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Any idea of which is the most expensive liquid sold in supermarket ?
A 100 ml bottle of perfume, let's say Chanel n°5 (for the eau de parfum, not the least expensive indeed !) is currently sold 90€, for a 900 € per liter.
No, these fluids are quite cheap if you compare them with ... ink print ! Have a look at your standard ink cartridge and look at the volume : you get around 3000€ per liter !
Of course, the price is not justified by the rarity of the ink but by the smart business model in which the hardware is sponsored by the consumible. That's also why a cup of coffee costs you at home 0,05cts, a Nespresso 0,3 cts, 2€ in a restaurant and 4€ at Starbucks...
Smart pricing : fix the price for the value you offer taking account the willingness to pay of your customers and not for the cost you deliver...
1 comment:
New pricing systems sometimes are difficult for customers to understand. For instance, a former professor told me how customers reacted when train companies decided to switch from a price based on distance to a price based on booking (what we call the Yield Management). This is interesting to see though how printer companies set up for customers a high barrier of entry for competitors, in order to generate a lucrative business model.
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