Home
This discussion is closed: you can't post new comments.

What a surprise: Higher prices dampens sales

Submitted by acohill on Tue, 02/09/2010 - 14:55

In a shocking discovery, music publishers have found that the law of supply and demand works. Apple loosened up pricing rules for music on the iTunes Store last year. Record companies immediately raised prices. Buyers immediately bought less music. The record companies are shocked, shocked that buyers don't want to pay more. What could have gone wrong? Higher prices signal less supply, and in turn, demand tends to drop. Record companies might want to send a few of their high paid execs back to high school to retake an economics class.

A lot of big companies need

Submitted by Reader on Wed, 02/10/2010 - 13:05.

A lot of big companies need to focus on the product and the actual people who make the products, and not be as focused on the CEO bonus each year.

Any average person on the

Submitted by Reader on Wed, 02/10/2010 - 13:12.

Any average person on the street could tell the record companies this much. IT's why FYE and Border's are going out of business...they overcharge big time. Even with their store closing sales of 40% or more, the prices are comparable to Wal-Mart or Best Buy. I won't buy anything at retail price, I buy it used for a fraction of the price. I will not pay more than $10 for any DVD or CD, ever. If that means I don't see a movie or hear a CD for sevewral months, then so be it. I'm a consumer product company's worst nightmare: I remember unit prices like a computer, I always buy on real discounts instead of 'marked' discounts, and I buy used for a lot of things to avoid the retail mark-up.

Nice article, it really puts

Submitted by Reader on Mon, 02/15/2010 - 05:35.

Nice article, it really puts things into perspective.

A Broadband Properties top 100 company for 2008

A Broadband Properties top 100 company for 2009
A Broadband Properties top 100 company for 2010

Design Nine was selected as a Broadband Properties top 100 company in 2008, 2009, and 2010.


Smart 21

Designed by Design Nine, the nDanville fiber network has won the Intelligent Community Forum's Smart 21 award for 2010.

Design Nine provides visionary broadband architecture and engineering services to our clients. We have over seventy years of staff experience with telecom and community broadband-more than any other company in the United States.

We have a full range of broadband and telecom planning, design, and project management services.