5 ms·
Lots of people would be willing to do lots of things for lots of money until you actually give them the opportunity to do so. It's easy to spend hypothetical mo
by mvdtnz 3y ago
Lots of people would be willing to do lots of things for lots of money until you actually give them the opportunity to do so. It's easy to spend hypothetical money.
- dclowd9901 3y ago$28 doesn’t seem like a crazy sum of money though. Passes the sniff test IMO.
- paulcole 3y ago$1 is a crazy sum of money when you actually have to spend it. Look at the entire app economy for proof.
- makeitdouble 3y agoApp economy is a lot more complicated than that. Many people won't bother installing something for free even if it potentially could help them, yet they'll spend more coins on their favorite gambling game. Money is only a tiny corner of the issue.
- Eumenes 3y agoI'd spend lots of real money to get rid of social media once and for all. Like thousands. It would do alot of good for society.
- jessehattabaugh 3y agoI'd pay $100 just to get my family to install Signal
- TrainedMonkey 3y agoHow much would you pay for them to use it?
- rogerkirkness 3y agoOnly way I have managed to do this is to burn the boats and become unreachable by other means lol.
- financypants 3y agoWhat do you currently use? Just a text message group? Is it because signal is e2e encrypted?
- aembleton 3y agoMaybe spend it on Facebook adverts targeted at them, telling them to install Signal.
- kaashif 3y agoI have literally asked people "would you pay $5 for this?" they say yes, then I tell them to buy it and they say no. When this kept happening I realised the only thing that matters in sales is... actually making sales. Everything else is window dressing.
- HPsquared 3y agoStated preference vs revealed preference.
- JackFr 3y agoFree lunch at start up - workers: “We want healthier options!!” A dozen catering trays of salad get tossed into compost. All the fried chicken is gone in less than 5 minutes.
- oh_sigh 3y agoHence ABC - "always be closing"...giving interested people an extra second is giving interested people an extra second to get cold feet.
- mcpackieh 3y agoProbably they're interpreting your first question as "would it be reasonable for me to offer this for sale for $5?" They may not be personally interested in buying it but can still tell you whether a price seems fair or not. For instance, I think it would probably be fair for you to sell your car for the blue book value... but I'm not offering to buy your car. I don't need another.
- signaru 3y agoAgree. The question also lacks a "when" part. If it were "Would you pay $5 for this NOW?" then the answer has a higher chance to be NO, regardless of whether the other person think it is a good deal. The question is more like a phrasing trap to make the other person look inconsistent.
- Buttons840 3y ago
- deleted 3y ago[deleted]
- kromem 3y agoThe reverse is also the case. In market research, the death knell of your research is if you include the question of "would you prefer money or X." People always choose hypothetical money as it's a wildcard, even if in actuality they will spend ridiculous amounts of it on the thing you are testing in the first place. The existence of hypothetical money in surveys screws them up terribly, as people are both willing to spend and accept hypothetical money in ways that often don't translate to reality.