Awesome, congratulations!!!!! Long, long way away for me XD
I’ve explained my arguments already, and, seeing as it was a joke, I won’t spend any more time dwelling on its incorrectness, and will therefore leave this thread so you guys can continue on what the main topic was about – have a nice day!
OK that was better put XD
Right, pricing is down to the reviewer, who hopefully judges the item fairly based on quality in comparison with similar items, and therefore the item is priced higher or lower than its rivals, although in categories such as logo templates this price is fixed. The laws involving demand and price will only apply to the consumer, afterwards – my initial response was to you regarding your quote of this side of the equation. I suppose it is fair to assume that different reviewers will have slightly different ideas about product pricing, which may explain the price discrepancy hinted at the beginning of this thread.
Overall though, I have strong faith in the decisions of the item reviewers, although in some circumstances the option to appeal is nice.
Items are priced at the reviewer’s discretion, I’m just arguing that in most cases, consumers will buy a similar product at the cheaper price. High prices alone aren’t a selling strategy!
Hopefully I’ll get there eventually!
I imagine if you post something like a BOOK to Tuts+ , it will take even longer than that! XD
Or I’ll just put it this way,
Apple is just one crazy exception to the rule! XD
@blueline3d – You can’t just dismiss the fundamental laws of economics and the price mechanism based on one company – Apple is successful because of its marketing, that has caused information asymmetry with its customers, who are led to believe that their products are ‘the best’, and is a unique and unusual case. If there were two similar items on the Envato marketplace but one was twice the price of the other – what would you buy, given you are one of the majority of consumers whose goal is to maximise their utility, not to buy the most expensive item just to show off?
Envato marketplace items are mutually exclusive, each item is different and will be used for a variety of purposes. Few items will be known widely enough that they have a reputation of being priced higher or seem better than others. A phone mockup is a phone mockup – who outside Envato will know how much was paid for it, and if the results are identical why would you pay more? So, they could be categorised as commodities, and once bought, lose all brand recognition – so unless the item is genuinely and significantly better or contains more content than other products, it is unlikely that if it is priced higher it will sell more.
What could affect sales would also be author rank/reputation, and the quality of the preview images of the item, and these might make customers make the financial jump, but as a whole, consumers on Envato want to maximise what they get with their finite supply of money, and so higher quantities will always be demanded at lower prices.
But what you cannot do is just use Apple as an example to break the laws of Economics.