Demand and supply - side Economics
Demand & Supply-side Economics / will they evolve? Some thoughts: *This came up as I was reading about Pinduoduo, one of China’s largest e-comm, & their thoughtful approach around supply. So basically, a result of “instant gratification” in customers like us, leads to ....the big retailers ONLY buying from big wholsesalers, cutting down small guys. Since it needs to be a certain quantity at one go. Since it’s time bound. Which takes $$$$! But what if the behaviour at the customer’s end be made to change? To alter supply-side economics?This could lead to the big retailer order across 50 small orders. And all the small order folks can also compete among each other for better quality of whatever the good/product is. -> we get more synchronised distribution (a new way? Or back to the old ways?) + also ofc much better quality in the hands of the final customer. 👆🏼it’s what Pinduoduo does, and they call it C2M (consumer-to-manufacturer)Now going to think about how this analogy can be taken to other related spaces too, including what we do :) 🤔