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Old 09-06-2009, 01:07 PM   #11
Abecedary
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Quote:
Originally Posted by JSWolf View Post
Whoever setup the number did it rather poorly.

Under $98 should have been under $100. Why do you think Sony priced the 300 at $199.99. They did it because it's under $200.
Except the whole point of this study is for market research purposes. When doing market research, you want to remove things like "psychological effects" (e.g., a $199.99 price) from the results. For this study, they've done that by lumping the $199 price point with the $200 price point, where it belongs.

To put it another way, if someone says they'll gladly pay less than $100 for something, they're not saying "I'll jump on it if the price is $99.99"—rather, they're saying "I'll buy it if it's a decent amount under $100."

Then again, I'm sure you know far more about this sort of thing than a highly-regarded research firm that's been doing this for decades.

Last edited by Abecedary; 09-06-2009 at 01:11 PM.
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