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by flyingpenguin
635 days ago
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I think something that companies often miss is that improving the experience in an area where you have a monopoly can still increase profits by encouraging increased usage of that area. The example I always go to is U-Haul in the US. They have a functional monopoly on quickly getting a pickup truck or small box car. I used to tell people there was no need to own a pickup truck because I could go grab one for $30 once or twice a month when I needed it. After a year of shitty apps, constantly being sold things I didn't need because they try to secretly upsell you 50 times during checkout. Having to go into the store to get the keys and wait in line for 1 hour behind people screaming about how they were cheated... I bought a truck. U-Hual still has their monopoly, but they lost my business, not because I went to a competitor, but because I altered my life to no longer need their business. Maybe instead of buying eink tablets, I would have kept printing things had printers been better products. |
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Only problem is that everyone else also has figured that out so hard to secure one.