The concept of value of value is one where information yearns to flow freely, transactions should be voluntary, unlimited and direct. In V4V model, people pay what something is worth to them.
Sounds ...
Very good perspective, and something worth pondering. 🤔
I enjoy the context of price as a psychological anchor, because we are social creatures and nobody takes the “free” couch on the side of the road, but anyone will pay $20 for a “good deal”.
V4V at the early stages is a price discovery mechanism in some ways as we are attempting to discover worth in a new frontier.
I’ve been of the mindset that “if you build it they will come” and contributing time and effort at V4V is a temporary approach until the infrastructure and customer base is solidified, and value has a better quantifiable direction. After all, a business needs margin to grow and scale and people need profit and incentive for continued motivation.
Great article, thank you for sharing 😃
I enjoy the context of price as a psychological anchor, because we are social creatures and nobody takes the “free” couch on the side of the road, but anyone will pay $20 for a “good deal”.
V4V at the early stages is a price discovery mechanism in some ways as we are attempting to discover worth in a new frontier.
I’ve been of the mindset that “if you build it they will come” and contributing time and effort at V4V is a temporary approach until the infrastructure and customer base is solidified, and value has a better quantifiable direction. After all, a business needs margin to grow and scale and people need profit and incentive for continued motivation.
Great article, thank you for sharing 😃
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