Certain businesses are built on the premise that the majority of the customers will not take full advantage of the service to which they are entitled. Netflix is an example of this; the whole structure of their value proposition is that you can view as many movies as you want per month for a fixed price. Of course few people have enough time on their hands to get a real good run for their money. They watch maybe 4-5 movies a months tops. Then we have the guy who has nothing to do but to watch movies – he is getting a reaallly good bang for his buck.
I am that guy, when it comes to buffets.Continue Reading…
Recent Comments