"Yes, a 100 MB drive with a 29ms access time is shoddy. Unfortuneately, the majority of mass market consumers are piss poor purchasers of computer equipment. The hottest selling zip is the parallel version! Yes, the ZIP is the "standard," and there's nothing you or I can do about it."
Jimmy, your statement above truly shows why IOMG is so successful and others aren't. If there is a paradigm which caught the data storage industry off-guard, the above statement probably says it all.
To blame consumers as "piss poor purchasers of computer equipment" is in itself a total failure in understanding psychology, needs, and values the consumers put on a product (a la Syquest). If the consumers prefers the parallel version of Zip, there are good reasons why they do so. And the proper thing to do is to make more parallel units, and re-examine your understanding of the needs and psychology of the consumers - not to say that they did so because they are all ignorant. Remember, consumers are always right!
Price vs. performance, usefulness, convenience, and dependability are always high on consumer 's consideration when buying products. Performance alone is usually never the main consideration of the mass consumers, that's why high-performance products are often found only in nich markets.
Lots of high-tech companies have lost big time because they assumed that consumers prefer the most technically advanced, most perfect solution. These companies often developed great solutions first then go out looking for uses/applications afterward, instead of identifying the needs/applications first, then build the solutions to fit them. (Of course, IOMG did just that.)
If the average consumers want a $15,000 4-cylinder mid-size car, and you decide to build $25,000 8-cyl full-size car because it's technically more superior, then you are certainly looking at bankcruptcy. Of course, this was basically what happened to the US car industry in the late 70's and 80's when the Japanese cars invaded the US market in a big way. Young
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