Sqrl said:
The topic isn't about that specific instance, its about products as a whole and why price cuts can fail (ie the title). My position allows perfectly for products to experience demand increases after a price drop. The point I've been making this entire time is that it doesn't always, and specifically the mechanism by which it fails to do so. |
care to go back what you wrote? both of your examples say it'll not increase demand. The Motive of a price cut is to increase demand and thats what it'll do, how can you say a price cut will fail???
its pretty obvious the PS3 did not hit the mass market point which to millions of potential buyers out there thinks the ps3 dont worth its current price tag, With each price it'll increase its value to consumers. If you are saying the ps3 will decrease its value with a price drop then you are saying more people will buy it at current price tag.
and I admit I have shitty grammar.
