Egregoros

Signal feed

Timeline

Post

Remote status

Context

6

There's a positive element to this: It allows us to build parallel invite-only economies, because people will actually want to be part of them because the Mainstream Economy has increasingly the vibes of a public school cafeteria. Building invite-only underground economies is great because as they become more relevant, the mainstream economy loses valuable customers and has to close down, leaving a desert for those who are not welcome.

See also: Costco

Someone said they could get more customers by abandoning the membership (mostly refunded) and slightly lowering prices. Management responded by pointing out that 100% of your problem customers fall into the category of those that won’r pay $50 up front for a $100 refund.

Replies

1