Re:Who Pays the Price for Selling $10 Bills for $5?
by ian0 on Friday April 05, 2019 @09:00AM
(#19582053)
Easy:
- Step 1: Switch to selling $11 (2 x $5 bills + $1 coin) for exactly one $10 bill, cutting your net loss per trx by 80% and showing how serious you are about going profitable. But its just a ruse, what your really doing is capturing the market supply of 10$ bills.
- Step 2: Once you have this, you can now start selling branded $1000 laptops for $10 (bills). Increasing the value of $10 bills and allowing you to offload your existing stock of $10 bills for $15 (or more).
At this stage you now have (a) an incredibly profitable 10$ bill business, (b) a spectacular growth story in the consumer electronics space with (c) proven ability to reach profitability.
- Step 1: Switch to selling $11 (2 x $5 bills + $1 coin) for exactly one $10 bill, cutting your net loss per trx by 80% and showing how serious you are about going profitable. But its just a ruse, what your really doing is capturing the market supply of 10$ bills.
- Step 2: Once you have this, you can now start selling branded $1000 laptops for $10 (bills). Increasing the value of $10 bills and allowing you to offload your existing stock of $10 bills for $15 (or more).
At this stage you now have (a) an incredibly profitable 10$ bill business, (b) a spectacular growth story in the consumer electronics space with (c) proven ability to reach profitability.
Stockprice ++