One of the biggest misconceptions about pricing is the notion that people base most buying decisions on rational economic calculations. The truth is that they’re based far more on psychology most of the time. There’s several ways to look at this. One is from a value standpoint. Most people would probably rather pay $4.50 for a [...]
Continue reading...Monday, March 22, 2010
I spent part of last weekend cleaning out my CD collection. By that I mean I threw it in the trash. Some of the albums were somewhat obscure and stuff I’d probably never find in a store. But I threw them all out for the simple reason that I don’t need them anymore. I can [...]
Continue reading...Wednesday, March 10, 2010
Mobile is the future of communication and collaboration. You know it is because of its meteoric rise all over the world. According to Morgan Stanley, 42% of Americans now own a Smartphone. There’s a prominent venture capitalist by the name of Fred Wilson who wrote a brief post on his blog titled The Golden Triangle. He [...]
Continue reading...Thursday, January 21, 2010
There’s a cool paper about file sharing that was written by economists Felix Oberholzer-Gee and Koleman Strumpf this past summer. The conclusion of the paper is that file sharing benefits society. One of the pieces of evidence for that is that less restrictive copyright laws have encouraged greater numbers of creative people to create. [...]
Continue reading...Wednesday, October 7, 2009
I dug up this neat little blog post on Chris Anderson’s blog today. Chris Anderson, if you don’t know him, is the editor of Wired magazine. He’s famous for writing a book several years ago called The Long Tail about how the Internet is devastating the hits-based business model that old-style media companies like record [...]
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Monday, April 26, 2010
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