Why prices are increasing.

#1GotTheGreensPosted 11/13/2012 3:47:57 PM
http://www.youtube.com/watch?v=DsAeJ53BUbQ
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#2LaqOfInterestPosted 11/13/2012 3:48:38 PM
The number of thumbs-up to number of views on that? Not suspicious at all.
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#3SorrySleepingPosted 11/13/2012 3:52:44 PM
It's funny, because if they LOWERED prices, more people would be likely to buy skins and champions through RP.
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#4eco masterPosted 11/13/2012 3:53:47 PM
From: SorrySleeping | Posted: 11/13/2012 4:52:44 PM | #003
It's funny, because if they LOWERED prices, more people would be likely to buy skins and champions through RP.

Less income per purchase. I'm pretty sure Riot knows what they're doing, based on their own internal data.
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ill be here 4 u eco jus lyk the mop on the commercial babby-wechina23
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#5KirbixPosted 11/13/2012 4:01:06 PM(edited)
SorrySleeping posted...
It's funny, because if they LOWERED prices, more people would be likely to buy skins and champions through RP.


As a consultant for a firm that does demand-driven pricing, this makes me laugh because people believe its true.
Raising prices and having a higher margin more than offsets any incremental loss in transactions if done right.

I'd love to see their models, though. The games they're playing with 3150 and 4800 champs are very intriguing and indicate that they've hired a professional to price their stuff.
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#6Dark_DcPosted 11/13/2012 4:09:07 PM
Is anyone actually doing this? I feel like its a good way to get banned
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#7DarkestPandaPosted 11/13/2012 4:10:38 PM
From: Dark_Dc | #006
Is anyone actually doing this? I feel like its a good way to get a virus


ftfy
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#8xDarknezzxPosted 11/13/2012 4:15:50 PM
lol sounds legit
#9Sir Spiffy CapePosted 11/13/2012 4:18:33 PM
eco master posted...
From: SorrySleeping | Posted: 11/13/2012 4:52:44 PM | #003
It's funny, because if they LOWERED prices, more people would be likely to buy skins and champions through RP.

Less income per purchase. I'm pretty sure Riot knows what they're doing, based on their own internal data.


Everytime I hear about Riot's amazing market research, I can't help but imagine a raging Morello telling everyone "I have MOUNTAINS of data" and flipping everyone off.
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#10eco masterPosted 11/13/2012 4:25:16 PM
From: Sir Spiffy Cape | Posted: 11/13/2012 5:18:33 PM | #009
eco master posted...
From: SorrySleeping | Posted: 11/13/2012 4:52:44 PM | #003
It's funny, because if they LOWERED prices, more people would be likely to buy skins and champions through RP.

Less income per purchase. I'm pretty sure Riot knows what they're doing, based on their own internal data.


Everytime I hear about Riot's amazing market research, I can't help but imagine a raging Morello telling everyone "I have MOUNTAINS of data" and flipping everyone off.

I mean, that would be a fair thing to do. You've got a handful of people who took Economics in high school saying they know how to increase Riot's profits, when they have absolutely no sales data to work with.
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ill be here 4 u eco jus lyk the mop on the commercial babby-wechina23
fighting games suck-bluerain