Re: Nibble DVD

[pausch@saaf.se (Paul Schlyter)]

In article <2X87f.18528$vw6.7316@newsread1.news.atl.earthlink.net>,
BluPhoenyx  <bluphoenyx-@-earthlink.net> wrote:

> Mike reduced the dvd price to $89.95. A much better price for you
> guys who didn't want to pay the original cost.

To call it "much" better is a clear overstatement, but OK, it's
somewhat better.  But not enough IMO.  When it reaches $25-$30 I'll
bite, but not before.  I'm patient - I can wait a few years or more.
Or it may never happen -- then I'll accept that and do without it.

Perhaps the sales of this DVD at ca $120 has stalled so now Mike
lowers the price.  Then he'll wait until the sales at $90 stalls, and
then lowers the price further to, perhaps, $60.  Then the process is
repeated at, say, $60 and later again at still lower prices, until some
lower limit is reached when he thinks it's no longer worth it to
continue.  That's probably the way to profit most as the seller.

As the buyer you'll then get the best bet by being patient.

Note the cheap and all too common psychological trick Mike uses when
he sets the price.  Now it's not $90, it's $89.95 -- that's just a
5 cents difference, but it makes the first digit being an 8 rather
than a 9.  A gullible customer will then perceive the price
difference as much larger than 5 cents.

-- 
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