Prices, marketing, and Chinese stuff

A general explanation of how prices are formed, how marketing works, and how some Chinese stuff can be super-cheap without being a complete rubbish.

CONTENTS:
00:00 Introduction
01:50 Supply and demand
04:15 Fixed and Variable costs
07:45 Price "contents"
10:43 Marketing & "Brand"
13:57 Influencer marketing
16:04 Affiliate marketing
18:25 Influencer abuse
20:11 Affiliate abuse
22:00 Chinese stuff?
24:44 Conclusion?

Useful LINKS:

Screwdrivers and impact screwdrivers explained:
https://www.youtube.com/watch?v=6ZZW8ZHTu4Q

My Amazon recommendations:
https://www.amazon.com/shop/bikegremlinus

My German Amazon (.de) recommendations:
https://www.amazon.de/shop/bikegremlinus

About me:
https://www.bikegremlin.com/about/

A list of BikeGremlin websites and channels:
https://www.bikegremlin.com/

List of all the BikeGremlin videos, sorted by categories:
https://www.bikegremlin.com/youtube/

Camera: Gox

id: 1239