Not the whole market at the high end either, I have very little trouble getting any pair of Balmain, Versace, and Rick Owens sneaker I want - I have several dozen pairs of all three brands
Strategy at the high end is to price correctly but astronomically so almost no one can afford them, then offer seasonal sales to sell the less popular colorways or styles off to the aspirational upper poor.
Nike/Adidas is like the polar opposite, intentionally underprice so demand is frantic and there is a lot of action for middle men, then over the years try to steal back as much of the middle men profit as possible
There's a whole ecosystem for used nike shoes. https://www.youtube.com/@Ramitheicon gets over 500k each video and he's got a physical storefront where he trades cash to kids for their used nike shoes. There's so much hype for these shoes from NBA players, tik tok, instagram, and youtube.
"we want to be able to hang somewhere" ...just saying because I'm sorry I can't contain myself: This is exactly the use case Airbnb doesn't solve. I fly half-way across the world to meet my parents on vacation and almost without fail the only Airbnb I can find (or all the ones I can find) have a strict rule against guests. Hence I can't have my parents over 10 minutes to drink tea because if the owner, big brother, finds out I'll lose my entire remaining month of rent and be forcibly expelled. In Europe this is not joke, often a loss of $2000+
I truly hate Airbnb. Luckily since my parents only stay a week they can afford to stay in a hotel. Invariable we "hang out" with me sitting at the foot of their bed.
These "rules" become extremely oppressive when your home most of the year is an Airbnb room like me. This is why I use Booking or local corporate owned platfroms instead whenever possible
Camera's don't have to be hidden to prevent guests. It is allowed and becoming very common to have cameras at entrances and becoming common to restrict guests during the day as well as overnight.
I have never run into this alleged issue. In fact, we have several times booked AirBnB homes in the town of my youth and hosted Thanksgiving Dinner for my elderly mom and siblings who are themselves visiting and staying in AirBnB's. Yes, we asked the hosts before booking if we could cook and host a Thanksgiving Dinner and received their OK.
I truly love AirBnB and have stayed in them in most all my business and pleasure travels to Europe, Canada, Israel and across the USA.
Was the $.99 price point really invented at a point in history before sales taxes came to be established? Round prices have never been convenient because it always come out to $1.07 1.08 1.09 something like that with a mix of state and local tax added
Plenty of places in the world (most/all of Europe at least) include tax in the .99 price. If I go to the check out to buy something that is priced at £9.99, I will pay £9.99 as the 20% is already accounted for.
I don't think we can draw any conclusion from that campaign because multiple variables were changed simultaneously
The biggest ones in my mind, the ones my family had always played: they got rid of the game playing involved in buying during sales windows. This eliminated both the urgency to buy and the fun of feeling you were getting a deal other people weren't (this is all from memory I'm afraid)
When you eat at a sit down restaurant, part of the service is not forcing you to walk to the register up front to pay. Hence you leave your card with the waiter and they disappear with it for up to 15 minutes to process the payment at the terminal.
This is also their opportunity to copy your magnetic strip and/or add a tip without your permission. (Though the latter only happened to me once, I guess the former may have happened a few times over the years it's hard to know.)
For what it’s worth, everywhere else in the world they just bring a small hand held terminal over to your table and you just insert or tap your card yourself.
In europe they bring the pos to your table once done with your custom. Although in the uk table service is uncommon and people queue up at the till to order. No one checks the name as it would be a waste of time anyway.
Doesn't strike me as wise. Your phone is always on you, if you have a biometrics killswitch you're better off than repeatedly entering your password, day in and day out, in public locations where a highly motivated actor WILL be able to figure out your password with mere binoculars and two or three observations.
This is why I hate when I get a 1Password prompt to reenter my nonbio password at inopportune times in a public place. My keystrokes can be secretly filmed from a distance. When I gain access to passwords that I copy and paste by fingerprint, the forcible theft of my machine puts me at near 0 risk. (My preferred way to login while in public.)
You are not leaving fingerprints on your device? Btw. there have been successful unlocks of biometric sensors using photographs of fingers, so you better wear gloves all the time.
It is annoying that Windows keeps Qwerty for it while Mac uses Dvorak. If it was just consistent (I constantly switch machines) it would be easy to handle and entirely subconscious by now...
