this post was submitted on 03 Aug 2023
329 points (95.3% liked)
Sync for Lemmy
15167 readers
1 users here now
๐
Welcome to Sync for Lemmy!
Welcome to the official Sync for Lemmy community.
The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:
Community Rules
1- No advertising or spam.
All types of advertising and spam are restricted in this community.
Community Credits
Artwork and community banner by: @[email protected]
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That's a farce; it happens all the time, revenue stops increasing from growing the customer base, so the prices are raised on the existing customer base to cover costs and keep things operational. Why do you think Netflix still isn't $8.99, and password sharing is no longer permitted?
If you definitely know you can't make enough money on 30% of 1,000,000 people, but you can make enough money charging 10% of 1,000,000 people a higher rate, you're going to do that ... because it's your only option. There are diminishing returns to picking up new customers with lower prices.