3 ms·
> It's not even all that difficult to estimate, really. For example, every business does it, of necessity. This isn't even true. I run a business, and I freque
by bastawhiz 2y ago
> It's not even all that difficult to estimate, really. For example, every business does it, of necessity.
This isn't even true. I run a business, and I frequently make decisions based on what I believe to be the right thing to do rather than what the data shows as being the most profitable outcome. The very notion of a "loss leader" is driven on fuzzy data where execs simply hope the loss in revenue from sales is made up for in other benefits that can't be concretely valued.