homepage Welcome to WebmasterWorld Guest from
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / WebmasterWorld / Ecommerce
Forum Library, Charter, Moderators: buckworks

Ecommerce Forum

Price Sensitivity

10+ Year Member

Msg#: 3860779 posted 5:29 am on Mar 2, 2009 (gmt 0)

Challenging times, yes...We started our business as a B&M in 1992, so we went through similar times already...

Curious as to who else see's this pattern..
I.E. products priced in the $500 range...very few want o buy here, but, discounted to $350, and we have the volume again...luckily we have 45% margins bulit in so a 30% discount is still profitable...

My take is the people who wanted to spend 12 months ago, still want to spend, only, they now expect a deal and, will wait indefinatly until they get one , to spend the money the have...



WebmasterWorld Senior Member piatkow us a WebmasterWorld Top Contributor of All Time 5+ Year Member

Msg#: 3860779 posted 1:27 pm on Mar 2, 2009 (gmt 0)

Did you just cut the price or did you explicitly show a $150 discount on a $500 product?

People are looking for better deals but they also associate price with quality. I suspect that a publicised $150 discount will do a lot better than simply cutting the price by $150.

Global Options:
 top home search open messages active posts  

Home / Forums Index / WebmasterWorld / Ecommerce
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved