I Hate all these different price levels

13 years ago

Monday to Thursday my local pizza place offers a 20% discount. Should they do that on weekends too and stop discriminating against when I get hungry for pizza?

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profitsforall

13 years ago

Originally Posted by sayu88

In my business I teach my customers to listen to their market and let the market tell them want it wants and needs.

Thus, my bitch as a customer in this marketplace.

Why can't we - as members of this excellent Warrior Forum, all experience information at the same price and not play favorites?

Sayu88 - what you want and need does not equate to what the market wants and needs, just because you dislike this sales tactic doesn't mean that it should be dropped.

Also - you gave an example of a zoo in thailand and it's two separate prices and stated discrimination - this seems to suggest that the multiple prices is discriminatory. It isn't.

A set number of products were released before the price rises to the next level - had you been on at that time, and been quick to respond then you would have got it for the cheapest price (presumably you wouldn't have felt the need to rant if that happened).

The market has already shown that it will tolerate this type of pricing, otheriwse this pricing structure would have died out - if you feel strongly enough about it then feel free to boycott any WSO that uses this pricing policy, just don't expect the world to revolve around you

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Laurie Rogers

13 years ago

Originally Posted by profitsforall

Sayu88 - what you want and need does not equate to what the market wants and needs, just because you dislike this sales tactic doesn't mean that it should be dropped.

Also - you gave an example of a zoo in thailand and it's two separate prices and stated discrimination - this seems to suggest that the multiple prices is discriminatory. It isn't.

A set number of products were released before the price rises to the next level - had you been on at that time, and been quick to respond then you would have got it for the cheapest price (presumably you wouldn't have felt the need to rant if that happened).

The market has already shown that it will tolerate this type of pricing, otheriwse this pricing structure would have died out - if you feel strongly enough about it then feel free to boycott any WSO that uses this pricing policy, just don't expect the world to revolve around you

To add to this comment further, who is more likely to visit the zoo more frequently and spend more money in the long run? You, the one time tourist or the locals? I think the answers are obvious.

To the OP, you wouldn't like hanging out with me then I get lots of stuff for free, all about who you network with.

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sam12six

13 years ago

Originally Posted by jacksonsoo

Hi!

I hate price levels like you do, but not the type in WF that you talked about.

The price level that you are referring to is definitely fair for both consumer and businesses, as explained by many above me.

The type of price level you should hate is when you just bought something for X dollars, and when you go back to the website and leave the page, you found out the pop up asks you to press cancel and gives you a 10 dollar discount, making you feel punked.

From a long-term busines point of view, one rewards early birds (good) and the other rewards leavers (and makes your customers feel like fools) (bad).

I completely agree with this. It reminds me of when I was a kid and sold vacuum cleaners door-to-door. The people who were really impressed with my pitch and excited to get the product would buy at full price. With the slightest hesitation on the customer's part, the distributor (my boss) would instantly drop the price a couple hundred dollars (which came out of my commission - how's that for motivating sales staff?).

I liked the product and felt like it was worth the list price, but I left the industry anyway because it broke my heart that people who were grateful for my showing them such a great product (sometimes literally sitting me down and cooking me a meal to say thanks) were getting shafted compared to people who also wanted the product but were less decisive about pulling the trigger on the transaction.

Originally Posted by Laurie Rogers

To add to this comment further, who is more likely to visit the zoo more frequently and spend more money in the long run? You, the one time tourist or the locals? I think the answers are obvious.

My comment is OT, but I couldn't resist correcting the assumption. Your point is correct and perfectly reasonable business-wise, but in lots of SE Asia, we're not talking about pricing based on your home address. We're talking pricing based literally on how you look. If you look like a local, you get local pricing. If you're a Euro/American sized white or black person, you're getting tourist pricing. Until as recently as the 90's there were many hotels that literally had "No Arabs" or "No Blacks" signs in the lobby.

My mom is from the Philippines and my dad was American, so I've been to the Philippines many times and my Expat American and European friends get a kick out of seeing taxi drivers and whatnot get confused at how to deal with someone who dresses like an American, has American features (size, body hair, etc), but clearly has Filipino blood and speaks the language like a local.

