A pricing strategy
Latest update:
"Choose what you pay strategies have mostly been used by charities
and artists, however (especially when the product has low marginal
cost). I have difficulty understanding how a choose what you pay
strategy makes sense for a shoe company—but here you go."
http://marginalrevolution.com/marginalrevolution/2016/10/odd-pricing-strategies.html
My favourite comment:
"I used that strategy with my boss. I told him I was worth 10K an
hour, marked down the price to 5K an hour and then gave him 3
choices as to what he could pay me — 2K, 3K, or 4K an hour. I got
fired."
Tags: quote
Authors: ag