Christopher_G2 said:
naznatips said:
kber81 said:
HappySqurriel said:
You will always get an immediate sales spike which is followed by a return to more 'normal' sales for a product after a price cut. With how 'small' the PS3's price cut was, and that it is still a very expensive system, I expect that sales will not have improved that much a couple of weeks from now ... |
You've said precisely same thing about PSP's price drop... Hmm, PSP still sells better... |
Is it? PSP sales for the week of April 29th (this is before the price drop):  | 130,823 | 20,691,834 |
PSP sales for July 1st: | 145,583 | 22,018,924 |
PSP sales for June 24th: | 135,023 | 21,873,341 |
As you can see, since the price drop the sales boost ranges from 4% to 11%, a very small small increase for a nearly 1/6th price sales drop. Hrmm, interesting. Look at the PS3 now. I'd say I'm being VERY generous giving them a 10% to 20% sales boost lifetime for a 1/6th price drop to $500. I should probably re-adjust my estimate lower truthfully, but I'll stick with it. I have faith that it will help some. |
Well you are just going to be dead wrong. The PSP was a $200 system, while the PS3 was $600, so you're basically comparing apples and oranges. You can ramble however much you want about 1/6th drops. The fact is in the public's eye the PS3 dropping $100 is more meaningful than the PSP dropping $30. There was more of a widespread demand for a PS3 drop, and I gaurantee you a lot more people were holding out on buying PS3s waiting for a price drop than were doing that for the PSP; it's not even close in that regard. I'm not sure how much this price cut will help, I just know it'll be more than what you think. |
But in the end, it only means that sales will not be effected that much. Even at 500$ it's still unaffordable. Droppiong the price a lone won't help. You need more. Commercial saying "New Low Price".
With the PSP's price drop it was still in a unaffordable range. Why buy a PSP at about 200 smackers when you can get a DS cheaper. same goes in this situation.
