02-08-2003, 09:36 PM
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Executive Editor
Join Date: Aug 2006
Posts: 29,160
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FlexWallet on Sale for $4.95 - This Weekend Only...Again... ;-)
Two Peaks Software is at it again! They've dropped the price of their digital wallet bundle (both Pocket PC and desktop) from $19.99 to $4.95. You can read my thoughts on this deal from last weekend. If you missed it last weekend, here's your change to snap this great deal up! (affiliate)
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02-08-2003, 09:41 PM
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Intellectual
Join Date: Mar 2006
Posts: 145
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why don't they just change it to the permanent price already? :wink:
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02-08-2003, 09:43 PM
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Executive Editor
Join Date: Aug 2006
Posts: 29,160
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Quote:
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Originally Posted by Jet8810
why don't they just change it to the permanent price already? :wink:
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It's all about the laws of supply and demand - complex economic stuff. :wink:
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02-08-2003, 09:52 PM
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Thinker
Join Date: Jun 2006
Posts: 426
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I have e-wallet and would like to try out Flex Wallet. Can I convert my data file (*.wlt) from one to the other?
I doubt they are compatible but thought I would check anyway. I hate the thought of reentering all that data!
Mike
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02-08-2003, 10:10 PM
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Pupil
Join Date: Sep 2003
Posts: 10
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I'm not an expert on how software companies determine their price points, but it would be interesting to see some elasticity numbers resulting from these types of pricebreaks from $20 to $5. My guess is that a heck of a lot more users wouldn't think twice about spending 5 bucks on a software title, but those same users may balk at shelling out 20 bucks if they're not convinced the value is there. If there really is elasticity, wouln't it make sense from a distribution and penetration standpoint to sell 1000 copies at $5 each instead of of 250 (or fewer) copies at $20 each? Wouldn't you want to get your software into the hands of as many users as possible? Of course, maybe I'm way off base and totally misjudging the whole elasticity thing. Any software developers out there that can shed some light on this?
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02-08-2003, 10:13 PM
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Pontificator
Join Date: Feb 2002
Posts: 1,023
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Supply and demand? Erm... we're talking 1's and 0's here... they're unlimited. Unless you really think they hand code then uniquely compile each and every copy of the app. :wink:
I hate to say it, but I don't like it when a company can't keep it's word on price. If something is a limited offer, it should stay a limited offer. When they keep doing this "One more time!" thing, it becomes a used car dealership. What's more, they said $19.95 was a limited deal, implying it would go up in cost. Not only have they never done that, they've now dropped it to sub $5.00 twice. Bordering on false advertising here.
That said, this is an excellent program and well worth the money. $5 or $20 or $25. If you haven't brought it yet, do so. At any rate, how about changing the title. "This weekend only! (maybe, we think... it was last weekend too... but we don't know about next weekend. So probably. Perhaps.)"
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02-08-2003, 10:41 PM
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Executive Editor
Join Date: Aug 2006
Posts: 29,160
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Quote:
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Originally Posted by Rirath
Supply and demand? Erm... we're talking 1's and 0's here... they're unlimited. Unless you really think they hand code then uniquely compile each and every copy of the app.
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Doesn't matter - buying/selling will always be about supply and demand even if it's a digital product. In this case, the supply is unlimited, and the demand is not based upon the scaricity of the product, but upon the perceived need for the product. Two Peaks has an unlimited supply, but not an unlimited demand. The trick is generating demand, and cutting prices is one way of doing that...
Quote:
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Originally Posted by Rirath
I hate to say it, but I don't like it when a company can't keep it's word on price. If something is a limited offer, it should stay a limited offer.
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<shrug> It's marketing. That's the way the game is played. :wink:
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02-08-2003, 10:50 PM
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Thinker
Join Date: Jun 2006
Posts: 426
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Prices bounce up and down all the time. Companies have their reasons; be it needing capital, desire to reduce inventory, need to make room for the next upgrade, etc... Usually I don't care about the reason, unless I'm a stockholder. Mostly, I just want the deal.
Jason's right, it's marketing. Personally, as long as a company sells me it's product at the advertised price, I'm not offended if it's a "limited time" price that's been "limited" for six months. I don't necessarily consider that misleading either.
I say this all the time, but I'll say it again, "What a great time to be in PPC!" $140 1gb CF cards, great $5 software, $250 Axims..... I love it!
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02-08-2003, 10:53 PM
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Pupil
Join Date: Nov 2004
Posts: 10
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Its a great way to increase your rank on the Handango Site! :wink:
Take advantage of the price folks..its worth the $5.00
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02-08-2003, 11:11 PM
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Ponderer
Join Date: Jun 2006
Posts: 58
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I understand the "marketing" of the deal, but they probably shouldn't be doing this for many more times.
* When you buy something for $20 and two days later it's available for $5 (and you can't get the price difference back), you're understandably cheesed off. Keep doing that for a number of times and you alienate a sizable chunk of your customers.
* If it becomes a regular thing, people are going to wait until you have the sale before they buy the product.
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