Hacker News new | ask | show | jobs
by just-ok 2171 days ago
Sorry, I don't check HN often and it took me a while to formulate a worthwhile response.

It depends what you consider significant; regardless, it's a really good question. I think I'll actually ask people I know when I get the chance to see how much they think Wayfarers cost to make / are intrinsically worth. I hypothesize that few will say something under $10, but I could be wrong!

I get what you're saying in that the consumers dictate what something is worth, but that's a fundamental premise I have can't subscribe to: all you have to do as the seller is convince the consumer that it's worth more and poof! more profit. Is that ethical, or should the seller just take it upon themselves to behave responsibility and not have a 5000% margin? So yes, obviously fulfilling an unmet desire should be rewarded, but by 50x the cost of the actual thing you're selling? I just struggle to reconcile the value gap between the actual labor+physical good and the... virtual marketing.

Your Zenni example again ties into the above: you may be happy to pay that (and I probably would be too, if I liked them enough! thankfully we can afford it), but selling them to you for a 10x markup would be a dick move.

This is probably my fundamental thesis, on which we may have to agree to disagree: just because someone is willing to pay X for Y, doesn't suddenly make it okay to charge X for Y.