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> Research the concept of "Death Prices". Google doesn't come up with anything on this one, is there a different term for the same thing?
by bcarroll22 9y ago
> Research the concept of "Death Prices".
Google doesn't come up with anything on this one, is there a different term for the same thing?
- chmike 9y agoIs this the same as "hidden costs" ? That is a cost not showing up on the bill. For instance the time spent to get the thing working and keep it working. I've heard it used as argument against linux and free software.
- cjsawyer 9y agoNo, it’s about the initial price you list influencing the value perceived by potential customers. If you set it too low they won’t think your product is worth their time or money
- grinnick 9y agoI think it's the idea that if you price your software too low then it's value will be perceived as low. You then have customers paying a low price for a low (perceived) value product and you're into a death spiral.