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The buisness model is often to buy a good or service and then sell it for a higher price. Customers might pay for human hours, or explicitly want the work to be
by z3t4 7y ago
The buisness model is often to buy a good or service and then sell it for a higher price. Customers might pay for human hours, or explicitly want the work to be manual. Then it would be wrong to charge 10 hours for something that only took 1 hour. And the market/demand might not be big enough for 10x output.
- btbuildem 7y agoWe're not talking about bespoke loafer stitching, more like menial and mind-numbing excel sheet collation or something of the sort.
- sokoloff 7y agoI think a lot of engineers make the mistake of thinking that "cost-plus" is the most appropriate way to price a product/service. Do I care whether Dunkin makes a nickel or $0.75 on the donut they sell me? No. Is it "unfair" for them to have 4x margins on donuts? No. Relatively few services are sold by the hour. Most spreadsheet mining is done for the value derived, not for the human labor input.