Originally Posted by Ump153 (Post 619140)

But I have to admit, I am entertained by your willingness to go on and on and continue to demonstrate that you are clueless at the same time. So, please, feel free to go on and on some more.

Originally Posted by Ump153 (Post 619140)

When lowering a price by 50%, expense are not lowered and sales must double to avoid a drop in revenue.

I have been involved in marketing in the entertainment and industrial fields for over 20 years. I have my MBA. I am not guessing.

Originally Posted by Ump153 (Post 619140)

Either you can't read, or simply refuse to accept the fact there are others who know more than you do. No one is guessing but you.

Your knowledge of pricing is apparently based on what you see in commercials. Be sure to order now and get the paring knife for no extra charge.

No one said anything about "what the market would bear." A price study is far more than that and takes expenses, including production, promotion, distribution and other factors such as size of the target population and their demonstrated willingness to choose product over money into account. It is more than, "Gee, I bet if we lower the price thousands more would buy the product."

Umpires who visit sites such as this are not the norm in amateur umpiring. The majority of amateur umpires do not go to clinics, do not purchase study materials and do not post at umpire sites.

Lowering the price does not lower expenses and most, yes, most, products do not realize the significant increase in sales you estimate when prices are lowered.

When lowering a price by 50%, expense are not lowered and sales must double to avoid a drop in revenue. This manual is in its first and most expensive run. It is totally illogical and unreasonable to expect a deep discount of any publication in its first run.

I have been involved in marketing in the entertainment and industrial fields for over 20 years. I have my MBA. I am not guessing.

But I have to admit, I am entertained by your willingness to go on and on and continue to demonstrate that you are clueless at the same time. So, please, feel free to go on and on some more.

Originally Posted by DG (Post 619150)

I don't have an MBA but I have a calculator. Let's say the book costs $20 to produce and sells for $70. If 1000 are sold the "profit" is $50,000. Revenue is $70,000, but revenue is not the goal, profit is the goal.

Let's say we cut the price in half, the book still costs $20 to produce and if twice as many people buy it due to half off price the Revenue is $70,000 and profit is $30,000. Sales would have to more than triple (3.3333 to be exact) to get the same profit for a price cut in half.

I also expect that the more books are produced the production costs are lowered, but production costs would have to be cut in half for half price reduction in purchase cost and corresponding doubling of purchases to result in same profit.

Originally Posted by Kevin Finnerty (Post 619152)

I fully understand your standpoint, because it's mine. But have you seen this book? The production was somewhat cut-rate. It did NOT cost $20.00 to produce. Not close, really. That's the initial reasoning behind my contending that it should be sold at a lower price---it's not a very high quality (or costly) publication.

I guess we should all be glad it's cheaply made or we'd all be paying $120.00 or so.

Originally Posted by Kevin Finnerty (Post 619151)

... You often result to projecting and crude name-calling. This is no exception. Clueless? Me? Really?