Hacker News Reader

Customer acquisition costs would easily escalate during the ensuing competition. It's much cheaper to make clients compete and use their time and resources to find products and sellers than the other way around. The reason that it hasn't been done before is simply that it doesn't work.

View on HN

I am not sure what you mean by "It's much cheaper to make clients compete and use their time". Can you please explain?

People looking on auction sites, doing web searches and outbidding each other is them doing the work. The price remains stable because the seller only has to spend a fixed amount for the ad campaign that led the user to a particular website. Doing it your way would introduce uncertainty: what amount of time to spend, how low to bid, how many people to pay for monitoring what people want or how much computational resources to allocate to do it by machine. Investors would run the other way.

I see what you are saying. Is it anyway I can talk to you over the phone? If so, shoot me an email with your number and good time to call. My email is imomin at gmail

Reply on news.ycombinator.com