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Monday, May 23, 2022

Figured out some business basics

Being a friendly stranger when in public is valued in all human cultures, and is basis for hospitality.

Businesses allow: friendly strangers to provide socially acceptable products or services to hopefully friendly strangers who return value--with money.

Go into a business? And friendly strangers provide much! Where you as a friendly stranger, promptly return the favor, when you return value with money.

Friendly stranger principle is how business works.

Guess should also talk products then as product focus helps much. And I tend to focus on products and on web products. But I believe lots of confusion exists about product space on web.

A product in general is a thing manufactured by human effort in SOME way for distribution to other human beings.

(And yeah I made that up. May formalize definition but am not sure yet.)

Like I have an open source software product which is code I wrote for a tool that helps coders get information on Java language. So I manufactured it. Put on SourceForge indicating interest in having distributed. And it has downloads from over 150 countries.

Products include physical ones as in made of materials and information ones, which can be web distributed.

A movie is a common example of an information product as is a song, where are in addition--entertainment products. And information product space has moved to the web as web solves the distribution problem.

Like, physical products have to be shipped from point of manufacture, stored, and delivered to consumers or more often, to physical marketplaces. But on web can get an information product like a song WITHOUT physical distribution.

While in the PAST a lot of people made money with songs on a physical product like records or CD's.

And some assholes try to make you still get that way. They deserve PAIN.

Got a bit emotional there. Product space evolved rapidly with arrival of the web which is most efficient for distributing information products.

But progress has lagged as a war erupted and some try to force physical products to carry information that is better sent across web.

Back to friendly stranger concept.

Web enhances friendly stranger behavior from best businesses; and again, businesses provide products or services where friendly strangers return value with money. But who figures out value?

Value quite simply gets determined when people try to sell things--in marketplaces.

Marketplaces do a lot, including provide an area for price determination.

That is, folks who make things put up products and from what actually sells and at what price, you know saleable products. Plus you get a product value determination in direct competition.

Most marketplaces around the world tend to be more vibrant than here in the US.

For most people, you can just go to a store and pay price given. To get to something more flexible here you can go to flea markets--good Lord, what do they have to do with fleas? Or you can go to yard sales, or maybe a farmers' market but in stores price seems set.

But knew people who would negotiate there. Were car sales people. To them? Was a suggested price. And yeah sold new cars myself for about two months and at times hung out with other car sales people.

And yes, kid you not, they negotiated in stores too. And got deals.

That price for something you want in a store is a volatile item based on buying decisions of prior shoppers.

Figured out that previously established industries have fought to prevent well regulated marketplaces for information products. Which then means consumers are pressured into buying from monopolies or very risky online purchases elsewhere.

Well regulated marketplaces are very important for security. Have read news stories of Americans who actually get killed trying to sell outside of them. Like people trying to set things up for an exchange on web have simply been killed and product like a car, simply stolen when showed up in person to complete the deal.

We really need well regulated web marketplaces!

Well regulated web marketplaces will break the web monopolies. And are important for price determination for information products.

Business is the 'friendly stranger' that helps you get what you want, or need where to be a friendly stranger you mainly need to pay.

Smiles and being kind to friendly staff are, am sure, appreciated too.

Focus on being a friendly stranger as a primary concept helps me understand business basics.