Re:What is the unique value proposition of selling honey?
by jiofih on Tuesday March 10, 2020 @05:17AM
(#22533953)
Exactly! Then they start a race to the bottom, take up debt, and spend on marketing until one goes bust! By then everyone is buying imported synthetic honey which is way cheaper anyway. Heil capitalism.
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Re:What is the unique value proposition of selling honey?
by nostrebored on Tuesday March 10, 2020 @05:23AM
(#22533984)
... so you're saying at the end of the day consumers got a better product that's ostensibly valuable and accessible?
Re:What is the unique value proposition of selling honey?
by pjc50 on Tuesday March 10, 2020 @05:44AM
(#22534072)
They get a product which is worse, but in very non-obvious ways, and has some sort of negative environmental impact that is hard to identify until years later.
Re:What is the unique value proposition of selling honey?
by xaxsacsdaffbnk on Tuesday March 10, 2020 @07:51AM
(#22534617)
They get what they pay for. And here in my capitalist country, "good" honey seems to be selling just fine.
Re:What is the unique value proposition of selling honey?
by wayoutthere on Tuesday March 10, 2020 @11:13AM
(#22536113)
The biggest problem with modern capitalism is that you don't know if something is "good" before you buy it. The information asymmetry / obfuscation ensures that.
Re:What is the unique value proposition of selling honey?
by xaxsacsdaffbnk on Tuesday March 10, 2020 @08:04PM
(#22541459)
That's nonsense. Businesses offering bad products go out of business. Can't say the same for state owned industries.
Of course it is also up to you. You can always choose to buy from dodgy sellers to save a few bucks.
Brands exist for a reason, to guarantee a certain quality.
Re:What is the unique value proposition of selling honey?
by jiofih on Wednesday March 11, 2020 @03:35AM
(#22543861)
Information asymmetry and lack of regulation allow bad businesses to stay in business. Iām sure you can recall quite a few if you sit down for a minute.
Also poverty (lack of options). Think of how the 70% of the population who barely gets by would read your comment on being cheap.
Re:What is the unique value proposition of selling honey?
by xaxsacsdaffbnk on Wednesday March 11, 2020 @02:12PM
(#22548544)
Which ones can you recall? If you can "recall" them, why do you still do business with them?
Don't know about the US, but I think most people there shop at Walmart or Costco. Seems to work fine.