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Content: People who buy a 3/8" drill bit, don't want a drill bit. They want a 3/8" hole...
Thats good im stealin that one . . . [ reply to this | link to this | view in chronology ]
Anonymous Coward, 21 Aug 2008 @ 5:45am
What about inferior products? [ reply to this | link to this | view in chronology ]
Comboman, 21 Aug 2008 @ 5:59am
price and value
Price and value may not be the same thing, but they do affect each other. Since many people assume that higher priced items are better, they value the lower priced items less. I know many people who assume that a freeware program is inferior to a similar commercial program just because it's free. [ reply to this | link to this | view in chronology ]
Anonymous Coward, 21 Aug 2008 @ 9:49am
Re: price and value
I'd disagree: price may affect people's perceptionof value, but I don't think it changes the value of a thing. A well-done freeware program is still valuable even if someone doesn't think so because of personal bias.