11/ bc every year the big car companies do ultra limited editions, just 10 or 20 or 50 cars. They sell for more ... but the REAL profit is that to get one of these, you buy a dozen cars, you attend all of their driving camps, etc. Do the same with your 2020 paprika smoke bacon
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23/ Also, I'm very very pro-market. For the most part, when people pay for something, that is evidence that they really like and enjoy it. People LIKE being part of a small "in the know" crowd. People LIKE being able to say "my friend Bill, the farmer". People LIKE rarity.
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25/ I'm reminded of this
@tylercowen blog post from a decade back where I learned the concept of "high narrative value". If you're running a farm, sell your customer NARRATIVE with their bacon. https://marginalrevolution.com/marginalrevolution/2009/05/more-on-the-new-geoffrey-miller-book.html …Show this thread -
26/ Send them Christmas cards and tell them about your year ... and how you're going to raise a few cows next year (not for sale to the public, sorry...just for you and some friends). My God, those customers will want your limited edition steak SO BAD.
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