Skip to main content

Posts

Showing posts with the label demand

Just my thoughts #0641

The cultural differences between the East and the West sometimes stem from the natural environment, but they are generally believed to arise from differences in thinking. In other words, Asians tend to understand relationships and similarities by grasping the context of certain events and situations, while Westerners often focus on rules and categories by concentrating on objects. Therefore, Asians believe that even beings far apart influence each other, and Westerners believe that a certain phenomenon occurs only when they are in direct contact. However, the irony is that the West, not the East, has communicated over long distances using invisible magnetic fields or radio waves. The consistency of phenomena does not always produce the same results as expected. - Joseph’s “just my thoughts”

Just my thoughts #0255

Revealing all your attractiveness and skills at once is unwise. This principle is also relevant in business. In marketing, creating “waiting demand” can occur when a superior product model is announced in advance, pressuring customers to postpone their purchases. This phenomenon is known as the “Osborne Effect,” named after the Osborne Computer Company in England, which introduced an excessively innovative computer named Vixen and subsequently went bankrupt the following year because existing products could not be sold. Innovating and guiding your current customers is never a straightforward task. - Joseph’s “just my thoughts”

Just my thoughts #0224

There are markets where demand generates supply, while there are markets where supply must generate demand. Las Vegas, a city in the middle of the desert, is a business structure that creates demand from supply. Supplying gambling rooms simultaneously generates the operating income of the gambling room and profits from hotels, transportation, restaurants, and shopping. In a poor business environment, you need to review the essence of your business. If you try without structural change, you will likely tire, and it isn’t easy to expect improvement. - Joseph’s “just my thoughts”