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· [IN PROGRESS] NA megaservers for maintenance – February 23, 4:00AM EST (9:00 UTC) - 12:00PM EST (17:00 UTC)
· [IN PROGRESS] EU megaservers for maintenance – February 23, 9:00 UTC (4:00AM EST) - 17:00 UTC (12:00PM EST)
· [IN PROGRESS] ESO Store and Account System for maintenance – February 23, 4:00AM EST (9:00 UTC) - 12:00PM EST (17:00 UTC)
Speaking of the removal of crown crates...
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OrdoHermetica✭✭✭✭✭
✭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.Edited by OrdoHermetica on March 18, 2018 8:11PM2 -
WarMasterCyp✭✭✭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.1 -
Voxicity✭✭✭✭✭
✭✭✭✭✭WarMasterCyp 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.Edited by Voxicity on March 19, 2018 2:28PM1 -
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.0 -
DaveMoeDee✭✭✭✭✭
✭✭✭WarMasterCyp 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.1 -
Nyladreas✭✭✭✭✭
✭✭✭✭DaveMoeDee wrote: »WarMasterCyp 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. 0 -
TelvanniWizard✭✭✭✭✭
✭✭✭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).0
