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“Lose money on every sale but make it up on volume” is not a sustainable business model.
by rlanday 6y ago
“Lose money on every sale but make it up on volume” is not a sustainable business model.
- product50 6y agoOh please. Once you have very high volume and strong market share you can gradually increase prices to improve profitability.
- rlanday 6y agoHow much higher can Uber’s volume get? They will probably never exceed the volume they were seeing a few months ago and they still managed to lose $8.5 billion last year. How in the world do you increase prices by that much without losing most of your customers? Unfortunately in the age of coronavirus, the irrational exuberance is gone now.