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There are examples of markets being disrupted from the top. The iPod is a notable example. It started at a very high price, then dropped into the range where it
by wooster 15y ago
There are examples of markets being disrupted from the top. The iPod is a notable example. It started at a very high price, then dropped into the range where it has become ubiquitous.
The trick seems to be that the company who establishes a high-price and high-margin product needs to be willing to cannibalize their own sales with lower priced offerings.