Thread: General Deals for exisiting customers
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Old 11-11-2020, 23:08   #59
jfman
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Re: Deals for exisiting customers
Quote:
Originally Posted by OLD BOY View Post
There is no flaw. The offers are time-limited and ultimately, revenue is increased to a level where a profit is made from each customer.

Clearly, weak companies cannot offer the same to customers as strong companies.
In textbook economics maybe. In practice those better able to leverage debt means that far from 'strong' companies can disrupt markets for significant periods disrupting companies with sustainable business models.

Uber being the latest example. It's unlikely to ever reach the market share for initial investors who have ploughed billions down the toilet to see a return. Meanwhile employment rights and working conditions have been eroded for taxi drivers around the world.
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