3 ms·
That’s part of the problem with durable or semi-durable businesses. You sell a ton - one to everyone- and then you only sell to people coming of age or to those
by dataveg 3y ago
That’s part of the problem with durable or semi-durable businesses. You sell a ton - one to everyone- and then you only sell to people coming of age or to those who have failures. If you want to play with the math look up Bass models or diffusion models. Fascinating but quite sobering. Once a market is saturated it’s very hard to grow.
- starkparker 3y agoSo from a business sense the best feature of, say, a KitchenAid stand mixer is its accessory port.
- Krutonium 3y agoAs a home user, I agree, that's the best part of the Mixer. God I love it.