2 ms·
The market populations are not so bifurcated as you are laying out here. In the knock off market, Some consumers will continue to buy the name brand good. But m
by tschwimmer 8y ago
The market populations are not so bifurcated as you are laying out here. In the knock off market, Some consumers will continue to buy the name brand good. But many others (dare I say most) who are less affluent or care less will move over to the knockoff. Since the knockoff isn’t means tested or restricted, the risk of losing customers is very real.
- jacobwilliamroy 8y agoDo you mean most people who consume a brand name product will switch to a knockoff? Or most people who consume a brand name product and are less affluent/care less will switch to a knockoff? The sentence structure is unclear.
- tschwimmer 8y agoSome of the people consuming a name brand product in a market without alternatives will switch over to the knockoff if it comes to market.