3 ms·
It's about margins. We have a box of paperclips that costs 10 euro. 100 people sell it for prices ranging from 11 to 100 euro. 11 is probably to low to build a
by ponderings 3y ago
It's about margins. We have a box of paperclips that costs 10 euro. 100 people sell it for prices ranging from 11 to 100 euro. 11 is probably to low to build a reliable business, 13 is within reason, 15 would allow for some advertisement budget. Everything below is out. Then we have a market with advertisement budgets ranging from 1 to 85 euro per box. These expensive boxes make a hell of a lot of noise! The customer is left choosing between the 80+ and the 60-70 euro screamers.
And then, then they go to AliExpress and buy it for 8 euro from someone who wants out and you've made us all look stupid.
And now a moment of silence for the thousands who failed to want paperclips regardless of systemic encouragement.