Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by akuji1993 on Thursday February 20, 2020 @05:38AM
(#22374100)
There actually is a German DIY store that went bankrupt because of this practice. Their slogan was "20% off everything except animal food." Since it was pretty much always 20% off, nobody bothered going for any sale. Instead they only went when they really needed something or chose a different store because of their stupid slogan. Closed down a few years back. Having a constant sale doesn't seem to help your sales apparently.
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by jcrites on Thursday February 20, 2020 @06:46AM
(#22374367)
Related lesson learned from JC Penny’s shift in pricing strategy: https://mmrstrategy.com/lessons-in-pricing-strategy-from-jcp...
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by Gene_Parmesan on Thursday February 20, 2020 @12:40PM
(#22376844)
However here in the states, Kohl's has been surviving kind of on this strategy alone. The quality of the clothes is actually quite low, but they price them at "normal" prices and then almost constantly have massive sales -- 20%, 30%, even 40%. My mom will in fact refuse to shop there until there's at least a 30% sale.
Meanwhile the value-accurate price of the clothes IS that prices that's actually 40% off, but she thinks she's getting a steal.
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by matsemann on Thursday February 20, 2020 @04:46AM
(#22373879)
I noticed a course this weekend I was a bit interested in. And they said it was 94% off. 150 NOK ($16) instead of 2350 NOK ($250). It was some kind of offer that would expire this weekend, and I had "9 hours left" or something to get it at that price. I actually wrote it down because I had the same feeling of being manipulated.
You made me check, it's still 94% off at the 150 NOK price. Now it's some kind of offer that lasts until Feb 21. Will be interesting to see what the price is in two days..
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by busymom0 on Thursday February 20, 2020 @05:17AM
(#22374012)
Been following courses on their site for a while. Those 95% or $10 offers are around almost all year round. I have bought courses at random times and have never ever paid more than $20. They are fishy about the pricing but I personally did find the courses valuable.
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by matsemann on Saturday February 22, 2020 @05:17AM
(#22390257)
An update to this: The offer expired yesterday. Then I however was prompted that the normal price was 2350 NOK, but as a new user I could get it for 150 NOK for the next X hours. So just a new offer with the same price lined up after the first expired.
Earlier today I checked, and then the price was back at 2350 NOK. However, checking again now a few hours later, it's again a new offer for 150 NOK as a new user. And if I log in, it's 250 NOK without any mention about why, just a "90% off!" tag.
So yeah, the full price is a fake one.
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by matsemann on Monday February 24, 2020 @03:45AM
(#22402571)
Update again: The last 150NOK offer is now over. There is however a new campaign where I can buy it for 163NOK for the next 4 days.
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by patlola on Thursday February 20, 2020 @04:57AM
(#22373933)
maybe they should understand the point that people who really want to buy courses don't look for sales.
I never bought a technical/educational book in my life till just because it was on sale
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by 0x1221 on Thursday February 20, 2020 @05:58AM
(#22374173)
Also, opening their front page at the same time from different browsers can show completely different discount levels. And those will be different still from the prices that you see when you log into your account.
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by sprafa on Thursday February 20, 2020 @04:22AM
(#22373806)
They used to be in the hundreds range, but for a few years now Udemy has been on a constant sale. They used to go up and down from the sale but I haven’t seen them go up anymore for ages.
Re:Udemy raises $50M at a $2B valuation from Japanese publis...
by Dansvidania on Thursday February 20, 2020 @04:52AM
(#22373914)
I have stopped considering Udemy for my online learning exactly for this reason.
Looking at their offering now, all of the courses are priced between 10 - 13 euros, but each one seems to be "on sale" with the actual price being in the hundreds of euros.