How to price something

Jason Fried:

The only answers that matter are dollars spent. People answer when they pay for something. That’s the only answer that really matters.

So true.

  • DanielSw

    This is how I operate, too. Apple products are good examples, as we’ve never bothered to “shop around.” On the other side of the coin, if we don’t have the money, we either save up or wait until we’ve made it before we buy.

    Another more dramatic example is our Segway PTs. We got one new and one used. New ones are $6K, used was $4K, both of which may seem absurdly over- priced to many.

    From the beginning over seven years ago, we saw the value: cost savings over the costs of the second car we had and got rid of; greener transportation; lots of fun; etc.

    This is also a much better buying attitude against the incessant ” buyers’ remorse over companies’ frequent product upgrades. In the here and now, ask yourself honestly if you’re satisfied with the product’s features, and does the price seem fair. If so, buy, and no regrets! Move on. The incident is already in the past.