Quote:
Originally Posted by DaMac
It's all very niche at that price though, bit of basic buisness for you, at £200 maybe 2% of virgin customers would have it installed, at £100 probably 20%, iam aware that these units are quite costly to produce but if you have units lying around then you are loosing money. Pile em high and sell em cheap.
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Spot on, I am pleased to see there's someone else around with a grasp of economics after my post on the forgone revenue from all of the give aways a few weeks ago. I presume few people here understand the phrase "price elasticity of demand"? ( For those that want to read-up
http://en.wikipedia.org/wiki/Price_elasticity_of_demand ).
Right we're up to five positives now, anyone else? Soon there might be more yes-es from real live paying customers than those VM staff on the thread with TiVos on heavy discount.
