What is this site worth?
I had to laugh as I came upon the entry for our site on priceofweb.com. What is our site worth?
chase-sucks.org estimated price worth is $1347
They’ve underestimated the traffic and grossly overestimated the revenue. What they can’t calculate is how much this site is worth to JPMorgan Chase (or how much it costs them), which would be a much larger number, but probably much much smaller than all the money they make off of their poor treatment of customers.
The sad truth is that for JPMorgan Chase, bad customer service has so far been a winning strategy, financially at least, but they sure aren’t making any friends. They only way to make the strategy of treating customers poorly, and charging them excessive fees, is for customers to raise a big stink whenever Chase behaves badly. If enough people did this, it would no longer be profitable.
Interesting | admin October 13, 2010
