4 ms·
You can say that to any firm then. Given our razor thin profit margins, the pricing is there for a reason. The coupon codes are also there simply to sweeten the
by tamar 12y ago
You can say that to any firm then. Given our razor thin profit margins, the pricing is there for a reason. The coupon codes are also there simply to sweeten the deal.
Bear in mind the products we're mostly represent cost a low $10. If we had more wiggle room on pricing, we'd offer low pricing all the time. It's just not feasible for a business like ours to do 24/7.
- anigbrowl 12y agoWhat I'm saying is that I am more quality- and convenience- sensitive than I am price-sensitive. Not because I'm rich, but because the mental overhead of coupon deals etc. carries a cost that typically exceeds the saving on the coupon. If you make the service sufficiently attractive, you can raise your prices. Admittedly this is a bit challenging when your firm is branded as 'namecheap' in order to attract the most price-conscious consumers, but companies can and do rebrand themselves. I mean, Google is charging more than you, and it's not like they couldn't win a price war if they were so inclined - they could probably sell domains for $1/year without significant damage to their bottom line. Maybe it's time to get out of the 'cheap' box.
- drdaeman 12y agoIf only the stores would have machine-readable globally-unique identifiers for products, the overhead could be easily offloaded. Sadly, there isn't anything like this.