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To me what makes them like big tech is way overcharging for something that has a nominal cost to them, on the basis of "value produced".
by Workaccount2 4y ago
To me what makes them like big tech is way overcharging for something that has a nominal cost to them, on the basis of "value produced".
- stingraycharles 4y agoValue-based pricing really is something much bigger than just “big tech”, and is actually something every business owner should do. I’m surprised to find a comment against value based pricing on HN to be honest.
- Workaccount2 4y agoImagine plumbers used value based pricing.
- alonmower 4y agoThey do, at least to the degree they can, while not being outcompeted by other plumbers. Source: one just quoted me 350 to swap out a faucet
- bogwog 4y agoHow do you build a business if you sell your products/services at cost?
- Workaccount2 4y agoThe cost of everything tech is grossly inflated. Look at Amazon, they make an absolute killing with AWS. It's just fat margins all over. Google and MS price competitively with AWS and happily make a killing too. Sooner or later though, someone is going to come along and say "You know, I'd be fine with a 5% profit margin" and the house of cards will fall while the tech bros cry "value" the whole way down. You could trick yourself into thinking a sharpie is worth $40/mo if you drink enough of the "value" coolaid.