If you ever start a business selling anything at all, the very first thing you will need to realize is that you never base prices on how much something costs.
You base prices on what people are willing to pay.
Like most business advice this sounds good as a one-liner, but isn't super accurate. There are lots of businesses that need to evaluate price elasticity and substitution which is more than finding the right point on the demand curve.
A big argument against LVT that people (often landlords, but many "socialists" too) is that rents will simply rise to reflect the extra cost to the landlord
Same with increase interest rates
It's certainly widely believed that "price = cost + %profit" rather than "price = level at which maximum profit will be achieved after factoring in market segregation"
Keeping the "I want it for 5 because my indie project makes no money" people happy is less lucrative than the "We are paying $1000/person in on call allowances, so what is $21 - nothing!" people.
My employer sure does. Unless you're telling me that devs in major US cities are actually 2x better than rural US coders, who in turn are multiple times better than devs in poorer countries.
compumike|2 years ago
To be pedantic, it's free for individuals / teams-of-one, so I guess you could write:
Disclosure: I helped build it :)EDIT: thanks to those of you signing up to try Heii On-Call! Let me know if you have any questions.
urbandw311er|2 years ago
ratg13|2 years ago
You base prices on what people are willing to pay.
skeeter2020|2 years ago
smachiz|2 years ago
LadyCailin|2 years ago
iso1631|2 years ago
Same with increase interest rates
It's certainly widely believed that "price = cost + %profit" rather than "price = level at which maximum profit will be achieved after factoring in market segregation"
mads_quist|2 years ago
quickthrower2|2 years ago
SanderNL|2 years ago
mLuby|2 years ago