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> Even in your DVD store example a competing DVD store or streaming service could offer you a sign up bonus or discount if you could prove you had €5 or more cr
by GTP 4y ago
> Even in your DVD store example a competing DVD store or streaming service could offer you a sign up bonus or discount if you could prove you had €5 or more credit with the store that went out of business.
This makes no sense at all, why should a company give me some credit based on credit I had with another company that is even out of business? I could see it working if the two companies are competitors, but if one of the two is out of business it isn't a competitor anymore.
- charcircuit 4y ago>why should a company give me some credit based on credit I had with another company that is even out of business? Because the more credit that person had with the other business the more valuable the customer would be to have. >but if one of the two is out of business it isn't a competitor anymore. There are still other competitors who will be fighting over all of the customers looking for a new a company to replace the one that went out of business.
- GTP 4y ago> There are still other competitors who will be fighting over all of the customers looking for a new a company to replace the one that went out of business. Then you don't need to prove prior credit with another company: the competing companies could just offer some free credit to new customers, as companies indeed already commonly do.