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My guess is that they were trying to skim off as much revenue from the potential customer pool as possible. If you charge $49 and only get 100 takers, you still
by ABrandt 17y ago
My guess is that they were trying to skim off as much revenue from the potential customer pool as possible. If you charge $49 and only get 100 takers, you still make more than if you had 1000 paying $1.99. I know there's different thresholds to consider, but this is a fairly common pricing strategy. Remember Apple's original $599 iPhone?
- bmalicoat 17y agoWolfram, like Apple with the iPhone, are offering a rebate for those unhappy about the price change.