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It’s only a plus for the customer in the short term. It kills the companies doing innovation and optimizing the products. Sure it makes the current crop of prod
by mint2 5y ago
It’s only a plus for the customer in the short term. It kills the companies doing innovation and optimizing the products. Sure it makes the current crop of products cheaper (and lower quality bc Amazon basics often mimic the top product but with cheaper parts) but it puts the innovators out of business. Amazon is too big to care about innovating on small products and too big to do it well if even if they did.
- Imnimo 5y agoIf the companies being copied don't have patents on the products, are they really innovating?
- triactual 5y agoThey are not. They are rent-seeking. If you didn’t convince your customers of your brand value or at leadt get a patent, you probably didn’t innovate and thus a free economy makes you vulnerable to competition from more efficient businesses. Surprise! The consumer benefits and the rent-seeker has to try something else.
- deleted 5y ago[deleted]