3 ms·
I think the internet is enabling this trend. It allows you to bypass the middle man. The consumer is also able to educate themself on products more easily (beca
by leemcalilly 12y ago
I think the internet is enabling this trend. It allows you to bypass the middle man. The consumer is also able to educate themself on products more easily (because of the internet). So high-quality products are more affordable, but not necessarily cheap. It's awesome. You see this happening with everything from Warby parker to Tonx coffee to clothing startups like Frank & Oak.
My company, Original Fuzz, just launched a guitar strap that uses Horween leather (http://www.originalfuzz.com/products/skinny-leather-guitar-strap http://www.originalfuzz.com/products/skinny-leather-guitar-s...), and we could have never made it with Horween 10 years ago. We're able to sell it for $48 because we can find customers from around the world through the web. You don't have to do the traditional keystone pricing and leave room for retailers and distributors if you don't want to.
- brc 12y agoA very good point. In order to match up the limited supply of handmade goods with the limited market of buyers, you need to have a long-tail searching tool, and the ability to tap into small but geographically dispersed consumers. The internet is indeed the glue that brings this together, probably moreso than rising incomes (which have been rising for a long time, anyway).