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You may avoid it, but hundreds of millions don't, so the point stands. "Cheap crap" is obviously one possible way to go, and companies like Walmart have grown v
by arbuge 6y ago
You may avoid it, but hundreds of millions don't, so the point stands. "Cheap crap" is obviously one possible way to go, and companies like Walmart have grown very successful that way.
- bryanrasmussen 6y agoare there hundreds of millions of enterprise customers for your SAAS product?
- dubcanada 6y agoSometimes shooting for enterprise customers doesn't work. Some products need the little guy to survive, not global international enterprise companies.
- rootusrootus 6y agoMany people are totally fine with buying cheap crap. As long as they know that going in, that's great. Walmart is indicating with their prices that they're offering lower quality merchandise, which many people find acceptable because the cost is lower. It's honest.
- pfranz 6y agoI think a lot of people overvalue what they think they need--basically YAGNI. There is a bit of once burnt, twice shy. I learned when first moving out to go to the dollar store to fill my apartment; bathroom trash can, shower curtain rings, kitchen cups/plates, toilet brush. Then upgrade what doesn't work (paper-thin shower curtains will billow with the steam and stick to you). It wasn't as wasteful as I had expected and I saved a lot of money compared to just buying everything from the average retail store. Even Wal-Mart plays on this by stocking name brands here and there.