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The whole article is based on a strawman. Who contended that reducing price per unit by an order of magnitude would result in an equal increase in volume? Pric
by kamikazearun 15y ago
The whole article is based on a strawman. Who contended that reducing price per unit by an order of magnitude would result in an equal increase in volume?
Pricing at a dollar is a definite advantage for certain products which have mass appeal and have potential for massive volume ( Ex: Angry Birds ). People are significantly more likely to buy something that's only mildly interesting if it costs an insignificant sum like a dollar.
If you sell a textbook on Applied Thermodynamics for a dollar though, you sir are an idiot!
- ctdonath 15y agoPer a prior post, a book is only worth what it costs used. Amazon lists used books titled "Applied Thermodynamics" starting at $0.51. If you're one who realizes education is nigh unto free (personal review & certification being the expensive bit), such textbooks are only worth a buck. Note that that the textbook market is skewed to artificially favor expensive titles per school requirements and publisher racketeering. Considering it is AFAIK a fairly settled topic, at least in an educational setting, without such price-fixing the introduction of yet another textbook on Applied Thermodynamics would command a far lower price than the typical $50-$150. Yes, the simplified lead premise is a strawman. So is saying selling a textbook dirt cheap is idiotic. Both are used as a lead-in to a valid detailed discussion of what does constitute reasonable pricing.