4 ms·
Kind of, but GDP per capita is way lower. It would take 35 average Nigerian users to replace one average American. Which still isn't exactly true, since there a
by tyre 3y ago
Kind of, but GDP per capita is way lower. It would take 35 average Nigerian users to replace one average American. Which still isn't exactly true, since there are high-margin items that are impossible to cross-sell that way. E.g. a $1k iPhone is affordable by a $70k american but not by any single $2k income Nigerian.
Sheer quantity of users doesn't replace higher GDP cohorts.