| Author: | Bob Oros | ISBN: | 9781387171712 |
| Publisher: | Lulu.com | Publication: | August 22, 2017 |
| Imprint: | Lulu.com | Language: | English |
| Author: | Bob Oros |
| ISBN: | 9781387171712 |
| Publisher: | Lulu.com |
| Publication: | August 22, 2017 |
| Imprint: | Lulu.com |
| Language: | English |
If there is an unlimited supply your product becomes a commodity. Limit the supply, the demand increases and the value goes up. A restaurant always had a line waiting to get in to eat. When asked why he didn’t expand his seating, he said that waiting in line was part of the mystique of eating at his establishment and if that changed, he might lose business. If people think a place is worth waiting in line for, it must be great.
If there is an unlimited supply your product becomes a commodity. Limit the supply, the demand increases and the value goes up. A restaurant always had a line waiting to get in to eat. When asked why he didn’t expand his seating, he said that waiting in line was part of the mystique of eating at his establishment and if that changed, he might lose business. If people think a place is worth waiting in line for, it must be great.
