Ohm 1 in essence selling a service to people that wanted a...

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McKhenry

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22/05/19

13:28

Post #: 38689502
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Originally posted by goldbear77: ↑

as long as they price to the market + add the control functionality people will want, that could work.

thats what i think killed ohm v1.0 - they went to a lot of new ears with an interesting looking proposition - but once those people get interested enough to research the space then all the competing offerings that were 5 years older and offer direct online audit and cost mgt functionality at what looks like about 1/3rd or less Ohms' rrp cost (eg. BID/BIQ + offshore ) would have won the day more times than not. not always, but thats erosion that builds over time too.

thats the brutal new world of the internet - there's almost zero time of milking 'extraprofit' from being among 'first to market 'and very few markets geographically that dont open up simultaneously to a number of competitors - unless you have a core value that cant be repeated

makes business creation very dicey. have a look at how Uber-too offerings are starting to spring up here. No way you want to own Uber imo beyond short term - it doesnt own the drivers - so its going to face constant margin erosion as new competitors start to offer higher income splits to drivers/

i still think customised end to end is BUD's best bet for building a durable, high margin earnings moat ie. many more Thor's.

but thats b2b sales. can take 12-18 months to land each client. and still has a lot of contract risk around revenues

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Ohm 1 in essence selling a service to people that wanted a product, New Ohm will be a saleable service designed between the customer and BUD

BUD Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
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