| ▲ | ronsor an hour ago | |||||||||||||
> Sneakerbots killed it for everyone Ultimately I think artificial scarcity/limited production for products offered online is a futile and erroneous venture. The bots exist because the product is valuable. The product is valuable because it's artificially limited. | ||||||||||||||
| ▲ | epsteingpt an hour ago | parent | next [-] | |||||||||||||
Slightly different take IMO. There's a niche market for certain player's sneakers. If Nike services them at a price point (e.g. $200 base) then people can keep buying from Nike and will buy the next version. If instead some sneakerbot takes ALL the consumer surplus (buys for $200, resells for $1000) yes that is the actual demand curve but it hurts NIKE'S business and the consumer. | ||||||||||||||
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| ▲ | bawolff 43 minutes ago | parent | prev [-] | |||||||||||||
Its fine if you are targeting rich people. It doesn't work if you are targeting (relatively) poor people. You can't have both scarsity and low prices, something has to give. | ||||||||||||||