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Joined 2 years ago
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Cake day: June 9th, 2023

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  • But…

    A more expensive product becomes a more price-sensitive product. Now one customer represents income from 3-4 customers.

    Recession hits. People are more likely to cancel something that is $25/mo than $8/mo. And each cancellation is like three cancellations.

    Going “premium” is a valid strategy. But since we haven’t had a serious recession in 15 years, I believe it’s a shortsighted one.


  • Long run, they are corporate morons.

    T-Mobile was “paying” for a rarely-used account on my family plan. Parents used it in another state. I occasionally used it. My brother logged in once in awhile. On any given week, it might see like 4 hours of collective viewership.

    Turns out TMobile’s contribution only covered the first $8. I have been paying another $10/mo. out of my own pocket and wasn’t batting an eye.

    Netflix was getting $18 a month for doing almost nothing! And that could have continued for many more years without my even questioning it.

    BUT… One day I couldn’t sign onto my own Netflix account that I pay for. Evidently, I’m not in my own household? That led to my discovery of the gargantuan amount I was paying for a service I barely use anymore.

    So now, thanks to their greed, Netflix gets $0 from me. And not a single family member has phoned to ask why Netflix no longer works.

    Some executives in Los Gatos may soon learn Econ 101’s supply-and-demand curve.