Greed is Good
Gordon Gekko said that in the movie "Wall Street".
That statement was as much right then as it is now.
I once made a post about custom foot fetish videos, and went as far as to give a starting figure a buyer should pay. After consulting with a few of my peers, I found my post was in dire need of correction. I practically trounced sites and models for their practice of charging astronomical rates for the most simplest of custom videos. What I failed to realize were two important things: fanship and exclusivity.
Let me give you real world examples of both. Fanship is dedication to something or someone. The girls from the college volleyball team that wore flip flops to the White House were ridiculed and chastised across the nation for their so-called lack of discretion and decorum. They decided to use the media attention to their advantage, and turn the tables on their critics by auctioning their flip flops over the Internet. Some of their flip flops fetched three-figure sums. That was fanship.
Exclusivity is showing preference to something or someone. Strip clubs or gentleman's Clubs (pc version) usually have VIP rooms or some place you and a stripper or dancer (pc version) can be alone, and away from the general public. The cost to get into VIP totals more than a few regular dances. The same applies to upscale nightclubs. Some people are on a VIP list, and don't pay to get into VIP. Others pay to get into VIP so they can hobknob with those who don't pay to get in there. Exclusivity also mean excluding and making something or someone sole (pardon the pun) to a certain place. Say a comedian, singer, or actress were to perform in a certain city on certain days and times. Mind you, there may be lots of places the person could perform in that city, yet the person chooses to exclude all other places in favor of one particular venue.
So to sum it up, as long as there is fanship and exclusivity involved, there will be great demand for what is supplied. And in Economics, we know when demand is high, and supply is low, price goes up.
Greed is good.
That statement was as much right then as it is now.
I once made a post about custom foot fetish videos, and went as far as to give a starting figure a buyer should pay. After consulting with a few of my peers, I found my post was in dire need of correction. I practically trounced sites and models for their practice of charging astronomical rates for the most simplest of custom videos. What I failed to realize were two important things: fanship and exclusivity.
Let me give you real world examples of both. Fanship is dedication to something or someone. The girls from the college volleyball team that wore flip flops to the White House were ridiculed and chastised across the nation for their so-called lack of discretion and decorum. They decided to use the media attention to their advantage, and turn the tables on their critics by auctioning their flip flops over the Internet. Some of their flip flops fetched three-figure sums. That was fanship.
Exclusivity is showing preference to something or someone. Strip clubs or gentleman's Clubs (pc version) usually have VIP rooms or some place you and a stripper or dancer (pc version) can be alone, and away from the general public. The cost to get into VIP totals more than a few regular dances. The same applies to upscale nightclubs. Some people are on a VIP list, and don't pay to get into VIP. Others pay to get into VIP so they can hobknob with those who don't pay to get in there. Exclusivity also mean excluding and making something or someone sole (pardon the pun) to a certain place. Say a comedian, singer, or actress were to perform in a certain city on certain days and times. Mind you, there may be lots of places the person could perform in that city, yet the person chooses to exclude all other places in favor of one particular venue.
So to sum it up, as long as there is fanship and exclusivity involved, there will be great demand for what is supplied. And in Economics, we know when demand is high, and supply is low, price goes up.
Greed is good.
posted by jediofthefeet at 11:25 PM
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