So they actually do rent Rebels and other entry-level DSLRs. Not sure how many actually are rented though, the site seems to be really popular amongst professionals but I can’t imagine someone renting a Rebel for the weekend. It does seem like they have probably maximized their current niche market though for sure.
Thanks for sharing, Rajiv! I had never considered hospital operations through the lens of job shops/assembly lines or considering labor/asset utilization. With such a staggering amount of GDP spend on healthcare I am glad that people like you are out there to make the process more efficient and hopefully more appropriately priced for the rest of us!
Great post, Matt. I appreciated the chance to learn more about Bain and also how this exercise can be effectively applied to a services oriented business.
Wow! What an interesting way to get around what the issue of altering protected material. Allison and I will absolutely become a user of this product over Christmas break. Thanks for the great post, Tommy.
It seems to me that Groupon’s business model is nearly impossible to scale because of the reasons you identified (poor performing merchants subscribe, price sensitive customers buy). Did the founders have a different vision for the scaling of the business when they founded it or did they originally have limited scale in mind?
Anish! That is a great question, I think being the “first mover” here is critical because the high end photography market isn’t very large and the industry as a whole is used to only a few major players (think Nikon/Canon, B&H, etc) so them being the first to make this experience reliable, convenient, and affordable is huge.