I was stupid. For years I never raised my prices. Actually, more like a decade. I did some research, massaged the numbers, instituted a lot of my own guessing into it all. I came up with $8.26 cents. That $8.26 was the price I thought I could raise my base service by and not lose significant numbers.
Due to marketing BS I decided on $8 even rais over a base package of 24.99. Out of thousands I lost one person that cited that as a reason for them leaving. Only 6 bothered to even complain. I felt really stupid for not doing it sooner. Even if I missed it by a factor of 10 it still means I could have been charging WAY more than what I was for most of that 10 years. But, your point is correct, If they want to come back or even reset the market economics won't make sense any longer. Or at least they likely won't. On Wed, Nov 18, 2020 at 1:48 PM Ken Hohhof <[email protected]> wrote: > I'm watching news of the latest streaming service price increases. > Everything seems to be like that, something new and "disruptive" comes out, > kills off the competition, then they raise the prices. It's like shopping > at Walmart for 5 years and then the Walmart closes or starts to suck and > you > figure you'll go back to shopping at the local stores, except they no > longer > exist. What, you thought the grocery and hardware and drug stores would > just wait around with no revenue waiting for you to come back? > > That's why I figure when someone runs fiber down the country road, I won't > bitch about losing the customers because they're getting something better > and it's probably permanent infrastructure. Anything else, like satellite > or fixed wireless by mobile carriers, is tenuous. But if it doesn't work > out after a few years, you may not have a WISP to switch back to. And one > of the things I've realized (at least in my area), when a customer says > this > other guy was faster, they mean this other guy was cheaper. Especially if > they were on our lowest speed tier. Price is everything. If the > advertised > speed looks fantastic, so much the better, but price is king. Free is > better, but cheap will do. > > > -----Original Message----- > From: AF <[email protected]> On Behalf Of Robert Andrews > Sent: Wednesday, November 18, 2020 1:26 PM > To: [email protected] > Subject: Re: [AFMUG] OT: I was just thinking about Starlink... > > Covid-23? I believe I have seen a preview of that movie out... > > On 11/18/2020 11:17 AM, Bill Prince wrote: > > > > Let's just say for arguments sake that Starlink gets a functional > > constellation in place with, oh, 2,000 satellites in orbit. Everything > > goes just swell, and they grow the constellation to 4,000 satellites > > by the end of 2022. > > > > In January 2023 the sun erupts with a massive CME and kills 75% of the > > satellites. not to mention similar percentages of the GPS sats and > > whatever else is in orbit at the time. > > > > Whoops. > > > > What next? > > > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- Lewis Bergman 325-439-0533 Cell
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