3 ms·
I don't think that will work. If you have a choice between "cheap but does what I need" and "expensive and does what I need", which will you pick? People aren'
by ori_b 16y ago
I don't think that will work. If you have a choice between "cheap but does what I need" and "expensive and does what I need", which will you pick?
People aren't going to spend more for the hell of it. I don't think this is a useful technique for determining the minimum viable cost for a service.
- jacquesm 16y agoEvery car ever sold had to compete with other cars that were 'cheap but does what you need', and yet, more expensive cars still get sold. Even the same model car but a more expensive trim will sell for a higher price than the same model without the trim. Features can be used to substantially increase the price of a product while only marginally increasing the cost.
- HeyLaughingBoy 16y agoYou're assuming that people always act rationally when spending money. Any salesperson will tell you that they don't.