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alphaxyz

13 years ago

price discrimination is...everywhere in some shape or form. the most "legal" one is discount. it sucks to get in too early when two days later they offer whatever discount. it also sucks to be a new marketer. we get 30% commission while super affiliates get 30 to 40% more. it sucks to sit on an airplane beside someone who paid 30% less knowing that you sit on the same class.

it sucks.

but it sucks even more knowing that someday you'll be in a position that will determine price differentiation strategy for your product/service.

it sucks? now i don't know about that anymore.

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Dave Rodman

Banned 13 years ago

That's life. I think it should be simple enough as to not confuse, but everything is negotiable. You can pay the going rate or you can try and get a better deal. You opt to pay the going rate....I go for something in the middle. I'll expend a short amount of time trying to find out about a better deal, but that's about it.

alphaxyz, did anyone ever tell you that you look like Larry Page? Or is that larry page in your avatar?

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alphaxyz

13 years ago

Originally Posted by JohnMcCabe

...Better to get something for it than nothing, even if it means two people sitting side by side paid wildly different prices.

In the WSO forum, fast action by buyers has demonstrated value. As time goes by, that value goes down by definition (it's no longer 'fast action' at some point). Sellers essentially "buy" that value by offering discounted prices to early adopters.

The solution is really simple, though. If you hate the way a seller sells, don't buy from that seller. If you think the offer has enough value that you buy it anyway, suck it up...

so true.

Originally Posted by Dave Rodman

alphaxyz, did anyone ever tell you that you look like Larry Page? Or is that larry page in your avatar?

yes. it's that man's face. it's there to remind me that i should also dominate the internet LOL

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sayu88 13 years ago

Yes discounts and coupons etc. are all part of our economy. And no - I'm not claiming the different prices are in any way price discrimination - It just 'feels' the same to me.

While we all want to get on the cheapest price, do we all have to sit by our screens anxiously waiting for the next WSO so we can get it for the lowest price.

I know this works - I'm saying I don't like it. If you like it - that's good for you.

I've already been through pricing my products and services multiple times and although I have used coupons and specials before - I just don't agree with multiple price levels for the same product or service. Our pricing should reflect the value of that product or service from the getgo.

If that price is $17 or $27 or $47 or ? so be it. The market will come back and reward you or bite you depending on the value delivered.
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82ana

13 years ago

Calm down.

Its the lay of the land, makes things interesting.

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Chris Munch

13 years ago

I'm sure you don't like it when you miss out on the cheaper pricing, but when you get the cheaper pricing it feels great.

I think many of the people here in the WF love the opportunity to catch bargains if they act quick. Its easy using WSO Alerts to track your favorite sellers and be alerted when they put up a WSO and get in early for the cheap pricing.

The price structures on the whole works for both buyers and sellers, that's why its here.

In all honesty I think overall we get a better deal because WSO sellers tend to only raise their price to what they would have asked normally, but because the lower prices create sales, buzz and quick testimonials and ultimately drives more sales, it creates an opportunity for lower prices which would have otherwise not been available. In other words its a win win, and if you do pay the higher price, you are only paying the price you would have paid otherwise if we did just stick to one price only.

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Kay King 13 years ago

While we all want to get on the cheapest price, do we all have to sit by our screens anxiously waiting for the next WSO so we can get it for the lowest price.

No, most of us don't do that. We don't buy every WSO that comes around because we are busy working on our own business. We only buy WSOs that contribute to what WE do - and a few bucks one way or the other isn't a biggie.

kay
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- FredJones 13 years ago
  
  Fortunately or unfortunately, like it or not, that's how the marketplace works even inside the Warrior Forum. The earlier you act, the cheaper you get your product or service. It is simply a mini-model of how many of the worldwide marketplaces work, and it is not surprising at all.
  
