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You are not taking in consideration that poor countries have high inequality and disproportionally rich people at the top. So no, that's not correct.
by partycoder 10y ago
You are not taking in consideration that poor countries have high inequality and disproportionally rich people at the top. So no, that's not correct.
- handedness 10y agoI'm taking exactly that into consideration–Nigeria has a sizable population, but very few people who can actually buy expensive consumer goods from western countries. So the odds are even more likely that orders are fraudulent. This isn't a country with a giant middle class.
- partycoder 10y agoThose few are actually in the order of hundreds of thousands if not millions. You are talking about a 173 million people country. If only 1% of 173 million had a western-like middle-class+ purchasing power, that gives you? 1.73 million. A lot of people you can do business with. Like 4x that of Luxembourg.
- st3v3r 10y agoYou are also not taking into consideration that I, quite frankly, do not have the time or expertise to vet everyone who tries to buy something from me.