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Aella_Girl's profile
Aella
Aella
Aella
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@Aella_Girl

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AellaVerified account

@Aella_Girl

whorelord http://aella.hns.to 

Austin
knowingless.com
Joined September 2012

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    1. Aella‏Verified account @Aella_Girl 13 Sep 2019

      Luxury items often have a waitlist to buy. Why don't companies simply price the luxuries higher until they don't need a waitlist?

      28 replies 0 retweets 36 likes
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      Aella‏Verified account @Aella_Girl 13 Sep 2019

      And if it's just marketing, then what's the frame or explanation they use to tell customers why they're using a waitlist instead of raising the price?

      4:35 PM - 13 Sep 2019
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      13 replies 0 retweets 15 likes
        1. New conversation
        2. elsewherebound‏ @chernobylski 13 Sep 2019
          Replying to @Aella_Girl

          Because it's not fully 'sophisticated' agents, and even though high price is an important factor for purchase, you can't tell your customers 'the price is arbitrary' - unspoken agreement is that price is still linked to inherent value That's why 9999$ apps don't sell

          1 reply 0 retweets 1 like
        3. visa is stretching (hips)‏ @visakanv 14 Sep 2019
          Replying to @chernobylski @Aella_Girl

          8 people bought a $999.99 app that did nothing, before Apple took it off the App Store https://en.m.wikipedia.org/wiki/I_Am_Rich 

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. disgruntled unary minus sign‏ @babarganesh 13 Sep 2019
          Replying to @Aella_Girl

          Because they don’t have full market information and also don’t ever ever ever want to have to lower prices later if demand becomes less stratospheric

          0 replies 0 retweets 3 likes
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        1. Alexandros Marinos‏ @alexandrosM 13 Sep 2019
          Replying to @Aella_Girl

          They're doing both. At the high end, speed does not equal higher price.

          0 replies 0 retweets 0 likes
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        1. Ben‏ @BenKnill 13 Sep 2019
          Replying to @Aella_Girl

          When waiting in line one tends to mix blame between the seller and the other customers. For high prices, all the blame goes on the seller. You are uncertain if high prices save you time in a given instance, but certain that they cost you money.

          0 replies 0 retweets 0 likes
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        1. James MacFadden‏ @jimmy_macfadden 13 Sep 2019
          Replying to @Aella_Girl

          Scarcity is its own sort of value. If there's a waitlist people are always going to try to get on it. Pricing it higher ends up being a tightrope balancing act that might cause them to lower it later, damaging value perception.

          0 replies 0 retweets 4 likes
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        1. Will Rosecrans‏ @forkazoo 13 Sep 2019
          Replying to @Aella_Girl

          The wait-list is exactly a thing they use to raise the price. If it wasn't exclusive it wouldn't be perceived as being so valuable in the first place. Part of what you are paying for is the fact that your social frenemies can't easily get one like yours.

          0 replies 0 retweets 0 likes
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        1. Paul Crowley‏ @ciphergoth 13 Sep 2019
          Replying to @Aella_Girl

          Only a tiny fraction will ever question it. You just say "demand is so high, there's a waitlist", and almost no-one will think "that makes no sense".

          0 replies 0 retweets 8 likes
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        1. alth0u  🤸‏ @alth0u 13 Sep 2019
          Replying to @Aella_Girl

          Often it's a scaling issue. If you can raise more capital based on proven demand, you can then fulfil those actual demands for a lower cost, increasing your margins

          0 replies 0 retweets 0 likes
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        1. Fatuous Pauper‏ @basedc1 13 Sep 2019
          Replying to @Aella_Girl

          Beyond the extremely obvious cachet angle, true luxury goods do take time to make. Sometimes sourcing the materials is a big bottle neck.

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