Re: Is Verizon's Pricing Out of Touch With Reality in the age of the iPhone? At 21 Dec 2007 21:23:03 -0500 Carl wrote:
> There are the Sam Waltons with their Walmarts but there are also
> the Warren Buffets with their Berkshire Hathaways.
I fail to see the point of that comparison. Berk is a holding company that
controls a variety of companies that catervto the masses- insurance
companies, fast food, mall jewelry stores, etc. Rather than the antithesis
of Sam Walton, Buffet is many Sam Waltons in one convenient package!
> I suppose I prefer the latter for
> myself. Different strokes and all.
So, essentially you want to be one level removed from Walton and not get
your hands dirty? ;-)
> And along with your axioms you might also add, "and if you sell to the
> masses, to survive you must also employ the asses of those masses and
then
> treat them like shit."
Not necessarily- Walmart is the extreme example. Plenty of mass-market
companies are also good corporate citizens.
> Or how about, "So the common man can fly, you must crowd up the sky. So
> lower those fares and gain more near-miss scares." Or something like that.
> :-)
Now you're talking about an entire industry- who is the high-end "luxury"
carrier you'd rather be than, say, United?
> Just a little food-for-thought for those of you who think marginal
markup,
> cut-throat pricing, high volume selling is such a wonderful thing for
> people.
Not necessarily cut-throat- again, it's not all Wal-Mart- pick any
successful mass-mrket retailer, say Macy's, and they've got a more
successful operation than any high-end "boutique" does.
Most, if not all, independent business people that I know that cater to the
"high-end" customer is not as successful as his clients are- that's all
that I'm saying. |