4 ms·
Size of market.
by lightbendover 3y ago
Size of market.
- arp242 3y agoI never got any in the UK either. Are you saying that 67 million people is too small of a market? Even the 10 and 6 million of Portugal and Denmark seems plenty large enough to make these type of things viable.
- lightbendover 3y ago> Are you saying that 67 million people is too small of a market? Yes. If I'm a scammer, I'm going to target the most profitable single market that I understand. Building an international capability on top of that is a fairly large leap.
- madsbuch 3y agoI can ensure you that both Portugal and Denmark has plenty og spam and scams. Also in local languages. Just not robocalls.
- arp242 3y agoYou can apply that reasoning to every product or service. Do you actually have any knowledge on this?
- lightbendover 3y agoHaving worked on GTM strategies for nearly a dozen new technology products at an international company and seen countless more, I have more than reason to believe that targeting the entire world at once is almost never done. You do your market research and make the best decision you can, scamming is no different. Scamming’s addressable market is dictated by many factors other than population: mean income by cohort, regularity climate, normal liquidity situations, bank policies, etc..
- arp242 3y agoOf course American scammers wouldn't be regularly targetting Europe; European scammers would be targetting Europe.
- lozenge 3y agoThey're not robocalls, but since my mobile number was ported to O2 I have received multiple calls a week of scammers wanting to access my account to order phones.
- madsbuch 3y agoThe European union holds more than 100m more people than the US.
- itake 3y agoAren't most retired people's money locked up in gov pension and social programs as opposed to the USA where you're expected to mostly self-fund retirement with 401k, IRA, and savings? So older US people have more control of their retirement funds than Europeans?
- madsbuch 3y agoI don't know how this related to robocall, but I like the question! I can only answer for Denmark, but there we have a thing called "ratepension" which I think is similar to a 401k. Retirement age in Denmark is 73 and the public pensions do only cover the bare minimums – you also need at private pension.
- itake 3y agoIn the US, the robocalls typically target seniors that aren't able to identify the scam. In the US, we have 3 "pillars" of retirement income that we are told to keep roughly the same size: Gov plans (Social Security), personal savings, employer sponsor plans (401k). I had always assumed in Europe, most people expected the gov to fund most of their retirement (70%?). Whereas the expectation in the US is social security only covers ~33% (although for many people its 100%).
- madsbuch 3y agoAt least for Denmark, the expectation are more or less the same as for the US.
- deleted 3y ago[deleted]
- supertrope 3y ago