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Yes please! (media.piefed.world)
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[-] ThePantser@sh.itjust.works 17 points 9 months ago

Great idea for a quick cash grab but then you will lose growth. You will run into insta pot problems where the product was too good and lacked room for innovation. But someone should do it anyways.

[-] protist@mander.xyz 42 points 9 months ago

Imagine making a billion dollars off putting a device in everyone's home and thinking that's not enough

[-] FatVegan@leminal.space 5 points 9 months ago

That's what pisses me off about Hollywood. That movie made 12million dollars. What a colossal failure that was.

[-] pressedhams 5 points 9 months ago

It is when it cost $20 million to produce.

[-] Tinidril@midwest.social 11 points 9 months ago

Maybe treat it like a business instead of a "quick cash grab" like instapot did? They should have used those early profits to diversify into other product areas. When demand for home cooking equipment predictably fell after COVID, they weren't prepared.

[-] BurntWits@sh.itjust.works 11 points 9 months ago

I would be totally cool with running a business like that. I don’t need to be making more and more every year if I have enough money to be comfortable, and I’d feel way better if I was in charge of a company making products that respect their user.

[-] otacon239@lemmy.world 2 points 9 months ago

The unfortunate truth of modern business is that if you’re not growing, you’re on the path to failure. If we weren’t societally so fixated on profits, I could see lots of companies making “forever” products, but this sadly isn’t the case.

[-] boonhet@sopuli.xyz 1 points 9 months ago

So what are you doing with your employees when your company is done selling products to users? Just lay everyone off?

[-] scytale@piefed.zip 8 points 9 months ago

Is instant pot losing money on their product? I just got one last month and it’s been amazing for making meat tender and making bone broth.

[-] IMALlama@lemmy.world 3 points 9 months ago

No, but investors tend to treat companies as either growing or dying. If you have a boring and reliable product you're going to saturate the market at some point, which means that revenue will fall. Arguably there's still a lot of value in sticking around selling replacements as people break things, but this is nowhere near as lucrative as the growth phase.

[-] zeca@lemmy.ml 5 points 9 months ago* (last edited 9 months ago)

A government should do it, then share the designs so that repair shops can do their jobs better. People should be employed by repair shops, not that much in factories that produce disposable crap. After spreading the product to the population, the factories should slow down and produce repair parts, while the workers move to the repair shops.

this post was submitted on 17 Nov 2025
1522 points (100.0% liked)

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