3 ms·
Now we're just haggling over price. Make more money and be less cheap. I'd like a Ferrari for $20,000 but we both know that's not gonna happen. These days, yo
by fragmede 3mo ago
Now we're just haggling over price. Make more money and be less cheap.
I'd like a Ferrari for $20,000 but we both know that's not gonna happen.
These days, you can just buy a name, but it's expensive.
Factory A is going to make a device for $50, sell 1,000 for them for $150 and make $100,000 ($150*1000-$50*1000).
Factory B can make the same device for $50, buy a name that you've heard of for $100,000, buy some reviews in magazines you're heard of for another $100,000, and sell 1,000 of them for $350 a piece and then they'll make $100,000. ($350*1000-$200,000-$50*1000)