Trusting
Elio Addict
How many people really want to buy a new Elio? I've wondered about that for some time. Here's some fancy figurin I did to try and answer the question.
I have a website with over 14,000 members and I'll use the numbers from it to try and estimate the Elio numbers. Ok, if someone joins my site they can do it in one of two ways. One way is absolutely free and the other way they pay a fee that only comes out to about $2 a month. With the paid fee they are able to use many valuable features not available to the free members and these features make the site much more user friendly, functional and faster. In other words; it's really the smart move and well worth the money. They can profit greatly from being a paid member.
Of the 14,000 members only about 2% actually pay the fee and 98% are free loaders. So, here are a bunch of people who, for a pittance, can reap the benefits of the site (which most use every day) but won't pay a very small fee. Conclusion: the great unwashed public are a bunch of tightwads.
Then there's Elio, who wants people to pony up $100 to $1,000 for something that doesn't exist, and no one knows for sure when or if it will ever exist. It's absolutely extroidinary that they have taken 51,000 reservations! Based on what I've seen with my own site I think it is safe to say that for every one reservation there are 25, maybe 50 others who are waiting for the cars to appear before ordering one.
With those numbers I would think Elio should be able to get all the funding they need. I believe they, in reality, already have over a million cars sold but just don't have the money yet.
Time to get off their hind ends and start building cars!
I have a website with over 14,000 members and I'll use the numbers from it to try and estimate the Elio numbers. Ok, if someone joins my site they can do it in one of two ways. One way is absolutely free and the other way they pay a fee that only comes out to about $2 a month. With the paid fee they are able to use many valuable features not available to the free members and these features make the site much more user friendly, functional and faster. In other words; it's really the smart move and well worth the money. They can profit greatly from being a paid member.
Of the 14,000 members only about 2% actually pay the fee and 98% are free loaders. So, here are a bunch of people who, for a pittance, can reap the benefits of the site (which most use every day) but won't pay a very small fee. Conclusion: the great unwashed public are a bunch of tightwads.
Then there's Elio, who wants people to pony up $100 to $1,000 for something that doesn't exist, and no one knows for sure when or if it will ever exist. It's absolutely extroidinary that they have taken 51,000 reservations! Based on what I've seen with my own site I think it is safe to say that for every one reservation there are 25, maybe 50 others who are waiting for the cars to appear before ordering one.
With those numbers I would think Elio should be able to get all the funding they need. I believe they, in reality, already have over a million cars sold but just don't have the money yet.
Time to get off their hind ends and start building cars!
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