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- Michael Shook 13 years ago
  
  We live in a marketing world. Almost everywhere we go we see some kind of marketing. I sat at the traffic light one day and while I was waiting for the light to change, I counted the various marketing messages around me. I was up to 124 when the light changed. These were all kinds of marketing messages from logos to business signs to the sign waving guy on the corner. We just live in a marketing world and price discounts are just a marketing tactic.
  
  We are on a marketing forum, what an excellent place to test out various marketing strategies.
  
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- JohnMcCabe 13 years ago
  
  Brian, you carped about this two years ago, so at least you are consistent.
  
  There are many reasons to have multiple price levels.
  
  You mentioned a zoo in Thailand and the Florida Disney parks. Add most of the businesses in Hawaii which might appeal to tourists. The first time we were there, a local friend bought a lot of the tickets we used at a pretty good "kama aina" discount.
  
  In all three cases, the motivation is likely the same - without the discount, you don't get the local customer. Period. It's not about screwing the tourists.
  
  Think about that discounted airline ticket, or hotel room, or car rental. If the seat, room or car goes unused, it's an opportunity gone forever. Better to get something for it than nothing, even if it means two people sitting side by side paid wildly different prices.
  
  In the WSO forum, fast action by buyers has demonstrated value. As time goes by, that value goes down by definition (it's no longer 'fast action' at some point). Sellers essentially "buy" that value by offering discounted prices to early adopters.
  
  The solution is really simple, though. If you hate the way a seller sells, don't buy from that seller. If you think the offer has enough value that you buy it anyway, suck it up. A rant like this, plus a dollar, will get you a cup of coffee from the Mickey D value menu...
  
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- Scott Ames 13 years ago
  
  Everything should be $97... that's my vote. $97 Mercedes, $97 ebook, $97 House, $97 socks.
  
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Tsnyder

13 years ago

I'm trying to remember the last piece of information
that earned me $10,000 that I would have passed on
if the price were $10 higher because I didn't see it
early enough.

I can't think of one.

Tsnyder

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jackpot9

13 years ago

Originally Posted by sayu88

I vented on Mike's WSO today, and didn't mean to pick on him. But, I hate all these different price levels.

Who wants to sit next to someone on a flight and find out they paid half of what you paid? Who enjoys the concert more knowing those up front got in free?
and Who likes paying more for the same information?

I know it's all about motivation - but I'm plenty motivated as it is for quality information.

After awhile it gets old though to continually read about others who received 'review copies' and still others who got in on the first round of pricing and here I am reading about this offer a little too late once again.

I just think this whole system of price levels stinks. Brings back feelings of visiting the Zoo in Thailand and realizing they had two price levels. One for me (foreigner) and one for locals. Of course mine was double the local price. That - my friends - was price discrimination. Even Disney participates in this when they offer tickets to Florida residents for less. They can try to justify it with the tax talk, but it's still the same thing.

I never did visit that Zoo.

In this new world of customer relations, we shouldn't have such price levels. I value quality information enough to pay the going rate, I just hate the fact others are getting in for less. Having said that, I can see how someone might benefit from offering their information on a review basis to get feedback. Once they get the go-ahead, there should just be one price for us Warrior members and let this forum reviews support or reject that price level. Then, they can go out to market at whatever price suits them best.

In my business I teach my customers to listen to their market and let the market tell them want it wants and needs.

Thus, my bitch as a customer in this marketplace.

Why can't we - as members of this excellent Warrior Forum, all experience information at the same price and not play favorites?

Hi!

I hate price levels like you do, but not the type in WF that you talked about.

The price level that you are referring to is definitely fair for both consumer and businesses, as explained by many above me.

The type of price level you should hate is when you just bought something for X dollars, and when you go back to the website and leave the page, you found out the pop up asks you to press cancel and gives you a 10 dollar discount, making you feel punked.

From a long-term busines point of view, one rewards early birds (good) and the other rewards leavers (and makes your customers feel like fools) (bad).

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Frank Donovan 13 years ago

@ The OP,

The only question you need to ask yourself is "did I get value for the price I paid?" If yes, then what does it matter what anyone else paid?