But I start typing the wrong layout every time and lose a few seconds mentally reorienting myself.
I don't use Windows so I don't have an definitive answer for you but it seems possible to have Dvorak+Pinyin. This is 6 years old so I don't know if the latest versions of Windows work the same way
Walking has a direct casual impact on markers of cardiovascular health like vo2 max. I have no idea whether anyone has the funding to establish causality for exercise and all-cause mortality, but it would be astonishing if exercise improved your heart and circulation but not lifespan.
Edit: At least, astonishing if the effect persisted across multiple large and high quality studies.
I'm not so sure. I've seen some rat studies on longevity and fitness with pretty surprising results. Obese, idle rats were the shortest lived (not surprising). But surprisingly, fit, active rats actually had shorter life spans than anorexic, lazy rats. Who knows if it generalizes to humans, but results like this always make me skeptical that first principles thinking will hold up in complex biological systems.
I think this is also first principles thinking going wrong: calorie restriction increases rat longevity and (presumably) reduces rat movement, and there's no good way to make calorie-restricted rats voluntarily do more exercise without introducing confounding variables, but that doesn't show whether a calorie-restricted human would live longer if also doing some exercise.
There becomes a point for individuals where even walking becomes difficult, if you can imagine a sudden death is often a result of cardiac arrest and heart disease, then no it has nothing to do with walking but the issue of obesity. For most individuals in this category walking is considered strenuous exercise. Meaning that even doing 30 minutes of it can be considered the equivalent to a high intensity workout. It's a sad thought to think about about approximately 1 in 4 Americans are already on track for this by 2030.
Exercise is essential yet in our modern lives it does not exist in a mandatory form. The entire workplace structure of our society needs to be redone.
It is a interesting question. Some percentage of the harm from smoking is probably that it makes you more sedentary and likely to avoid cardiovascular activity. People who walk briskly for 22 minutes probably also eat better.
Every business, every business has people who go in with the "no matter the cost" situation. But the market sets the schedule of pricing, so if either their status is not "revealed" or the business is simply not allowed to alter the price scedule from person to person, then it is literally no different than
-A rich family deciding they'll eat at the amusement park without asking prices, and no matter what, even when a small coke has reached $10
-A guy who walks into a new restaurant after his first 48 hour fast and after payday atd decides to completely ignore the prices and just order unconditionally
-A taxi driver get a flat outside of a tire shop by pure chance and it is the start of a ten hour planned shift
etc. ad Infinitum
If markets are a good way to do that, sure. But let me ask you one question:
Who do you think will negotiate better prices for any given procedure or medication:
1. A nation-wide health insurance that makes up 90% of a companies volume
2. The solitary regular Joe who is in pain and uncertainty about their health
No need to answer me, because the numbers and real world examples already exist and this is a known market dynamic (bigger buyers can negotiate better prices). This is why patients in nations that have such systems pay sometimes multiple magnitudes less than people in the US.
Now let me ask you another question: How would you structure a health care market if your goal was to extract as much money as possible and how would it differ from what you guys already have?
If you ask me, the market for healthcare in the US work as intended. Just not for the customers.
famous | ˈfeɪməs |
adjective
1 known about by many people: a famous star | the country is famous for its natural beauty.
2 informal excellent: Galway stormed to a famous victory.
Various types of pickles are in fact "famous":
- Mango pickle (not my favourite Indian pickle; right now that would be garlic pickle and my standby is lime pickle)
- New York deli half-sour pickled cucumbers (not a vinegar pickle, but a fermented pickle).
- Umeboshi (salt-pickled Japanese plums)
- Kimchi (Korean fermented cabbage and vegetables)
- Kapusta / Sauerkraut (Ukrainian and German fermented/pickled cabbage, respectively)
There are others, but the point has been made. When you consider that "famous" is often used to mean "beloved", your ignorance is showing.
Strategy at the high end is to price correctly but astronomically so almost no one can afford them, then offer seasonal sales to sell the less popular colorways or styles off to the aspirational upper poor.
Nike/Adidas is like the polar opposite, intentionally underprice so demand is frantic and there is a lot of action for middle men, then over the years try to steal back as much of the middle men profit as possible
All very interesting imo
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