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Are they paying people $14 to then in turn purchase an $11 shoe? Why can't I just keep the $14?
by jgalt212 5y ago
Are they paying people $14 to then in turn purchase an $11 shoe? Why can't I just keep the $14?
- joshuamorton 5y agoThey're paying 14 to get people to purchase a 25 dollar shoe. Profit is after Cost of revenue.
- RC_ITR 5y agoMore accurately, they’re paying people $14 to buy a $20 shoe that cost $9 to make. And they’re not just “keeping the money” because they’re hoping to be valued on a revenue multiple.