CompuServe Messages

#OED

    07-May-92 20:46:53
Sb: #21048-#OED
Fm: Richard Day 70521,2167
To: Bill McHugh 76416,2152
Bill — yes, I know a new version is coming out. What I am praying for, is more realistic pricing from OUP. At $400 I would be a definite buyer; at $800 or more, it becomes a "do I really need this?" product and I will think long and hard about what else I might do with that money. As others have said in this thread, I think there is a large – probably very large – potential market for OED priced much lower than it is now. Friends at Sony in Japan told me years ago, when they were first geting into video recorders (remember the old BetaMax?) that they had calculated the mass market for electronic products began around the $400 mark; above that, techno-buffs and the I-must-have-this-first crowd would pay the price, but represented a small market which was not too profitable. So, Sony's early push (matched by the VHS inventors JVC, and their parent Matsushita) was to find engineering solutions to bring the retail price to the $400 and under level. If you go back today and graph price against sales volume, you will see the video recorder market "exploded" after prices dropped under $400. More recently, a Japanese business friend told me he thought maybe the threshold had shifted up a little, toward $500, but that he thought inflation since the mid-70's had not really had much impact on consumer thinking in this (price) area. This seems to me to hold true when you look at the prices of most major software packages: WordPerfect, 1-2-3 et al list around $500 but are commonly sold at prices under $400… Oh well, we can just hope someone with influence at OUP wakes up to the market they are missing… Regds Ric