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It's an interesting business model I think. They produce IP (researching and producing very clear instructions for fixes) and manage supply chain (trusted repl
by zxcmx 6y ago
It's an interesting business model I think.
They produce IP (researching and producing very clear instructions for fixes) and manage supply chain (trusted replacement parts & tools, worth more vs aliexpress equivalents because they endorse them).
The things they make money off are largely substitutable. Their value add (well deserved IMHO) is trust.
- segfaultbuserr 6y agoThe network effect is also at play here. It's a community-oriented operation, in a sense it's similar to GitHub or Wikipedia - their repair guides are actually on an open wiki that everyone can edit, and users have contributed a lot of guide as well, and nearly everything is licensed under CC BY-NC-SA 3.0.
- Bayart 6y agoDon't underestimate the value of consistency. If I buy an iFixit toolkit I can be fairly confident that there won't be wobbly bits, oddly creaking plastic, the grip will be the same across the board and that the steel will be of reasonable quality.
- throw0101a 6y ago> It's an interesting business model I think. Don't look for gold yourself: sell the camping supplies and pickaxes to the prospectors looking for gold. * https://www.flexport.com/blog/trade-merchants-rich-california-gold-rush/ https://www.flexport.com/blog/trade-merchants-rich-californi...