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Forums » The True Bandwidth Cost Of SMS » It's the market, unfortunately
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SMS and "Ringtones" - A Civilization in Decline »
« What does cost have to do with price?  

TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ

Re: It's the market, unfortunately

It has worth as long as people are willing to pay for it. Don't like paying for it; don't use it.
bogey780

join:2004-03-19
Here

Re: It's the market, unfortunately

Soon they'll expose that Caller ID is making criminal profits too.

factchecker

@cox.net

Re: It's the market, unfortunately

said by bogey780 See Profile :

Soon they'll expose that Caller ID is making criminal profits too.
Actually, that Kushnick (sp?) guy has been doing that for several years now, talking about the true cost of CallerID and how much people are charged.

TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast


1 edit

Re: It's the market, unfortunately

said by factchecker :

said by bogey780 See Profile :

Soon they'll expose that Caller ID is making criminal profits too.
Actually, that Kushnick (sp?) guy has been doing that for several years now, talking about the true cost of CallerID and how much people are charged.
But Caller-ID is an OPTION and not required. Do I wish it was cheaper - sure. But even at the price they charge, to me it is worth it to screen callers and give me control over who I talk to and when I talk to them.

P.S. I don't pay extra for CallerID myself - it is included in a land line / mobile pkg.
--
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factchecker

@cox.net

Re: It's the market, unfortunately

said by TKJunkMail See Profile :

But Caller-ID is an OPTION and not required.
That doesn't mean customers should not be alerted to the true price versus the actual cost of delivering the service.

The reason companies get away with charging as much as they do for services like SMS/TXT and caller ID is because consumers don't know the "real costs" of the product - how much it costs to deliver that service/product.

ooglyoggly

@xo.net

Re: It's the market, unfortunately

And we still get a charge for Touch Tone!
bogey780

join:2004-03-19
Here

The thing is it's all part of the business model. Costs themselves are nebulous. A businessman just looks at total resources and how much he could make selling them off. If we paid the true cost of Caller ID, dod you think we'd pay the same in other fields?

JasonD

@comcast.net

Agreed. And they should keep raising the fee until they reach the profit apex point. They could quickly drop the price if SMS demand warrants it or they become too out of step with the market. They'd just be leaving money on the table if they don't, plus it would be hard to find an easier way to add shareholder value.

jhboricua
ExMod 2000-01
join:2000-06-06
Minneapolis, MN
clubs:
But do you consider this a moral thing to do?

en102
Canadian, eh?

join:2001-01-26
Valencia, CA
·RoadRunner Cable
·DSL EXTREME

Re: It's the market, unfortunately

Business and morality do not go hand in hand.

Businesses are out there to make money/profit.
Morality requires a conscience.
Businesses require keeping an eye on the bottom line - conscience can get in the way.
--
Canada = Hollywood North

jhboricua
ExMod 2000-01
join:2000-06-06
Minneapolis, MN
clubs:

Re: It's the market, unfortunately

Ah, and yet these same people that believe in profit at any cost, and other that supports their practices are quick to chastice the morality of those who, for example, download copyrighted material by using P2P applications.

If they lack the morality to charge ridiculous fees, how can they question the morality of those who won't play their game?
--
"Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe." - Albert Einstein
Jose A. Hernandez * System Admin * MPLS, Minnesota, USA *

en102
Canadian, eh?

join:2001-01-26
Valencia, CA

Re: It's the market, unfortunately

That's why they have legality through contracts/service agreements bought for by lobbiests and lawyers.
--
Canada = Hollywood North
nasadude

join:2001-10-05
Rockville, MD
·Comcast

that's an unfortunate and true fact - and is why it is necessary sometimes for the government to become the conscience.

without either an internal or external conscience we get industries like telecom, where their greed and lack of concern for their country has resulted in a broadband market that is years behind the rest of the developed world, or the content industry, whose lawsuits and bullying have stifled untold creativity and created misery for innocent people.

the free market extremists don't believe in any government regulation or intervention, unless it is of course regulation or intervention that helps industry - does the oil industry really need tax breaks? should congress be passing laws that help the content industry prop up their obsolete business model?

TKJunkMail
Enjoy the sun
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join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

said by jhboricua See Profile :

But do you consider this a moral thing to do?
The capitalist system, so far, has been the best at optimizing scarce resources. And a system that is efficient returns the most to society. So, yes, I find that moral.
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factchecker

@cox.net

Re: It's the market, unfortunately

said by TKJunkMail See Profile :

The capitalist system, so far, has been the best at optimizing scarce resources.
I would be careful when you say that once you realize that capitalist economies also exhibit the greatest amount of waste - wasted food (look in the trash of any restaurant), wasted resources (disposable products), etc.

For example, millions of gallons of oil are wasted each year on bottled water because the bottles are used once and discarded to landfills. Single use products, like water bottles, made from finite resources, like oil, are not an efficient use of resources.

anaonono

@cox.net

Moral thing to do? Do you think ANYONE standing to gain from any phone company's profits cares at all whether or not it is the moral thing to do?

Business is business, the only goal is to make as much money as possible. Any perception of morality is merely an attempt to make more money by giving some appearance of a company being moral to gain more customers, thus, make more money.

The only motivation behind any action any company does is to make more money. Bottom line. There is no such thing as "moral" in business.
nasadude

join:2001-10-05
Rockville, MD
also don't forget, "there's a sucker born every minute".
Forums » The True Bandwidth Cost Of SMSSMS and "Ringtones" - A Civilization in Decline »
« What does cost have to do with price?  


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