Very good perspective, and something worth pondering. 🤔
I enjoy the context of price as a psychological anchor, because we are social creatures and nobody takes the “free” couch on the side of the road, but anyone will pay $20 for a “good deal”.
V4V at the early stages is a price discovery mechanism in some ways as we are attempting to discover worth in a new frontier.
I’ve been of the mindset that “if you build it they will come” and contributing time and effort at V4V is a temporary approach until the infrastructure and customer base is solidified, and value has a better quantifiable direction. After all, a business needs margin to grow and scale and people need profit and incentive for continued motivation.
Great article, thank you for sharing 😃
seth / Seth
npub15u…x05rq
2023-07-21 12:32:44
in reply to nevent1q…8q7v
Author Public Key
npub15u3cqhx6vuj3rywg0ph5mfv009lxja6cyvqn2jagaydukq6zmjwqex05rqPublished at
2023-07-21 12:32:44Event JSON
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"content": "Very good perspective, and something worth pondering. 🤔 \n\nI enjoy the context of price as a psychological anchor, because we are social creatures and nobody takes the “free” couch on the side of the road, but anyone will pay $20 for a “good deal”. \n\nV4V at the early stages is a price discovery mechanism in some ways as we are attempting to discover worth in a new frontier. \n\nI’ve been of the mindset that “if you build it they will come” and contributing time and effort at V4V is a temporary approach until the infrastructure and customer base is solidified, and value has a better quantifiable direction. After all, a business needs margin to grow and scale and people need profit and incentive for continued motivation. \n\nGreat article, thank you for sharing 😃",
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