There'll always be people better and worse off than you. If you go through life constantly comparing yourself to others and letting any perceived disparities affect you, it will be hard for you to ever feel contented.

Let it go.

Frank
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- sayu88 13 years ago
  
  Appreciate all your comments.
  
  I'm just not good at shopping and don't use coupons.
  
  I'll take the suggestion that this IS a marketing forum and IS the place to test pricing and leave it a that.
  
  The best in 2011.
  
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  Brian DesLauriers
  YouTube Your Business
  
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Dennis Gaskill

13 years ago

Originally Posted by sayu88

I just think this whole system of price levels stinks. Brings back feelings of visiting the Zoo in Thailand and realizing they had two price levels. One for me (foreigner) and one for locals. Of course mine was double the local price. That - my friends - was price discrimination. Even Disney participates in this when they offer tickets to Florida residents for less. They can try to justify it with the tax talk, but it's still the same thing.

Most restaurants here give senior citizen discounts. Keyword is discounts.

If you give everyone a discount then it isn't a discount, is it? That would simply be a lower price. Would you prefer everyone pay a higher price? That seems kind of selfish to me.

The tiered price structure is a discount to early movers. It helps get the ball rolling on sales. It's not discrimination. If you're there on time you can get the discount. You're not denied because of your location, age, or anything else. You've got the same chance as anyone else.

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Ken Leatherman

13 years ago

Hey Brian

May your early bird discounts bring you a much more prosperous 2011.

In fact you will be happy to know you impacted at least one person I know, that is contemplating using the "Early Bird" tactic. Or rather I should say this person is now rethinking about using it.

Frankly I honestly hope this person uses it. In fact I'm so firmly convinced it is the
right thing to do, I'm sending this link to the person now.

It seems the post in this thread are fully for it. IMO.

Ken Leatherman

The Old Geezer

Yea! for senior citizen discounts and early bird specials

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Black Hat Cat

Banned 13 years ago

Originally Posted by sayu88

Brings back feelings of visiting the Zoo in Thailand and realizing they had two price levels. One for me (foreigner) and one for locals. Of course mine was double the local price. That - my friends - was price discrimination. Even Disney participates in this when they offer tickets to Florida residents for less. They can try to justify it with the tax talk, but it's still the same thing.

I never did visit that Zoo.

So, it brings back bad feelings of the time you visited a zoo that you never did visit?

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Tsnyder

13 years ago

I just think this whole system of price levels stinks. Brings back feelings of visiting the Zoo in Thailand and realizing they had two price levels. One for me (foreigner) and one for locals. Of course mine was double the local price. That - my friends - was price discrimination. Even Disney participates in this when they offer tickets to Florida residents for less. They can try to justify it with the tax talk, but it's still the same thing.

I never did visit that Zoo.

The only truthful response that comes to me for this quote is
how sad that someone would deprive themselves of a wonderful
experience over something as trivial as a few dollars.

Tsnyder

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CDarklock

13 years ago

Originally Posted by sayu88

After awhile it gets old though to continually read about others who received 'review copies' and still others who got in on the first round of pricing and here I am reading about this offer a little too late once again.

If you want review copies of my WSOs, you have to be popular and influential enough in this community that I care about your review. Or, on the other hand, you can just be a close personal friend.

If you want early-bird pricing on my WSOs, you have to get on my list and actually read my emails when they arrive, so you know about them before they're over. Or - again - you can just be a close personal friend.

So while I can't speak for everyone, in my case, you are ultimately in control of whether these things happen.

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The Kid 13 years ago

Uhm, wow... all I can say is your Zoo analogy/example/whatever is waayyy off base and, as someone who used to live in a developing nation, that makes it very hard for me to sympathize with you.
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- alwaysready 13 years ago
  
  Loved examples so much , i mean who doesn't agree ? i Hate personally these kind of levels , paying more for the same information is awful and valuing quality is always the right thing , but they don't care sometimes ? talking about these points is interesting actually ! well done , and by the way , one day , you will go to that zoo ..... but you'll pay more ,sorry haha
  
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I Hate all these different price levels

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