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> I'm also wondering if there might be an untapped market to help people be prepared without keeping a lot of inventory themselves? Usually there is advance not
by unishark 7y ago
> I'm also wondering if there might be an untapped market to help people be prepared without keeping a lot of inventory themselves? Usually there is advance notice for a pandemic so you just want some assurance that someone can ship you something when it's time. This would avoid shortages by making it profitable to keep inventory.
This is an interesting idea, but you'd need to be really careful to avoid price-gouging laws (e.g. not accept any customers after the potential disaster begins). Even then the govt might still come after you if those products you keep for people cost significantly more then the local price.
- skybrian 7y agoWell, the idea would be that the option corresponds to a kit that's actually in stock somewhere, and you need to buy the option well in advance. The option would be to purchase the kit at regular price. If you don't need it, you could transfer the option to a charity. Maybe a medical distributor would be in the best position to do this; they could regularly replace and sell this extra inventory to keep it from getting too old.