Re : Smartphones Threaten to Topple Game Consoles
yalanand
1/4/2012 3:46:37 PM
@Joey, thanks for the post. I think one of the major factors that is contributing to the growth of smartphone gaming is "pricing". For example Multimedia devices (like the iPod touch) cost $200 for the basic model, whereas the gaming consoles costs $300 Also, the gaming market is expensive. A game for portable game consoles cost $15-$30 while most games for phones are under $10. For the Portable Gaming world to succeed, the devices need to be sold at $200
I think part of the problem, for me anyway, is the lack of honesty. Just explain that it costs money to provide a service and there will be a fee for those who use it. Don't try to hide it by claiming the fee is related to some new non-valuable thing the company is providing.
It's not about being less transparent. With the social media and the internet, there is nowhere for companies to hide. And, remember that the new BoA fee had it's origins in new debit card regulations - congress took away some other sources of revenue. Banks will either stop offering debit cards or find ways to replace the revenue that was lost.
But this doesn't mean they have to roll out the new revenue in ways that alienate customers.
Re: Wiil hurt share
driven
1/2/2012 7:40:54 AM
I'm not sure if it's transparency or arrogance. These companies just seem so disconnected from their customers that they feel they can do anything they damn well please.
Interesting perspective: so you are saying that the people aren't getting more powerful--the companies have just become too transparent with their schemes
Guess I'm more the cynic on this one. I think it's less about a successful revolt by the people and more about horrid PR by a few companies. So fees will exist and new fees will be created. The difference is that banks and other companies will be more careful about how they're introduced.
So the real power of the masses lies in targeted directed protest, rather than scattershot and generalized complaints?
Re: Wiil hurt share
AskAsa
1/1/2012 8:59:29 PM
This type of activity has the potential to do what OWS has not accomplished. I think more business entities will be thinking twice before adding fees and raising prices. Even if its just a couple dollars to the average customer, the idea and symbolism of mass cyber protest has real power.
What do you think: Are consumers gaining more clout? The outrage over the $2 fee scuttled the Verizon move, and similar outrage killed the proposed $5 a month debit card fee at Bank of America. So does protesting pay off?
Re: Wiil hurt share
Tenacious
1/1/2012 7:32:03 PM
Companies need to stop nickle and diming us to death. It's a silly way to boost profits.
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