What online businesses do you find dumb but make a lot of money?
What online businesses do you find dumb but make a lot of money?
Last week searched for to get a refund for a travel ticket (German train company). Several online companies claim the process is complex and offer an express service, for a 30% cut. The refund process is actually pretty straight forward.
Same with a company that ranked high for "cancel $big_company subscription membership". You fill out a form, pay 10 Euro, and they will print a letter and mail it to $big_company on your behalf.
It always astonishes me how much people are willing to pay for cosmetic digital items (game skins, stickers, NFTs, etc). But it's a huge market, even if you leave out the bits of it that are just gambling.
Porn. There's so much free content (even amateur), yet some people pay big money for it.
(E-commerce example) Well I was surprised to find out the PetRock from the 70s had its own website and was still being sold - for USD29.99 a pop. Guess its easy to survive as a company with (I'd assume) ridiculously low production costs
NFTs, crypto currencies, ringtones, porn, videogames, even SaaS software one seldom uses…
Bill maher mentioned recently that it’s everything. Everyone has too much money to buy too little shit, and also the money is being inflated away.