Why prices are increasing.

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3 years ago#1
http://www.youtube.com/watch?v=DsAeJ53BUbQ
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3 years ago#2
The number of thumbs-up to number of views on that? Not suspicious at all.
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3 years ago#3
It's funny, because if they LOWERED prices, more people would be likely to buy skins and champions through RP.
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3 years ago#4
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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3 years ago#5
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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Signatures that consist of quotes are bizarre- you could falsify a quote and no one would know.-Jesus
3 years ago#6
Is anyone actually doing this? I feel like its a good way to get banned
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3 years ago#7
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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3 years ago#8
lol sounds legit
3 years ago#9
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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A game that promotes slavery and gambling under the illusion of 'friendship' and 'sportsmanship' is automatically an awesome game. - dydt
3 years ago#10
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
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