Thread: Price sensitive
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Old 10-07-2012, 06:31 PM   #48
scrapking
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Quote:
Originally Posted by xendula View Post
This proves that, as consumers, we do have the power to influence pricing.
You're right, of course. But only to a certain degree. If consumers drive prices too low, it begins to affect what products and services they bother to even offer to them.

The boxed retail video game industry starts most console games at $60/60 Euros, then they tend to drop in a predictable fashion down to predictable price points. It's a form of "creaming the market" where you soak the early adopters, but then drop the price over time to pull in the rest of the market. I don't see why e-books can't/shouldn't work that way.
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