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Setting Pricing for a Startup - The Rule of 80%

60 points by bootload 17y ago

sachinag 17y ago
I know this is my own blog, and I appreciate the interest, but this is a dupe from just 53 days ago: http://news.ycombinator.com/item?id=861275 http://news.ycombinator.com/item?id=861275
- bootload 17y ago
  "... but this is a dupe from just 53 days ago ..." Thanks I'll kill it. There must be a bug somewhere or the url's have changed because they both resolve to ~ http://www.sachinagarwal.com/setting-pricing-for-a-startup-the-rule-of-80 http://www.sachinagarwal.com/setting-pricing-for-a-startup-t... Pretty sure if you re-post something already on HN the post is redirected to the original. Now I see you changed the title "Setting Pricing For A Startup" to "Setting Pricing for a Startup - The Rule of 80%" so it appeared on a different url?
  - bootload 17y ago
    "... Thanks I'll kill it. ..." Hmm can't kill it. Must have passed over a certain threshold. Any moderators around? Kill the story.
    - paraschopra 17y ago
      Why kill it if people are upvoting it? This means many people here value the repost (and weren't aware of the first post). In fact, I would argue reposting of old gems from HN time to time. It helps everyone here!
      - bootload 17y ago
        "... I would argue reposting of old gems from HN time to time. It helps everyone here! ..." Not a bad idea.
        blue1 17y ago
        Also it wouldn't be a bad idea to mark them as "repost" somehow.
        chrischen 17y ago
        Current system actually doesn't allow reposting right? So yea that would be a good idea, along with a minimum time limit for reposting.
richardburton 17y ago
there's an apocryphal tale that Cadillac sales actually went down in the 1980s when Cadillac lowered prices. I think you always have to be careful not to mix correlation with causation. The slump in Cadillac sales could have been dure to the poor edonomic times. Black Monday anyone?
- chrischen 17y ago
  Even if that is a bad example, it's not unbelievable there is the "price" effect.
- sachinag 17y ago
  Cadillac tried to compete with Lexus and Infiniti by lowering prices. Sales nosedived as the price reduction was seen as confirmation that Lexus and Infiniti made better cars. Again, I've heard the story a number of times, but I can't prove it. Also, the 1980s were the height of Cadillac's atrocious badge engineering, where they's just throw different grilles on the same car across all the different makes. I have a better pricing story that I'll be using on my new blog soon.

60 points by bootload 17y ago

I know this is my own blog, and I appreciate the interest, but this is a dupe from just 53 days ago: http://news.ycombinator.com/item?id=861275 http://news.ycombinator.com/item?id=861275

bootload 17y ago
"... but this is a dupe from just 53 days ago ..." Thanks I'll kill it. There must be a bug somewhere or the url's have changed because they both resolve to ~ http://www.sachinagarwal.com/setting-pricing-for-a-startup-the-rule-of-80 http://www.sachinagarwal.com/setting-pricing-for-a-startup-t... Pretty sure if you re-post something already on HN the post is redirected to the original. Now I see you changed the title "Setting Pricing For A Startup" to "Setting Pricing for a Startup - The Rule of 80%" so it appeared on a different url?
- bootload 17y ago
  "... Thanks I'll kill it. ..." Hmm can't kill it. Must have passed over a certain threshold. Any moderators around? Kill the story.
  - paraschopra 17y ago
    Why kill it if people are upvoting it? This means many people here value the repost (and weren't aware of the first post). In fact, I would argue reposting of old gems from HN time to time. It helps everyone here!
    - bootload 17y ago
      "... I would argue reposting of old gems from HN time to time. It helps everyone here! ..." Not a bad idea.
      - blue1 17y ago
        Also it wouldn't be a bad idea to mark them as "repost" somehow.
        chrischen 17y ago
        Current system actually doesn't allow reposting right? So yea that would be a good idea, along with a minimum time limit for reposting.

richardburton 17y ago

there's an apocryphal tale that Cadillac sales actually went down in the 1980s when Cadillac lowered prices. I think you always have to be careful not to mix correlation with causation. The slump in Cadillac sales could have been dure to the poor edonomic times. Black Monday anyone?

chrischen 17y ago
Even if that is a bad example, it's not unbelievable there is the "price" effect.
sachinag 17y ago
Cadillac tried to compete with Lexus and Infiniti by lowering prices. Sales nosedived as the price reduction was seen as confirmation that Lexus and Infiniti made better cars. Again, I've heard the story a number of times, but I can't prove it. Also, the 1980s were the height of Cadillac's atrocious badge engineering, where they's just throw different grilles on the same car across all the different makes. I have a better pricing story that I'll be using on my new blog soon.