
Thank goodness someone likes you exists! I was losing hope!Basic business and economics there, you have an unlimited supply, as I said earlier, so why not increase the demand, as prices and demand have an inverse relationship, naturally speaking;
As long as the price is high, demand is low
When the price is low, Demand is high.
Higher Demand = More consumers = More purchases @ lower cost = Higher profits.
If you can PM me the figures, I bet I could construct you a basic PPF.
Edit; Also, one of the basic characteristics of an entrepreneur is initiative, and another is risk taking.![]()
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A few reasons:
People want to donate for Habbox.
Profit Making
Pay Bills: Hosting,Domain renewal, radio server, GL payments, VB features which included Chat system.
They paid for a chat system out of the money we gave them, and they returning by more features like the chat system.
1. If people want to donate to Habbox, they can do without the need to buy VIP+, that excuse is old and dry now.
2. As stated, they'll make ALOT more money if it was £2.50 or £3. Again, that argument is old and dry.
3. The chat system is possibly one of the biggest disappointments on Habbox and a waste of money. They can pay bills and more with a cheaper price. And as the VIPs have shown, the support at the moment for their VIP subsciptions is quite lousy at the moment, but that is being sorted by the sounds of things so it's not all bad.
Last edited by GommeInc; 30-09-2008 at 05:35 PM.
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I'd pmsl if nvr posted saying "If your unhappy about paying 230% more than VIP for VIP+ then we will increase the price of VIP so your only paying 50% more for VIP+" All the VIP regulars would brick themselves!![]()
I'm aware of the numbers (although rampant through this thread are baseless numerical assumptions) but sierk, as the business head of Habbox, has decided that he does not want to drop the price for the moment, and that is a decision that is not up to the members, nor will business matters ever be. I am a business scholar so trust me I am extremely aware of the statistics, the possibilities, and the opportunities, we will make business decisions as we see fit and with sierk being an absolute expert in mathematics, I will go so far as to say that he is the top mathematician to use this forum, and me being pretty proficient in business, we have the capability to make business decisions for ourselves, thanks. We are aware of the statistics, you've given us the information, and it is our decision to make.So Habbox don't want to make more money? Have you not noticed how many people are actually saying they will buy VIP+ if it cost a little less?
10 people buy VIP+ for £4, which is £40
Lowering it to £3 would mean 10 x £3 = £30
PLUS the however many said they would buy it at a lower price e.g. 10.
10 x £3 x 2 = £60 which is £20 more than they would be getting now.
Does no-one here do business studies and basic math? I am seeing alot of GCSE Math Failures :rolleyes:
It's not about "YOU DON'T HAVE TO BUY IT," it about gaining costs to pay for the servers and a lower price which would make others want to pay for it will be beneficial to Habbox. It'll only be a waste of lowering the price beyond half the current costs e.g. £4 becomes £2, because then if they only make twice as many more VIP+ members, they'll only be making the same amount of money if it was sold for £4 and half the VIP+ members. Selling it for £3 rather than £4, and then double the amount of people buying it means they gain £1 for every new member to VIP+ added to the current amount. Again, that's basic math and business studies rolled into one :S
We have entertained discussions about price drops but sierk decided for the moment he is keeping it at four pounds, it may drop in the future, or it may never drop. We may conduct market research through a simple poll later, but once again that will be our decision.
There are certain instances where we welcome your opinion to discuss issues that affect the community. Here too we welcome your personal opinion that VIP+ is too costly, fair enough. However we have made a business decision and that business decision will stand until we see fit to change it. I realize I sound like a complete dictator but it is absolutely ridiculous that we spend so much time having to justify our decisions, which are always made with analysis of the facts, taking away from the time we could be doing other things.
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I also use the account nvrspk on other computers.
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Well let me be the first to say, the decision is WRONG.I'm aware of the numbers (although rampant through this thread are baseless numerical assumptions) but sierk, as the business head of Habbox, has decided that he does not want to drop the price for the moment, and that is a decision that is not up to the members, nor will business matters ever be. I am a business scholar so trust me I am extremely aware of the statistics, the possibilities, and the opportunities, we will make business decisions as we see fit and with sierk being an absolute expert in mathematics, I will go so far as to say that he is the top mathematician to use this forum, and me being pretty proficient in business, we have the capability to make business decisions for ourselves, thanks. We are aware of the statistics, you've given us the information, and it is our decision to make.
We have entertained discussions about price drops but sierk decided for the moment he is keeping it at four pounds, it may drop in the future, or it may never drop. We may conduct market research through a simple poll later, but once again that will be our decision.
There are certain instances where we welcome your opinion to discuss issues that affect the community. Here too we welcome your personal opinion that VIP+ is too costly, fair enough. However we have made a business decision and that business decision will stand until we see fit to change it. I realize I sound like a complete dictator but it is absolutely ridiculous that we spend so much time having to justify our decisions, which are always made with analysis of the facts, taking away from the time we could be doing other things.
However i do full aprredicate managemnets decision, but imo, you have made the wrong one.
If they have then they will suffer. Theres no point moaning about it now as the price won't change for now ...
Also by keep moaning, and asking nvrspk4 to reply, he could have been doing other things with the forum instead of replying ...
I didnt ask him to reply??
I am debating..
Actually I do feel that the prices are a little steep, especially the exchange rates here in Singapore. If the prices were just slightly lower, maybe more would buy it, thus increasing profits. Seeing the extra features are quite little (No ads = most people use adblock plus), Colours not many people change them often anyway, just a slightly bigger profile picture that hardly anyone sees (unlike avatar and signature) correct me if I am wrong about any of these features, not many would buy it.
Just my opinion, please don't flame.
shawn
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