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March 22, 2010
OK Maybe Bottled Water Wasn't Such A Great Analogy
Periodically I've enjoyed pointing out that the Cartel, in attempting to sell a product (digital music) that is now available for free, faces much the same dilemma as the soda companies faced when they created the demand for bottled water. After all, most of us get essentially all the high-quality water we want for next to nothing, so why are we so hooked on paying thousands of times as much for the stuff in bottles?
Well, the answer isn't particularly pretty for the bottled water people, either, as you can see at "The Story of Bottled Water." So for all you Cartel types out there... sorry, I'll try to come up with a better analogy for how you might compete with a high-priced product against one that's not quite as good, but cheaper. I hear FedEx is still turning a profit these days, where the USPS isn't...
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