Posts Tagged ‘commodity’
The Misleading Advantage
The little gelato place down the road from us is dying. For three years straight they were the only good enough ice cream place in the boat harbour. The lack of competition meant that they could steadily increase their prices from $3.80 per scoop to $5.80 while continuing to staff the store with young, casual,…
Read MoreIntangibles Have A Real World Value
Once upon a time earphones were ‘functional black’, until Apple changed everything by adding a layer of meaning to what was once a commodity worth nothing more than a few dollars. By making earphones ‘accessory white’ Apple gave iPod owners a way to be noticed and to belong. The most famous roof line in the…
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