Speaking of the removal of crown crates...

OrdoHermetica

Voxicity wrote: »

I don't buy the ''lower prices = more people buying = more money'' argument. Don't you think if that was the case, ZOS would have followed this rule? I mean what's the point in them putting the prices high on things if it annoys the community AND makes them less money?

You're assuming their sales and marketing teams always make the right decisions. That's quite the assumption to make, given how many companies - within the gaming industry and without - make terrible sales and marketing decisions all the time, including very big and otherwise profitable companies. EA is a great example, given the topic of the thread.

WarMasterCyp

Voxicity wrote: »

I don't buy the ''lower prices = more people buying = more money'' argument. Don't you think if that was the case, ZOS would have followed this rule? I mean what's the point in them putting the prices high on things if it annoys the community AND makes them less money?

As a person who has been in the business world I can tell you that lower prices = higher sales.

High prices = niche market meaning only a small percentage can afford to buy them which in return means lower profit

Come on dude, its common knowledge.

LanceFoxMcCloud

Knowledge wrote: »

This thread is likely a divisive thread seeking to get reactions.

Did the pot just call the kettle black??

Voxicity

WarMasterCyp wrote: »

Voxicity wrote: »

I don't buy the ''lower prices = more people buying = more money'' argument. Don't you think if that was the case, ZOS would have followed this rule? I mean what's the point in them putting the prices high on things if it annoys the community AND makes them less money?

As a person who has been in the business world I can tell you that lower prices = higher sales.

High prices = niche market meaning only a small percentage can afford to buy them which in return means lower profit

Come on dude, its common knowledge.

So why are ZOS continuing to increase prices? With no sign of slowing down?

I don't care if you're "in the business world", clearly ZOS is doing something right, or they would have changed their system to the one you're talking about by now. They are a business so maximizing profits is their priority.

josiahva

What is wrong with people? There is nothing wrong with crown crates. If you don't want to spend money on them...DONT! They have nothing in them other than cosmetics and utility items anyway. Do you really need some burning wolf? Or putrid green camel? If you want those things...go buy your crown crates, if you dont want those things...dont. I for one dont spend any money on the things. If they give them to me for free, great, but why would I waste real money on that junk? I have a ton of mounts already, I dont need more.

DaveMoeDee

WarMasterCyp wrote: »

Voxicity wrote: »

I don't buy the ''lower prices = more people buying = more money'' argument. Don't you think if that was the case, ZOS would have followed this rule? I mean what's the point in them putting the prices high on things if it annoys the community AND makes them less money?

As a person who has been in the business world I can tell you that lower prices = higher sales.

High prices = niche market meaning only a small percentage can afford to buy them which in return means lower profit

Come on dude, its common knowledge.

Sure. They are just idiots and you have figured out how they should run their business. No chance of Dunning-Kruger.

You assume a very elastic market. You have no idea how elastic the market is. You also say nothing about the effect of commonness on desirability of cosmetics. You say nothing about the fact that each mount is, to a degree, competing with each other mount.

One thing about "common knowledge" -- it is often very naive and inaccurate.

Nyladreas

DaveMoeDee wrote: »

WarMasterCyp wrote: »

Voxicity wrote: »

I don't buy the ''lower prices = more people buying = more money'' argument. Don't you think if that was the case, ZOS would have followed this rule? I mean what's the point in them putting the prices high on things if it annoys the community AND makes them less money?

As a person who has been in the business world I can tell you that lower prices = higher sales.

High prices = niche market meaning only a small percentage can afford to buy them which in return means lower profit

Come on dude, its common knowledge.

Sure. They are just idiots and you have figured out how they should run their business. No chance of Dunning-Kruger.

You assume a very elastic market. You have no idea how elastic the market is. You also say nothing about the effect of commonness on desirability of cosmetics. You say nothing about the fact that each mount is, to a degree, competing with each other mount.

One thing about "common knowledge" -- it is often very naive and inaccurate.

I don't even know where to begin with this post please never start a business. It's for your own good.

TelvanniWizard

Voxicity wrote: »

I don't buy the ''lower prices = more people buying = more money'' argument. Don't you think if that was the case, ZOS would have followed this rule? I mean what's the point in them putting the prices high on things if it annoys the community AND makes them less money?

Or...perhaps is ZOS blinded by its greed?

Ok, no, it´s clear that somehow they think this market model (as dirty and despicable as it is) is worth it. But they perhaps could try giving us some nice permanent stuff in the legitimate crown store and see what happens. I bet that results would be surprising for them. People is willing to spend (normal people, get this, not those rich whales).