Re:Cash Cow Disease: The Cognitive Decline of Microsoft and ...
by kenjackson on Friday December 17, 2010 @03:21PM
(#2017607)
I'm sure they'll make plenty of money, no disagreement there. My point is that I don't think they can charge much more than $5. Consumers just don't value software enough to pay that amount. The people that complain about a $10 app w/ this functionality will have no problem paying an extra $20,000 for the top line package on a new car. Or $20 for a T-Shirt. Or will pay an extra $2,000 to upgrade to 1st class on that foreign vacation.
For most people software has the value of a Happy Meal prize.
Re:Cash Cow Disease: The Cognitive Decline of Microsoft and ...
by kenjackson on Friday December 17, 2010 @07:36PM
(#2018483)
BTW, here's a review of the product.
http://gigaom.com/mobile/augmented-reality-translations-word...
read the last line of the WordLens review... "A price cut would also help a lot." $5 is too much to pay for this app! A medium caramel frappucino from Starbucks is almost $5!
It just seems like over the past 20 years I've seen this evolution of programmers building intricate valuable product, to now it being generally viewed as disposable crap... even the best stuff. It only has value when coupled with HW or is a service.
By keeping the cost lowish, they're discouraging immediate competition, but can still make a large profit if they market it right. And that video certainly looks like the right marketing to me!