Hacker Read

rvn1045 · 2019-08-20 10:00:36

Lowering the price is good for consumers.

bombs | karma 302 | avg karma 2.38 · | 2010-06-29 13:48:31+00:00

It's a lot easier to reduce the price than to raise it!

derekp7 | karma 6524 | avg karma 2.68 · | 2019-02-26 13:25:02+00:00

You could also lower the price of the items sold so that the average consumer can afford more stuff

m_eiman | karma 3786 | avg karma 3.04 · | 2021-10-07 11:50:50

Prices are only allowed to go down, it’s what the gods of consumerism have promised.

waynesonfire | karma 1080 | avg karma 0.8 · | 2020-02-01 08:30:47+00:00

if they're getting a surplus of money, they should then lower their prices.

paulddraper | karma 16686 | avg karma 1.72 · | 2023-10-03 16:41:14

What if lowering prices has both consequences?

stale2002 | karma 4359 | avg karma 0.86 · | 2019-07-04 16:38:56+00:00

Lower prices is explicitly what the government encourages.

You are describing a benefit, not a drawback.

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bgirard | karma 1391 | avg karma 4.62 · | 2023-07-18 12:18:44

That's correct. I think we should celebrate consumers that refuse to fork out high prices. They put pricing pressures that benefits everyone.

simondotau | karma 3968 | avg karma 2.04 · | 2022-09-16 17:24:21

The only way for them to find other buyers is to lower prices, which benefits everyone.

jchrisa | karma 4315 | avg karma 3.53 · | 2015-03-24 14:09:39

It might actually lower prices due to there being an addressable market below the middle class.

antipaganda | karma 276 | avg karma 1.93 · | 2009-08-29 15:36:25+00:00

Why is price-unification good? Price-competition is better for consumers.

PaulDavisThe1st | karma 19282 | avg karma 2.7 · | 2021-12-06 08:36:18

Keeping prices low is good when you're wearing your consumer hat.

Keeping prices low is not necessarily so good, and can even be bad, when you consider it from the many other roles you play as a human being in a complex modern society.

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RobotToaster | karma 4418 | avg karma 3.16 · | 2023-02-19 04:30:17

I agree, but in the capitalistic economy that we unfortunately live in, competition is the only thing that will lower prices.

wcoenen | karma 4888 | avg karma 3.7 · | 2019-07-31 20:19:02+00:00

Higher efficiency should eventually result in a lower price, as mentioned in the article. Prices do affect consumer behavior.

ttoinou | karma 1138 | avg karma 1.04 · | 2019-03-20 08:50:35+00:00

Making money and lowering prices are not incompatible

eloff | karma 14985 | avg karma 3.31 · | 2020-04-16 17:34:16+00:00

This is true, but are lower prices for consumers better for everyone in the community than keeping the profits locally? I don't think anyone knows. My guess is it creates different winners and losers.

3minus1 | karma 727 | avg karma 1.71 · | 2013-01-02 10:39:51

There actually is a reason to lower the price if it results in more people who are willing to pay more often. I see your comment as the kneejerk libertarian response to anyone complaining about a price (without actually knowing any details about whatever market is being talked about), and it annoys me.

LukasMathis | karma 228 | avg karma 1.66 · | 2011-07-06 06:30:14

Fair enough. You make a good argument. Maybe lowering the price would increase revenue; I don't know.

MomoXenosaga | karma 1703 | avg karma 1.37 · | 2021-09-23 06:00:39

I disagree. We know an open market lowers prices for consumers.

heavyset_go | karma 25689 | avg karma 3.63 · | 2022-03-30 19:47:52

The market it bears it because there's no competition. With increased efficiencies that competition brings, it's entirely possible that the market will find a lower price more bearable, once people are actually able to choose.