“Manufacturing costs falling faster than prices are falling”

Equity Mates Investing Podcast · Dating apps are dying, is Eli Lilly still a buy & Pimp My Portfolio with Owen Rask

Play from 26:42
26:42

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What was described

invested heavily in manufacturing supply-chain capacity, which now reduces production costs faster than price declines

Said nearby on the same subject

“Your product actually helps cut through that and reduces that chatter by 50%, which is reducing the cost basis.”
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“We can train rats at a fifth of the price of a trained demining dog… we have demonstrated… we can reduce the cost price per square meter”
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Said on TED Radio Hour
Pricing one-fifth of the price of a trained demining dog Share this moment
“We are very heavily subsidizing the $299 ones. Can't hold the conference at that price. $399 ones are where we normally go to, which is kind of the break-even”
JB
James Blatch
The Self Publishing Show ·
Pricing $299 tickets, $399 tickets, 66 tickets sold out of 200 Share this moment
“He insisted on investing in the newest technology every single time… his company’s losses were the least of its rivals when it had to reduce its prices so it could run the factory fully occupied.”
AC
Andrew Carnegie
Founders ·
Why it worked Share this moment

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