|
General Asylum General audio topics that don't fit into specific categories. |
|
|
|
General Asylum General audio topics that don't fit into specific categories. |
|
In Reply to: Audiophiles will pay ten times what something is worth if it is 'High End' enough nt posted by Elizabeth on June 5, 2014 at 08:29:21:
"Audiophiles will pay ten times what something is worth if it is 'High End' enough"
The economic term for this is "price discrimination". By segmenting the market it is possible to charge wealthy customers more than poor customers. If this is skillfully done it can benefit the seller, the poor customers and the rich customers.
There are poor audiophiles out there. Some of the download sites cater to them by offering deals, including charging the same price for all formats when a new album is released. Some download sites offer substantial bonuses and discounts to repeat customers. I don't think it is possible to look at quoted prices and get an accurate picture of the marketplace.
Tony Lauck
"Diversity is the law of nature; no two entities in this universe are uniform." - P.R. Sarkar
This post is made possible by the generous support of people like you and our sponsors:
Follow Ups
- Price Discrimination is a well-known business technique - Tony Lauck 06/5/1408:59:37 06/5/14 (0)
Top of Page ]
[ Contact Us ]
[ Support/Wish List ]
[ Copyright © 2024, Audio Asylum, all rights reserved ]
