NETFLIX/AMAZON MOAT? How is UltraFlix going to
Post# of 96897
Posted On: 01/08/2016 8:36:11 AM
NETFLIX/AMAZON MOAT?
How is UltraFlix going to crush it?
From "Rule #1" (Phil Town) c2006
What a wide moat means to a business owner is that the business is very hard to compete against. A Coke is much more expansive than a generic cola, but nobody who wants a Coke cares. You can't compete with Coke by lowering your price, and that's also a sign of a wide moat. It is hard to compete against eBay because it has the biggest online auction market in the world Gilette is very hard to compete against because it has such a large number of dedicated Gilette fans. Same with Disney, Wrigley, and Apple.
What's even more spectacular about businesses with wide moats is they can keep up with inflation. In other words, they can raise prices as their costs go up. People will still buy Coke, a Gilette razor, or a grande latte at Starbucks, even if these items cost more today than they did yesterday.
How is UltraFlix going to crush it?
From "Rule #1" (Phil Town) c2006
What a wide moat means to a business owner is that the business is very hard to compete against. A Coke is much more expansive than a generic cola, but nobody who wants a Coke cares. You can't compete with Coke by lowering your price, and that's also a sign of a wide moat. It is hard to compete against eBay because it has the biggest online auction market in the world Gilette is very hard to compete against because it has such a large number of dedicated Gilette fans. Same with Disney, Wrigley, and Apple.
What's even more spectacular about businesses with wide moats is they can keep up with inflation. In other words, they can raise prices as their costs go up. People will still buy Coke, a Gilette razor, or a grande latte at Starbucks, even if these items cost more today than they did yesterday.
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