Click Here to see the latest posts! Ask any questions related to business / entrepreneurship / money-making / life NO BLATANT ADS PLEASE
Stay up to date! Get email notifications or |
#4
|
||||
|
||||
Re: User Participation
Quote:
Some great points Duane. Brings to mind the Model T fiasco - whose sales went down because Ford didn't give any choice to people. And Dell - who set up the entire system so that people can choose everything. Quote:
Wacom does this really well. http://www.wacom.com/tabletwizard/index.cfm -- The lottery sentence really stood out for me because I thought its a paradox. If people select their own numbers, chances of more than 1 person having the same number increases. And thus, their potential winnings decrease. So why would they buy more lottery tickets if the lottery system is poorer than it would have been if all the numbers are generated randomly? I think 2 things come into play. Ownership. And collectibility. People are more enthusiastic about winning if its their own numbers (even if their chances may be low). But more importantly, by allowing them to choose their own numbers, you are encouraging them to buy more than one tickets. "Buy tickets for all the combinations of your lucky numbers." I'm not sure, but I think its not the case of more people buying the tickets as much as it is of people buying more tickets. The closest related product that comes to my mind that allows something similar is Jones Soda. You can use your own photos for the labels on the Jones Soda bottles. Jones Soda spent a lot of money on this technology of allowing people to customize their own bottle labels. And its paid off well too. Many empty Jones Soda bottles sell for a lot of money. |
Thread Tools | |
Display Modes | |
|
|
Other recent posts on the forum...
Get the report on Harvey Brody's Answers to a Question-Oriented-Person