1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

What what this cannot be that easy, no competition!?.

Discussion in 'BlackHat Lounge' started by jacobpov, Aug 10, 2013.

  1. jacobpov

    jacobpov Junior Member Premium Member

    Aug 23, 2010
    Likes Received:

    Illusion of choice everybody.
    Last edited by a moderator: May 18, 2016
  2. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

    Jan 27, 2009
    Likes Received:
    Pusillanimous Knitter
    Buenos Aires
    It 's bullshit thinking due to mass propaganda. Competition doesn't mean having a gazillion sellers "competing". Competition means that if a new seller enters the market, profit goes down, quality goes up. If a seller doesn't enter the market, it means he can't compete with the current price/quality offers.

    If I open a service tomorrow selling luxury cars $10.000 a pop, no one will compete with me. That means total competition, not 0 competition - prices can't get lower. Compare this with having 10 sellers selling each car $100.000 a pop.
    • Thanks Thanks x 2
  3. ArtVandelay

    ArtVandelay Power Member

    Jan 15, 2013
    Likes Received:
    Check out Warby Parker. They're briefly mentioned in the video, but they obviously didn't go into any detail.
    They're a new company, but they're exploding. Great glasses, severely reduced prices, and the non-profit aspect of the company will make you feel good inside - they donate a pair glasses to someone in need every time you buy a pair... or maybe at some other interval - but it's still a good thing.
    Warby Parker gets a 10/10 for me. I'm calling it now - in a few years they'll be a BIG player in the industry.

    Perhaps I should have phrased this post more eloquently for when the historians look back at my prophetical predictions. ;)