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I’m not aware of any industries where competitors charge 25-50% of the price of their main competitor. Perhaps temporarily, but search has been stagnant for 5-
by prepend 5y ago
I’m not aware of any industries where competitors charge 25-50% of the price of their main competitor.
Perhaps temporarily, but search has been stagnant for 5-10 years.
- rvba 5y agoGoogle search seems to have regressed in quality. I guess those various people need to prove that they are needed so they make changes for the sake of doing something.. and quality of the product declines.
- makeitdouble 5y agoIt happens on most industries where there is a de facto standard. MS Windows alternatives cost way less down to 0. Photoshop competitors also are cheaper. Same for Word competitors, GoPro alternatives etc.
- throwaway2048 5y agoThose have one commonality, they are all software platforms that are practical monopolies on their space.
- mupuff1234 5y agoIt's actually hard for me to think of any consumer driven industry where that isn't the case: cars, fashion, fitness & tech all have brands that come with a significant premium.
- sofixa 5y agoISPs and mobile network providers? On the French market Orange (the former state monopoly) is usually 25%-50% more expensive, with less features, slightly better coverage (for mobile networks) and "enterprise support" than the 3 other competitors. Having them as an ISP makes absolutely zero sense - no IPv6, IPv4 gets rotated daily, shit hardware. They have time limited exclusivity for some places (e.g. if they put down fiber in a city, they have exclusivity over the network for 2-3 years and then anyone can use it), but that really doesn't explain their market share.
- penteract 5y ago25%-50% more expensive means that competitors are charging 66%-80% of the price.
- Jensson 5y ago> I’m not aware of any industries where competitors charge 25-50% of the price of their main competitor. Alternative smartphone app stores charges way less than 25-50% of Google or Apple. You need to compare electronic markets with electronic markets like this, and the big players tend to take out extremely high fees in those areas. Although, I agree that charging high fees in these areas is a problem and should be fixed, but it isn't like this sort of thing is uncommon. Edit: As an example, Apple takes 30% cut. A competitor taking 7.5% cut would cost 25% of Apples app store.
- hnaccount_rng 5y agoAny kind of hardware tools? Furniture? I’m pretty sure I can come up with more examples if I’m thinking about it. But those just came immediately to mind