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It's introducing people to the service and acquiring market. Better prices come later.
by msane 10y ago
It's introducing people to the service and acquiring market. Better prices come later.
- dagw 10y agoBut will people continue to use Uber when the price goes up to market levels. Anecdotally, when Uber entered the market where I live they offered steep discounts and everybody I knew started to use them. Today they cost basically the same as most taxis and I don't know anybody who still primarily uses Uber.
- varjag 10y agoSounds like Groupon all over again.
- forgetsusername 10y ago>It's introducing people to the service and acquiring market. Better prices come later. You say this as if 75% of the reason people take Uber isn't price, and that one day Uber will simply be able to jack up all their prices and make money. Demand doesn't work that way.
- msane 10y agoDemand does work that way. Why does a drug dealer give free samples at first? ... Creating demand. What they will not have for long though is a monopoly on supply in India.
- deleted 10y ago[deleted]