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I had the pleasure of speaking with Jim prior the publication of his new manual. Pricing wasn't done willy-nilly. A survey was conducted of umpires, testing different price points. Additionally, the costs of different quantities of the first run were considered. Not to mention the cost, time and material that went into the writing and compilation. As most marketing execs understand, lower pricing does not always result in a sufficient increase in sales to counter the reduction. Also, Jim understands his market enough to realize the those umpires willing to pursue education and invest in materials to improve their craft, despite the internet, remains a small portion of the total number of umpires. While you seem to portray yourself as an expert on everything that gets discussed, there are others who know what they are doing. If you are unhappy, you have two choices. Fix the problem or continue whining. Last edited by Ump153; Tue Aug 04, 2009 at 09:10pm. |
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It's a really detailed, well organized manual. Wow! Great stuff. Don't want to put it down long enough to send it back. Quote:
And it's the first thing I thought of when I saw this late last year when it first came out ... just like you described! Another $70.00 college text book! Quote:
And Jim and his analysts would all make considerably more money, and more umpires across the land would benefit from this marvelous manual and its thorough and well-organized lessons. That's my educated guess, not an expert opinion. Last edited by Kevin Finnerty; Tue Aug 04, 2009 at 10:31pm. |
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Maybe he wasn't trying to replace the Red Book. Maybe he was just trying to make a pitch to serious umpires about his camp. Who knows. Its his buisness decision, and your consumer decision to buy it or not. He doesn't tell you whether or not you should buy it at that price, perhaps you shouldn't tell him what price he should sell HIS possessions at. |
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But it's a well-educated guess, unlike yours: "As most marketing execs understand, lower pricing does not always result in a sufficient increase in sales to counter the reduction."
Oh, they do?? Well, look around you! Now, in this case, one of us is wrong about whether Evans's book would enjoy greater sales and greater impact if it were priced reasonably. Why don't you take a guess who that is. |
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No one (I don't think) disputes that sales increase as the price decreases. There's also the matter of the value words "priced reasonably." Some might think that $120 is "reasonable" for the product. Other's might think that $120 is high, but $80 is reasonable. You think that $80 is high, but $40 (or some such number) is reasonable. I think it would be reasonable for him to pay me $80 to read it. It's not really any different from the discussion about the titanium masks. For you "spending a game check" to get the mask was worth it -- the price (or in this instance the price difference) was reasonable. For others it wasn't -- but you seemed to have a hard time understanding that (or at least that's how I interpreted / remember your posts). Now you seem to have a hard time understanding (again, my reading of your posts) how someone can view this purchase at this price as reasonable. To be clear, I understand how / why you came to those conclusions for you and for your values. But, I also understand how others might come to a different conclusion on one or both items, for their values (and for where they are in their umpire career). |
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__________________
Matthew 15:14, 1 Corinthians 1:23-25 |
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The key word to those of us who ARE marketing executives is "always." Often, a 50% reduction in price does not result in the doubling of sales, which would be required for revenue to stay the same. If this is to hard for you to understand, I have some reasonably priced basic marketing texts I could give you. Again, unlike your opinion, these matters were studied and decisions were made based on facts. |
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My guess is that they priced out more of the segment than they should have, and they are going to sell significantly fewer copies, and make significantly less money, strategically limiting sales. Look around you. Have you noticed how that same what-the-market-will-bear strategy has been working in other industries? I have. It's okay; Evans doesn't need to sell very many books. And he won't Last edited by Kevin Finnerty; Wed Aug 05, 2009 at 09:24pm. |
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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. |
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