Setting Pricing for a Startup - The Rule of 80%

sachinag · on Nov 28, 2009

I know this is my own blog, and I appreciate the interest, but this is a dupe from just 53 days ago: http://news.ycombinator.com/item?id=861275

bootload · on Nov 28, 2009

"... but this is a dupe from just 53 days ago ..."

Thanks I'll kill it. There must be a bug somewhere or the url's have changed because they both resolve to ~ http://www.sachinagarwal.com/setting-pricing-for-a-startup-t...

Pretty sure if you re-post something already on HN the post is redirected to the original. Now I see you changed the title "Setting Pricing For A Startup" to "Setting Pricing for a Startup - The Rule of 80%" so it appeared on a different url?

bootload · on Nov 28, 2009

"... Thanks I'll kill it. ..."

Hmm can't kill it. Must have passed over a certain threshold. Any moderators around? Kill the story.

paraschopra · on Nov 28, 2009

Why kill it if people are upvoting it? This means many people here value the repost (and weren't aware of the first post).

In fact, I would argue reposting of old gems from HN time to time. It helps everyone here!

bootload · on Nov 28, 2009

"... I would argue reposting of old gems from HN time to time. It helps everyone here! ..."

Not a bad idea.

blue1 · on Nov 28, 2009

Also it wouldn't be a bad idea to mark them as "repost" somehow.

chrischen · on Nov 28, 2009

Current system actually doesn't allow reposting right? So yea that would be a good idea, along with a minimum time limit for reposting.

richardburton · on Nov 28, 2009

there's an apocryphal tale that Cadillac sales actually went down in the 1980s when Cadillac lowered prices.

I think you always have to be careful not to mix correlation with causation. The slump in Cadillac sales could have been dure to the poor edonomic times. Black Monday anyone?

sachinag · on Nov 28, 2009

Cadillac tried to compete with Lexus and Infiniti by lowering prices. Sales nosedived as the price reduction was seen as confirmation that Lexus and Infiniti made better cars.

Again, I've heard the story a number of times, but I can't prove it. Also, the 1980s were the height of Cadillac's atrocious badge engineering, where they's just throw different grilles on the same car across all the different makes.

I have a better pricing story that I'll be using on my new blog soon.

chrischen · on Nov 28, 2009

Even if that is a bad example, it's not unbelievable there is the "price" effect.