Numerous Advantages of Concepts that Scale
Beyond the decrease in cost associated with mass production, there is measurable advantage to having massive revenue. Even a small increase in efficiency can increase profits by a large margin. Having thousands or millions of customers requires a different approach when minimizing customer dissatisfaction (or maximizing customer satisfaction). Beyond the guessing game of new product offerings, with massive user bases, wide data sets can be collected to understand how and why users prefer your products or services (offering). Localized demand may be low, but global demand could be enormous for our offering. (more…)