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This pretty much only works in the US. In the rest of the world companies expect to get a fair price. Hence the term, American prizes.
by AtNightWeCode 4y ago
This pretty much only works in the US. In the rest of the world companies expect to get a fair price. Hence the term, American prizes.
- mbesto 4y agoExplain to me exactly what a "fair price" is? Value is simple. Let's use a simple example: AcmeCo makes a widget and sells it for $50 WorldCo buys widget for $50 and uses it create $75 worth of services, thereby profiting $25. AcmeCo has an opportunity to make up to charge up to $74.99 if they want, because WorldCo still profits. That, in its simplest terms, is what pricing on. value means. Europe, Asia, or otherwise don't magically say "well that's not fair, you don't deserve higher profits". That's silly, so stop pretending thats the case outside of the US.
- AtNightWeCode 4y agoMore like. AcmeCo makes a widget nobody wants. WorldCo wants to buy a single needed core feature. WorldCo then must pay for the widget too.