theprof00 said: One of the reasons, i think, that sales have exploded post-price drop, is that people understand that for the price tag of 300$, they are getting the value of a 600$ console.
It's not that the console was too expensive before, it's that people couldn't find the value in it. Now that the value is glaringly obvious, it sells more. That could also be a big factor. People have been thinking like, man that's too much technology, I can't see myself paying 400$-600$ for that. Then the price drops, but they still feel that it's a 600$ system. |
I agree. Consumer demand seems to spark when the consumer realizes he's getting an expensive item, for a good deal. This then speads and the concept continues.
Its like Computers. There's the Mac, and there the PC. Macs, on average, are about 1000 dollars for Specs that barely match standard-end PC's. PC's are cheaper. When people compare prices and usability, they realize which is a better deal, which is PC, because it is much more powerful, at a cheaper price. Of course, there are other reasons that can get across that (In this case, Windows Vista severely hurt Microsoft's existing user base), but in its bulk, that's how it is.
Also, another reason why I don't believe an initial $300 pricing wouldn't have placed it above the Wii is because
A). Although pretty cheap for what your getting, the PS3 is still more expensive than the Wii
B). I must admit, there are somethings PS3 offers, that some people may not even use. Thus questioning whether the PS3 is worth it
C). Software also sells consoles. PS3 had a pretty weak line-up of games at launch.
D). It would have been hard to develop.
With all those being said, pricing was the PS3's weakness, and if it was cheaper, it certainly would have affected it's situation. The position of the Wii would still be where it is now, however, the position of the Xbox 360 is a bit debateable. PS3 is still a great piece of hardware that I intend to pick up soon, and should continue to sell for what its worth.