/ic/ - Artwork/Critique

>>5231242
Actually, at some point it gets too cheap and people stop buying.
there's a whole theory of pricing and that's absurd even for physical goods with simpler accounting involved.
say a guy says he'll do for 5$ what everybody else charges 30 for. Most people will immediately think he's a fraud or something will go wrong, and still go for the 30$ people until another guy comes out and charges 25, which is less but still in the same range, giving the impression customers get the same quality for less.

It's like off-brand electronics, there's a dozen chinese companies making fuckhuge TVs for a third of the price Sony or LG want, and while obviously they aren't as good, you'd think the box is full of anthrax given how reluctant customers are to buy them, even poorfags would rather go into debt for a Panasonic than just buy some random TV and maybe an android box to go with it.

>>5079089
Of course there is. Furfags are probably the only ones who didn't get fucked over by the pandemic making normies less likely to drop 20$ for their waifu while furries are only getting hornier with isolation, but I'm using a niche market for the example.

Now there's all kinds of stuff that goes into pricing, and all kind of black magic to help people price shit in a given market, I'm just too lazy to post about it on the art board.