Price vs. Cost
from the more-expensive-than-you-think dept
An interesting article about how the true determining factor in whether or not an innovation is successful is the customer's cost, which is quite different than the innovator's price. The idea being that if your product is a pain to install and use, that's an additional "cost" beyond the purchase price. While a lot of this seems obvious, it is a good reminder that not all costs should be expressed in monetary terms.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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