Ten pages back.

"His goal is more than just topping GM and Toyota financially. By 2018 Volkswagen will be “the world’s most profitable, fascinating and sustainable automobile manufacturer,” Winterkorn says, with annual sales of 10 million vehicles and a pretax profit margin of 8% or higher, compared with the modest 6% on sales of 6.2 million cars and trucks worldwide when he took over in 2007. "

Current Issue of Forbes Magazine.


Pricing affects perception which affects sales.  The pricing policy adopted by ASICMINER is attrocious and damaging to their brand image in the short term and the long term.  This is not a game.

I agree there are many differences between inaba and friedcat.  But I believe he is damaging their brand badly with this poorly considered pricing policy.

I was implying that the damage he is doing to their brand is as bad as Inaba has done for BFL.  I think you will see that if they don't adopt a new pricing policy that they will not become the player they wish to be.  BKKCoins knock off is coming faster than you might think and there are hundreds of qualified engineers all around the world trying to duplicate this device. 

Volkswagen is the largest car company in the world because they appeal to the common man with their rock solid low priced offerings.  Friedcat tried to be mercedes on day one and while that model worked well in the early 1900's it doesn't play in the modern world of 1%'ers.

For the record I never bought any because Friedcat's pricing policy was out of whack from the very first sale.  He never offered volume discounts which makes no sense if you are trying to get a product into the market.  Now he has pissed off the community who are ranting through the last several pages of this epic lesson in how not to price things.

To the guys that want to point to difficulty... the price of a car does not change related to the price of gasoline.  (And cars are often used 'to make money').  So your point is invalid.  

Pricing is a well understood concept taught in universities all around the world, right next to the class on brand building.  Friedcat and company would do very well to take either class.

I'm ashamed that you don't get the obvious... YES THE VENDOR SETS THE PRICE.  When is the last time you went to buy a brand new (insert favorite technology here) and you got to pick the price?  That is just not the way retail sales works. EVERY manufacturer sets a manufacturers suggested retail price (msrp) and that is the price used by the ENTIRE distribution channel to caculate each players profit along the distribution chain.

And when the Vendor sets a price and then days later cuts the price in half then the CUSTOMER GETS PISSED.

How is this not OBVIOUS?  My young son understands and he can barely read.

Friedcat and company FUCKED the community.  Read through the thread and you will quickly see ALL the PEOPLE who are FORMER customers of ASICMINER products who just wrote, right here in this forum, that they will NEVER buy another ASICMINER product becuase the VENDOR DOES NOT KNOW HOW TO PRICE PRODUCTS and the VENDOR HAS A HISTORY OF SCREWING EARLY ADOPTERS.

How is this not obviously STUPID BUSINESS PRACTICE?  

Seriously, is this how big business operates?  NO?  Why?  BECAUSE THEY UNDERSTAND THE COST OF LOSING CUSTOMERS OVER STUPID POLICY DECISIONS can be calculated in REAL DOLLARS.  At this point any reasonable person will conclude that ASICMINERS GREEED is larger than ASICMINER and the STUPID PRICING policy is driving customers away.  Count all the lost sales and goodwill destroyed by ASICMININERS desire to eek out a few extra coins today.  Instead they COULD HAVE eeked out our coins for years and years and years if they had treated the community with a modicum of respect.



Instead Friedcat has just become Inaba2.0

Sorry, if you read the FAQ you will see that the site is not offering any service to Californian's at this time for the very reason you mentioned.  I should also note that the site is not an exchange.  The site does not sell bitcoin.  The site does not offer money transmission services to anyone at this time.  The site simply resells gift cards purchased at a retail store.

oh yea it's the stupid buyer... got nothing to do with the stupid sellers 

Another client fucked by friedcat....

"No I do not want to sell at MT Gox -10%."

I'll offer you the market rate.  CampBX -10%.

Do people really still pay Mt Gox -10%?  That's crazy high.


 

patience?

No dude it is not.  Manufacturers set prices based on product lines.  The model has a manufacturers suggested retail price which probably will not change over the life of the product.  If you bought abc tv at walmart and then a week later they dropped the price by 50% what would you do?  I'd demand the lower price and you know what, walmart would give it to me because they understand marketing and sales.

Dropping a price by 50% a month after launch is just dumb and it's likely to confuse your prospective customers.  

Dude the price drop is ridiculous.  I'm happy to pay a premium for a first in hand product but the price of .99 btc for one and .89 btc for 1000 is stupid.  And these price drops of 50% or more are stupid.  These people do not know what they are doing, all they are accomplishing is to piss people off.

I was going to buy a bunch of them (a few thousand) but did not for this very reason.  The OP may know something about producing an ASIC but the OP and his advisors know nothing about marketing and selling product.   I suggested using distributors months ago and they've only now come to see the value fo that tried and true model.  

Their pricing makes them a non-competitive product and their price dropping makes them a horrible potential partner.

They should, like most manufacturers, set a single unit MSRP (price) and then offer serious discounts for volume purchases (on the order of 30%+).  The first company to adopt that distribution model will gain immediate market share.  

Hogs get fat but pigs get slaughtered.

bump

bump

Not me, Volcanic just outbid me and I'm probably going to hold.

GPU mining is dead and won't impact much compared to the half million asic chips that drop in august.

Oh, you prefer non-capitalism.  And why are you in a thread about buying a money printing machine again?

That guy know how to buy!