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0 pointsbbatha6y ago0 comments

“Any customer can have a car painted any color that he wants so long as it is black.” — Henry Ford

Meet the customers basic requirements and you compete on price first 9 times out of ten. Look at the airline industry, prices have steadily declined since deregulation and creature comforts right along with them. If Americans could buy standing room only tickets they would in droves.

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bluGill6y ago

Things are more complex than that. People will pay for a standing room only flight because the cost is so high. If I could fly standing room for $5 instead of $150 I'd be more interested in paying $20 a seat.

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0 pointsbbatha6y ago0 comments

“Any customer can have a car painted any color that he wants so long as it is black.” — Henry Ford

0 comments

bluGill6y ago

j / k navigate · click thread line to collapse