Sorry mate this is not some special fight club logic. It’s not even really accounting or economics logic, it’s just kinda common sense.
What price should I sell my lemonade for? I’ll have more customers if I sell it cheaper…
The part which seems lost on most commenters is that these companies have huge and very sophisticated market research campaigns. They can predict with great accuracy how their demographics will respond.
tony@lemmy.hoyle.me.uk 1 year ago
That’s literally what they teach you about basic economics at school…
The standard graph of price increasing on one side and customer demand decreasing on the other, and how companies try to find the crossover point.