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Well, yeah, you're probably not going to sell many Lamborghinis there (other than to the elites you mention). On the other hand, Coca-Cola has a presence in Bo
by Turing_Machine 5y ago
Well, yeah, you're probably not going to sell many Lamborghinis there (other than to the elites you mention).
On the other hand, Coca-Cola has a presence in Bolivia, and apparently controls about 60% of the Bolivian market.
With 11 million people, that's gotta be a nice piece of change.
If what you're selling is closer in price to a Coke than a Lambo, you probably shouldn't write Bolivia off.
- lelanthran 5y ago> If what you're selling is closer in price to a Coke than a Lambo, you probably shouldn't write Bolivia off. If what you're selling is BOTH: a) closer in price to a Coke than a Lambo and b) closer in demand to a Coke than a Lambo Then, sure, you shouldn't write it off. However, if you're selling stock-trading software, even for the price of a coke, you might not make enough money back to justify supporting Bolivia. Cokes, even in poor countries, are still purchased by tens of millions of people at least once a month. Selling a similarly priced item that may be purchased by a few hundred people at most is not the same thing as Coke.
- dudeman13 5y agoIf what you are selling has to be 1/20 as ubiquitous as Coke to be viable, you are already killing off approximately all business ideas.