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Exploiting economies of scale is not loss-leading, though. It's a tough lesson, for sure, and it repeats all across industry, and it leaves a bad taste in the
by bemusedthrow75 3y ago
Exploiting economies of scale is not loss-leading, though.
It's a tough lesson, for sure, and it repeats all across industry, and it leaves a bad taste in the mouth, but making things for less profit is not making a loss. And nor is making things in China.
I'm sure Korg, Moog, Akai etc., all need to step up on pushing for greater respect for copyrights and patents in China. As do Arca-Swiss and RRS in the photography world. (e.g. there is a single Leofoto product that is not available for sale in Europe because Arca-Swiss had some success in demonstrating it is a close copy; Leofoto have moved on to other more innovative designs)
And here is an unfortunate lesson: if you continue to sell a product for the same price as you could charge before your patent expired, after it expires, then yeah. You are almost certainly overcharging, even if you don't know it yet.