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shmatt | 4 months ago

This actually works well the other way around.

When sales are still growing YoY (like the post covid market), but prices are up 30% or 40%, you understand your customer is still willing to pay the higher price

Its similar to a McDonalds or Starbucks situation where you just keep increasing prices dramatically until you get a first quarter of lower than expected sales, then you start adapting downwards

Most corporations still haven't hit that limit, see streaming companies increasing prices every few months, they still haven't hit the point where profits decrease YoY. When they do the streaming prices start decreasing

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Arwill|4 months ago

>see streaming companies increasing prices every few months They can do that because they are practically monopolies.

Workaccount2|4 months ago

They can do it because people are hopelessly addicted to screens.

You won't die if you stop watching Netflix. We aren't talking food or medicine here. In fact your life would probably improve. But addiction is a real animal.