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There is a possibly more general phenomenon where a brand gets good reputation and then begins cutting cost and people will still buy at the high price. I don't
by ftxbro 3y ago
There is a possibly more general phenomenon where a brand gets good reputation and then begins cutting cost and people will still buy at the high price. I don't know if that one has a name or if it's the same concept as enshittification.
- deleted 3y ago[deleted]
- vanderZwan 3y agoI'd say it is often part of the enshittification process, but also something that can exist outside of it.
- flir 3y agoValue engineering is the art of making almost the same thing, but cheaper. That could be it. See also: muntzing.
- brezelgoring 3y agoTIL about Muntzing. From the Wikipedia page about the practice [1]: > he reduced his costs and increased his profits at the expense of poorer performance [...] so the Muntz TVs were adequate for a very large fraction of his customers. And for those [...] where the Muntz TVs did not work, those could be returned at the customer's additional effort and expense, and not Muntz's. He focused less resources in the product [...] and focused more resources on advertising and sales promotions. While reading this I thought "This guy is a used car salesman if I've ever seen one", and he was! haha [1] - https://en.wikipedia.org/wiki/Muntzing https://en.wikipedia.org/wiki/Muntzing
- ftxbro 3y ago> "when he felt that one of his builders was overengineering a circuit, he would begin snipping out some of the electronics components."
- fuzztester 3y ago>Value engineering There was a book with that name, years back. Saw a relative reading it and browsed it briefly myself. Probably are more books by now.
- jamil7 3y agoIs this a product of the way modern MBAs are taught? Seems to be a standard playbook of building reputation, scaling and then aggressive optimisation and cost cutting.
- selcuka 3y agoThat's what Doctorow literally says in the podcast: > Facebook was going to be the social media service that never spied on you back in 2006. And once people were locked in, it, you know, did the Darth Vader MBA thing.
- zeroonetwothree 3y agoI’ve used Facebook practically since it launched and I don’t recall “not spying” ever being something that was a part of it. If anything the opposite—everyone thought it was creepy the level of personal details it revealed to others (but used it anyway).
- lotsofpulp 3y agoSurely people realized profits can be increased by cutting expenses before “modern MBA” education came around.
- bryanrasmussen 3y agoSure, MBA just provides a plan on how to get the most out of the process. It's like automation, it's cutting expenses at scale.
- weevil 3y agoAdobe.
- moffkalast 3y agoEconomies of scale?