01-31-2011, 07:45 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Nov 2005
Location: Marina Del Rey
Posts: 10,842
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Quote:
Originally Posted by Rochard
The problem is a bunch of things.
Look at it this way. If you went to the mall to buy sunglasses, you might have three or four stores that sell sunglasses, and maybe five more that might have sunglasses as a department. So say eight stores in two hundred sell what your looking for.
But then suddenly everyone in the mall, all stores, discover the profits to be made in selling sunglasses. So now instead of competing with eight stores, you competing with two hundred stores. Everyone is selling sunglasses.
But wait. There's a guy standing outside of the mall directing traffic across the street to a restaurant (i.e. social networking sites). But then at the restaurant there is a guy giving away free sunglasses.
So... You rent space in the mall to compete against 200 other stores selling the same shit, but no one goes there any more because they are at the restaurant getting free sunglasses with their drinks. Or.... Everyone in the world is selling porn but sixty precent of all Internet traffic goes to Facebook and Twitter, and others are giving away porn for free.
Combine that with the economic conditions we have and we are super screwed!
That might be the best thing I ever read on GFY.
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Nail on head.
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