Re:How My Start-Up Failed
by helveticaman on Sunday September 14, 2008 @07:09PM
(#304114)
I would have marked it up way more than 150 percent; I would have charged USD 10.00. If this guy could make USD 9.50 off each condom, instead of USD .75, he might have done much better.
Of course, I don't think this guy's a bad businessman. I'm just saying I would have done that one thing differently. I'd say that, latex notwithstanding, the demand for condoms in the right place and the right time is very inelastic. Shit, you could charge $300 for a condom if you were in the right place in the right time. Which place and which time those are I will leave to your imagination.
Of course, I don't think this guy's a bad businessman. I'm just saying I would have done that one thing differently. I'd say that, latex notwithstanding, the demand for condoms in the right place and the right time is very inelastic. Shit, you could charge $300 for a condom if you were in the right place in the right time. Which place and which time those are I will leave to your imagination.