ago
Without being P.C., I have to assume you mean poor people. And TBH, I've had the thought that there must be some big opportunity out there to address for that segment. But I have no idea what it might be. I feel they live very differently and would spread ideas among their network when some app/service helped their live (cheaper, easier). I have some friends and family that fit into this mold and it's obvious they have a different thought process when making financial choices, even simple ones like shopping for groceries, and they depend on things that >=average earners don't. And, it seems most of them have smart phones these days. So it's probably only a matter of time before something hits big with this group. Most apps are for what many would say are "rich people." You pay someone to drive you? You pay someone to run your errands? You pay extra for grocery delivery? Eating out is expensive enough, you paid extra to have it delivered? It's for people who can afford convenience. Opportunity cost is not a real thing for poor people because they lack opportunity.
bbcbasic 10y ago
Except all those budget supermarkets, clothes stores, ebay, uber to some extent etc etc.

Everyone is ignoring the low-end of the market.

by xiaoma 10y ago

Everyone is ignoring the low-end of the market.

csdreamer7 10y ago

Low end of what market? Propose an idea.

deleted 10y ago
[deleted]
xiaoma 10y ago
I was just answering the OP. With all these downvotes for that I have nothing more to say.
- goshx 10y ago
  Sorry but I have no idea who you are or what you are talking about. What kind of market are you referring to?
  - deleted 10y ago
    [deleted]
- csdreamer7 10y ago
  You gave a very vague, short answer to something that really needed a better answer. A story the poor are dealing with. A volume market possibility you were hoping someone would supply. The downvotes are deserved. You could always give a good paragraph answer that everyone else is contributing to this otherwise excellent post. Maybe the downvotes would disappear.
  - farm_code 10y ago
    http://www.thebopstrategy.com http://www.thebopstrategy.com

MaxLegroom 10y ago

Do you have something specific in mind, regarding the low-end of the market? Maybe a couple of examples? I'm really interested in understanding what you mean.

conductr 10y ago

Without being P.C., I have to assume you mean poor people. And TBH, I've had the thought that there must be some big opportunity out there to address for that segment. But I have no idea what it might be. I feel they live very differently and would spread ideas among their network when some app/service helped their live (cheaper, easier). I have some friends and family that fit into this mold and it's obvious they have a different thought process when making financial choices, even simple ones like shopping for groceries, and they depend on things that >=average earners don't. And, it seems most of them have smart phones these days. So it's probably only a matter of time before something hits big with this group. Most apps are for what many would say are "rich people." You pay someone to drive you? You pay someone to run your errands? You pay extra for grocery delivery? Eating out is expensive enough, you paid extra to have it delivered? It's for people who can afford convenience. Opportunity cost is not a real thing for poor people because they lack opportunity.

bbcbasic 10y ago

Except all those budget supermarkets, clothes stores, ebay, uber to some extent etc etc.