Is it so hard to imagine a sharp discontinuity in the demand curve between affluent tech early-adopters and an easily-satisfied mass market?
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Replying to @Outsideness
"Early adopters" again, meaning they will pay for being early, not for Veblen signalling. Hence, auctions, not vandalism.
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Replying to @Alrenous
Auctioning what? I'm not clear if you think they should be running multiple production lines (which they're saving on currently).
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Replying to @Outsideness
They run one production line. The first batch - necessarily limited in size - is auctioned off. Low supply == high price.
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Replying to @Alrenous
That would result in massive under-production, and sacrifice of the low-end market to a business competitor.
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Replying to @Outsideness
What? No. I'm not suggesting they produce less, only that they market what they produce differently depending on when it's produced.
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Replying to @Alrenous @Outsideness2 replies 0 retweets 1 like
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Replying to @Alrenous @Outsideness
Instead of selling those 30 at the manufacturer's suggested price, they should have been auctioned on e.g. eBay.
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Replying to @Alrenous @Outsideness
Though this is the low-end car. Instead, do this with the high-end car, that's where you see the real gains of the auction.
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Replying to @Alrenous @Outsideness
Obviously auctioning the 20k low-ends for December is not a winning strategy. Do this with 20k high-ends instead.
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Again there's an EMH issue. If auctions are so great, why do we see so few of the them? Have to suspect some severe unacknowledged costs.
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