College Students Trying to Design a $100 Recumbent Cargo Trike
07-06-16, 09:13 PM
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College Students Trying to Design a $100 Recumbent Cargo Trike
12-10-16, 06:16 AM
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12-11-16, 01:23 AM
#3
Uber Goober
Several years ago, I recall reading about one of the US car companies developing a super-cheap car for sale in developing countries. Seems like the target price was $5,000 or so.
The problem they found was that people in those countries with $5,000 would rather buy a used "real" car than some super-cheap new car.
The bigger problem is that they were trying to develop what they thought other people needed, rather than what those other people actually wanted to buy.
I wonder if that is not the issue here. It might be informative if they'd go to some of these places and say "Do you want to buy this bamboo direct-drive tricycle with concrete wheels for $100? Or would you rather buy this Chinese-made regular bicycle for $30?"
The problem they found was that people in those countries with $5,000 would rather buy a used "real" car than some super-cheap new car.
The bigger problem is that they were trying to develop what they thought other people needed, rather than what those other people actually wanted to buy.
I wonder if that is not the issue here. It might be informative if they'd go to some of these places and say "Do you want to buy this bamboo direct-drive tricycle with concrete wheels for $100? Or would you rather buy this Chinese-made regular bicycle for $30?"
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