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Interesting the supply/demand in the extreme is considered Price-Gouging. What should we call Gillette's pricing on razors?
by rottyguy 13y ago
Interesting the supply/demand in the extreme is considered Price-Gouging. What should we call Gillette's pricing on razors?
- 27182818284 13y ago>What should we call Gillette's pricing on razors? Razor blade pricing? This is what I grew up with it being called slangly. As in, give away something up front and then gauge huge on the backend. Another example would be that He-man toy that had crazy-expensive slime refills. shrug
- RickS 13y agoJust FYI, that's called a loss leader. Printer ink is the classic example. http://en.wikipedia.org/wiki/Loss_leader http://en.wikipedia.org/wiki/Loss_leader
- georgemcbay 13y ago"What should we call Gillette's pricing on razors?" A triumph of marketing since you can get as good or better razors from companies like Dorco for a fraction of the price.
- ghaff 13y agoAlso interesting is that the oft-quoted example of giving away the razors and making money on the blades is apparently more complicated in Gillette's case than the shorthand version suggests: http://www.law.uchicago.edu/faculty/research/randal-c-picker-razors-and-blades-myths http://www.law.uchicago.edu/faculty/research/randal-c-picker...
- thoughtpalette 13y agoYou can always switch to a DE merkur if you have the time. .05c a blade. Awesome experience. /r/wicked_edge