I found myself in the rather unexpected position of agreeing with Elon Musk and even, possibly, defending one of his initiatives. Namely, I think that one good way of generating revenues for a social media platform could be by charging for value added features that people can sign up to, if they want to, but … Continue reading The problem with charging for Twitter’s blue tick is not the $8 amount, but mental accounting
Tag: Pricing strategy
Smartphone manufacturing costs vs retail prices
Statistics company, Statista, published this chart showing the manufacturing costs of leading smartphone brands: Focusing on phones launched in 2016, only, we can see that Huawei uses the cheapest components, and Google Pixel the most expensive. And that Samsung phones use more expensive hardware components than their Apple counterpart: Phone model Manufacturing cost $ … Continue reading Smartphone manufacturing costs vs retail prices