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Yes, competing on quality requires trust, which you call "status". If you don't have that, you must spend some time competing on price first. That's how China did it (and has now moved up to making iPhones) and how Somalia can do it as well. See also: Indian software outsourcing used to be a total joke, but it was cheap, and now look at the demographics of Google including the CEO.



Trust is different. I’m just talking about status which comes before trust can even begin.

Price is not enough.




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