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Discussion on: The $200 Challenge

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darkoromanov profile image
Darko Romanov

I actually can't believe that, in the globalization era, still someone thinks that low prices can ruin a market. The market will always (hopefully) offer a wide variety of prices. Price usually determines the quality, so if you want to pay less, you know what you're going to get.

I like the idea of this challenge, I know some many employee devs with great skills who wouldn't be able to sell any kind of service.

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johannesjo profile image
Johannes Millan

If people were always rational and always had complete information than this might be the case, but that's not the case.

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darkoromanov profile image
Darko Romanov

If you buy without informations about what you're going to buy and without asking yourself why someone is selling a website 10x times less than the average... ¯_(ツ)_/¯

I don't think I'm the only case in the world but recently I got a commission after many months I sent my quotation. The customer said he was sorry for the delay but he asked for other quotations during those months and.... he chose me, even though my quotation was the higher.
So it may happen people "try" to make the deal of their life by buying services with a very low cost but I'm pretty sure they know it's a bet.

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johannesjo profile image
Johannes Millan

This might be. But you're arguing that "the price determines the quality" which is not necessarily the case and often time isn't:
en.wikipedia.org/wiki/The_Market_f...
en.wikipedia.org/wiki/Predictably_...

The ideal circumstances under which the classic economical theory is operating just don't exist.