An oddity of business are the products that have real needs and most agree should be a good business, but nobody in practice wants to pay much for them. I wonder why that happens? Does someone "ruin" the market like google analytics? Or does something cause this?
I think you answered your own question. I can’t think of something, without a super cheap or free alternative, that people need that they are not willing to pay for. Can you?
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Fair point! I've seen there is a subset of businesses where the market gets "ruined" by a cheap competitor so customer expectation is forever set that category is either free or cheap -- no matter how much value it adds. Maybe I'm just complicating a thing where simple works.
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Agreed. Google analytics is a good example of that. Supply and demand is an underrated concept in business and economics imho.
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