MnemonicBump@lemmy.dbzer0.com 19 hours ago
Selling stuff at cost is already selling stuff at a loss if you factor in labor and overhead. How long can you go losing money? Probably not as long as Walmart or Target or Amazon. That’s what they’re betting in.
Employing your exact strategy is how Amazon became one of the largest corporations on the planet. In fact, they still sell their entire Amazon Basics line at a loss for this reason.
EvilBit@lemmy.world 17 hours ago
“At cost” could be a compound value inclusive of overhead and labor.
LastYearsIrritant@sopuli.xyz 16 hours ago
Well, that’s just a regular business then.
EvilBit@lemmy.world 10 hours ago
Well no, it’s something more akin to a co-op, because profit isn’t built in.