Daily Archives: 2013-11-01

Random thought: infobusiness

cat_bagInfoBusiness is an activity taking advantage of the following facts:

  • High margin: cost of copying information piece is equal to zero
  • Everyone is afraid of something: there are a number of items outstainding from the childhood on agenda of virtually every person
  • Information asynchrony: you can’t evaluate the benefit you’ll get from product before buying it

Let’s face the truth: most people don’t quite know how to help others(even themselves!). Thus they don’t have the actualy knowledge to sell. Thus bagged cats are sold :(