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by GTP 1166 days ago
> Even in your DVD store example a competing DVD store or streaming service could offer you a sign up bonus or discount if you could prove you had €5 or more credit with the store that went out of business.

This makes no sense at all, why should a company give me some credit based on credit I had with another company that is even out of business? I could see it working if the two companies are competitors, but if one of the two is out of business it isn't a competitor anymore.
1 comments
charcircuit 1166 days ago
>why should a company give me some credit based on credit I had with another company that is even out of business?

Because the more credit that person had with the other business the more valuable the customer would be to have.

>but if one of the two is out of business it isn't a competitor anymore.

There are still other competitors who will be fighting over all of the customers looking for a new a company to replace the one that went out of business.

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GTP 1165 days ago
> There are still other competitors who will be fighting over all of the customers looking for a new a company to replace the one that went out of business.

Then you don't need to prove prior credit with another company: the competing companies could just offer some free credit to new customers, as companies indeed already commonly do.

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