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>10$ lab kit worth $399 Can you elaborate? Does this mean they've added $389 in value, or they swindled people of $389? If it's the former, what did they do t
by bumby 3y ago
>10$ lab kit worth $399
Can you elaborate? Does this mean they've added $389 in value, or they swindled people of $389?
If it's the former, what did they do to create that value? (Not being snarky, I don't know enough about their business and am legitimately curious. There seems to be a lot of comments here about unfulfilled promises.)
- Sohcahtoa82 3y agoYou have to define "value". Personally, I roll my eyes any time someone questions "value". If a customer is willing to pay $399, then obviously they put the value of whatever the results may be from it at at least $399.
- bumby 3y ago“Utility” is the value I was looking at. I.e., they’ve added something (tests, insight, even just ease of use) that wasn’t available with the $10 version.
- kjellsbells 3y agoThe former. That is, they convinced people to pay a premium over the material cost of the test. Nothing skeevy about that, just good marketing. Assuming that customers were not misled. "It's not a pencil, it's the thing that writes the next Moby Dick" - that sort of thing.
- bumby 3y agoThat sounds more like the latter.