I been known to test market a thing or two in the name of research. Let me tell you now the crazies are out there to! I never had any idea how far it went until i jumped in head first in that water. It's literally amazing at the study of human nature and the stupidity that abounds. I mean really!
The Best of Ebay
- Thread starter goldenchild
- Start date
Help Support Gold Refining Forum:
goldenchild
Well-known member
- Joined
- Aug 14, 2009
- Messages
- 1,810
I remember in elementary school doing a little exercise in product marketing. The class broke up into several groups and invented products that we would try to sell to other groups. We could price the product at anything up to $10 and then had to present it to the other groups. I can’t remember exactly what my groups product was but I think it had to do with smellovision. We priced this imaginary product at $10. At first many groups were reluctant to spend their entire $10 on one product. We then priced it at $9.99 and everyone was on board! That’s a common marketing strategy but goes to show you how strangely some people’s minds work.
Marketing tricks.....How you answer this will tell if you are a savvy shopper.
You see an ad for your favorite product, 50%MORE PRODUCT !!! SAME PRICE AS REGULAR SIZE !!!.
You see another add for the same product, 50% OFF SALE regular size 1/2 PRICE !!!
Which store do you rush to to get the deal. 8)
(caps for marketing purposes only) :lol:
You see an ad for your favorite product, 50%MORE PRODUCT !!! SAME PRICE AS REGULAR SIZE !!!.
You see another add for the same product, 50% OFF SALE regular size 1/2 PRICE !!!
Which store do you rush to to get the deal. 8)
(caps for marketing purposes only) :lol:
MMFJ
Well-known member
Good one!glondor said:
Now, before I answer, what's the PRIZE??? Perhaps, it is just the location of that store where I can rush off to spend my money???? 8)
NobleMetalWorks
Well-known member
glondor said:
Answer is really simple, if you want to save money, you don't spend it.
Alright, I realize that isn't exactly the question you were asking, but it will pertain once I explain myself.
Women will spend money, to save more money. The first one, 50% more, is the one women will go for.
Men try not to spend money, to save money. So the second one is marketed towards men.
You can either spend less for more, or more for more. The less for more option seems like a better deal to me.
Scott
The prize... Is the understanding of your own human condition.
Did you even consider there was something going on? Did you understand what you seen? Do you need to pay more attention to attempts of slick marketers to part you and your money? Knowledge is power. Do you have the power? How many times a day do you get "fooled"
Did you even consider there was something going on? Did you understand what you seen? Do you need to pay more attention to attempts of slick marketers to part you and your money? Knowledge is power. Do you have the power? How many times a day do you get "fooled"
Geo
Well-known member
if you buy the same product at half price, it means you can spend the same amount of money and get DOUBLE (100%) the amount of product. if you get 50% more for the same price you only getting half the amount for the same price. 50% off is the best value.
MMFJ
Well-known member
The best thing you can do for yourself (and your kids, in my opinion) is to study marketing...... Sounds 'horrible' to many, but the truth is that by studying the concepts, you can (and hopefully will) bypass many of the 'trick's as you pointed out - fooling some into thinking that '1/2 off' is worse than 'half more free' - when worded well (as in your example), it is easy to get sucked in.glondor said:The prize... Is the understanding of your own human condition.
Did you even consider there was something going on? Did you understand what you seen? Do you need to pay more attention to attempts of slick marketers to part you and your money? Knowledge is power. Do you have the power? How many times a day do you get "fooled"
However, taking a second to do some quick math, you can easily see which is the best price;
- let's say that the bottle was one gallon and cost $1 to keep the math easy
look at '1/2 price' - you get one gallon for $.50 [now, let's break that down to 1/2 gallon pricing to keep it simple] = $.25/(1/2 gallon)
look at '50% more free' (or 1.5 gallon [3 1/2 gallon portions] at $1) = 1.5 / 3 = $.50/(1/2 gallon)
Clearly (and actually simply, once you see how to do it), the better price is 1/2 off the original portion - NOT "50% MORE FREE!", which contains two of the one hundred some-odd 'hottest' marketing terms that get people to take action (I have a reference to that list, somewhere....)
joem
Well-known member
Palladium said:
DArn, I could get 100 dollars a book if I tell people to do it in one day and call it a course.
NoIdea
Well-known member
Ah fork it, and to think i wasted 20years and all it takes is 1 day, yah know, im sitting here beside myself. :shock:
Deano
Deano
Geo
Well-known member
http://www.ebay.com/itm/FUME-FREE-REACTION-VESSEL-Plans-Instr-Aqua-Regia-Nitric-Acid-Refining-/180952853023?_trksid=p4340.m1985&_trkparms=aid%3D444000%26algo%3DSOI.CURRENT%26ao%3D1%26asc%3D13%26meid%3D1476320878145826485%26pid%3D100012%26prg%3D1014%26rk%3D1%26#ht_1249wt_1397
:lol: isnt this the guy that got booted off the forum a few months ago?
:lol: isnt this the guy that got booted off the forum a few months ago?
NoIdea
Well-known member
Geo said:
Pass, butt i think he should join up so we can boot him off :mrgreen:
jimdoc
Well-known member
Geo said:
Are you thinking of David A. Puchta? The one who made his own gold with Dr Champions help.
If so I don't think that guy could ever achieve a 99.7% Positive feedback selling anything.
He is probably a billionaire by now with his own private island (made of gold).
Jim
goldenchild
Well-known member
- Joined
- Aug 14, 2009
- Messages
- 1,810
glondor said:
What is the gold London PM fix that day? :lol:
These circuit boards didn't pass inspection and were scrapped because the gold was plated on to thick :shock: :arrow: http://www.ebay.com/itm/20-Ounces-of-Gold-Scrap-Double-Sided-PCB-/261085610939?pt=LH_DefaultDomain_0&hash=item3cc9ea43bb
joem
Well-known member
Palladium said:
My wife says mine is bigger.
HE says pay close attention to auction
that's because he says they are "Heavy Platted"
I don't include the weight of the waste area, I don't like selling nothing to unsuspecting buyers. If A person hold the item in their hands and then makes me an offer then they buy what they see.
goldenchild
Well-known member
- Joined
- Aug 14, 2009
- Messages
- 1,810
Palladium said:
joem said:
Not a bad deal for "around or about 20 ounces of gold scrap" :roll:
jimdoc
Well-known member
Someone is the proud new owner of about $34.78 worth of gold, for the low low price of $122.50, plus $4 for shipping. Even if it was 24K it would only be $59.54. I would say only on Ebay, but I am sure there are idiots out there that never even heard of Ebay yet. I guess they couldn't be bothered with looking up what a grain is, or it just registered as a gram in their brain.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=120978044829&ssPageName=ADME:B:EOIBUAA:US:3160
http://www.dendritics.com/scales/metal-calc.asp?WeightU=16.8&Units=gr&Metal=Au&PurityC=.583&Purity=0.583&PrOzt=&Markup=0
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=120978044829&ssPageName=ADME:B:EOIBUAA:US:3160
http://www.dendritics.com/scales/metal-calc.asp?WeightU=16.8&Units=gr&Metal=Au&PurityC=.583&Purity=0.583&PrOzt=&Markup=0
