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Why can't you build a business around selling "industrial-scale" artsy/customizable stuff? In a different context, someone made a great point that your first m
by treis 5y ago
Why can't you build a business around selling "industrial-scale" artsy/customizable stuff?
In a different context, someone made a great point that your first million users don't necessarily need to be included in your next 20 million. Maybe Etsy has or will cycle through all their early buyers & sellers. But that doesn't matter if the group cycling in is more valuable.
- Nextgrid 5y ago> Why can't you build a business around selling "industrial-scale" artsy/customizable stuff? That's essentially what old-school furniture & home stores do. There's nothing wrong with that but I think that market is already at capacity, competition is fierce and margins are low. I also suspect that a lot of the industrial-scale producers & copycats use the artisans as their R&D department and only copy their successful designs. In this case, the innovation still comes from the small-scale independent sellers, which if they are driven off the platform would eventually kill off the industrial-scale sellers and copycats as they'd no longer have anything to copy (and designing in-house might make them unprofitable).
- treis 5y ago>That's essentially what old-school furniture & home stores do. There's nothing wrong with that but I think that market is already at capacity, competition is fierce and margins are low. Eh, I can't think of a directly comparable site. The closest would be something like Pier 1, but there's no customization there and it's all sold by Pier 1.