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Logo Pizza: Hot and ready logos for sale

logo.pizza

41–50 of 224 posts

Re: Logo Pizza: Hot and ready logos for sale

#41
post #38
post #21

Wouldn't it make more sense that the price would go down as more are purchased, as the most popular logos are already taken? Is someone really going to pay $1000 for 'Mr. Grin'

I don't know. I think the feeling of getting it cheaper if you jump on early outweighs it.

The early momentum is great, but the problem is sales will basically stop after the price hits a certain level.

Re: Logo Pizza: Hot and ready logos for sale

#42
post #21

Wouldn't it make more sense that the price would go down as more are purchased, as the most popular logos are already taken? Is someone really going to pay $1000 for 'Mr. Grin'

I assume the argument is that people will see it and strike "while the price is right". While $1000 is not cheap, it's also not exactly exorbitant when you consider the cost of creating your own logo or hiring someone to make it.

Re: Logo Pizza: Hot and ready logos for sale

#44
post #21

Wouldn't it make more sense that the price would go down as more are purchased, as the most popular logos are already taken? Is someone really going to pay $1000 for 'Mr. Grin'

After spending much time among entrepreneurs I find that there are very few with a "business" mind. Great idea, horrible model. This pricing model is so far out of left field that I had to do some research to see if it's ever been successful. It hasn't. Although https://github.com/metafizzy is kinda interesting (what this websites UI is based off of)

> I had to do some research to see if it's ever been successful. It hasn't.

You failed at your research. In art, this is quite common. As an artist gains notoriety, their work goes up in price. How much do you think Picasso sold his early works for? How much do you think Picasso paintings are worth now?

Also, Minecraft started out cheap and got more expensive over time.

Re: Logo Pizza: Hot and ready logos for sale

#45
post #36

Earlier quoted context omitted.

After spending much time among entrepreneurs I find that there are very few with a "business" mind. Great idea, horrible model. This pricing model is so far out of left field that I had to do some research to see if it's ever been successful. It hasn't. Although https://github.com/metafizzy is kinda interesting (what this websites UI is based off of)

Seems to be working reasonably well so far today.

Except now it's stopped at $320. That's an average of $93.33 per logo (if my math is right). They would make more money by simply selling the logos for $100 each, and they would probably sell way more logos.

Re: Logo Pizza: Hot and ready logos for sale

#46

Earlier quoted context omitted.

After spending much time among entrepreneurs I find that there are very few with a "business" mind. Great idea, horrible model. This pricing model is so far out of left field that I had to do some research to see if it's ever been successful. It hasn't. Although https://github.com/metafizzy is kinda interesting (what this websites UI is based off of)

> I had to do some research to see if it's ever been successful. It hasn't. You failed at your research. In art, this is quite common. As an artist gains notoriety, their work goes up in price. How much do you think Picasso sold his early works for? How much do you think Picasso paintings are worth now? Also, Minecraft started out cheap and got more expensive over time.

That's completely different. You're talking about a single piece of art gaining value over time as it's bought and sold. What's happening here is the price of all remaining logos increases as sales on any other logo happen.

Re: Logo Pizza: Hot and ready logos for sale

#47
post #21

Wouldn't it make more sense that the price would go down as more are purchased, as the most popular logos are already taken? Is someone really going to pay $1000 for 'Mr. Grin'

After spending much time among entrepreneurs I find that there are very few with a "business" mind. Great idea, horrible model. This pricing model is so far out of left field that I had to do some research to see if it's ever been successful. It hasn't. Although https://github.com/metafizzy is kinda interesting (what this websites UI is based off of)

Hey, we're chatting about it, right? Would a site with $100 logos make it to the front page of a highly trafficked site like this?

Re: Logo Pizza: Hot and ready logos for sale

#48
post #11

Price goes up $40 per logo sold? So, after you sell 10 more logos, it'll be ($40*10) + $120(current price) = $520 per logo? Seems like a strange pricing strategy. I guess it increases the "buy it now" urge, but at some point it will kill sales. I guess when it stabilizes you can just say "ok, that's what people are willing to pay for these". So perhaps it's a good way to explore pricing...

Let's say he sells the first for $40, the second for $80 etc… The total he's trying to net is $40 * 50 (50 + 1) / 2 = $51.000 Not bad!

Except nobody's going to pay nearly $1,000 for the leftovers, so there is essentially a ceiling on the number of sales that will happen. Let's say the last logo sells for $400 (it's currently stopped at $320, so I don't think that's unreasonable); that's only $2,200 in total revenue for 50 logos.

Re: Logo Pizza: Hot and ready logos for sale

#49
post #21

Wouldn't it make more sense that the price would go down as more are purchased, as the most popular logos are already taken? Is someone really going to pay $1000 for 'Mr. Grin'

After spending much time among entrepreneurs I find that there are very few with a "business" mind. Great idea, horrible model. This pricing model is so far out of left field that I had to do some research to see if it's ever been successful. It hasn't. Although https://github.com/metafizzy is kinda interesting (what this websites UI is based off of)

Have you considered that maybe he's using this pricing model because it's novel and entertaining? Perhaps maximizing his profits isn't his goal; it doesn't always have to be. Plus, any logos he doesn't sell in this scheme can just be sold individually later on.

I have never previously cared even a little bit about a designer selling logos, but this one really caught my attention because of the unusual pricing scheme.

Re: Logo Pizza: Hot and ready logos for sale

#50

Earlier quoted context omitted.

After spending much time among entrepreneurs I find that there are very few with a "business" mind. Great idea, horrible model. This pricing model is so far out of left field that I had to do some research to see if it's ever been successful. It hasn't. Although https://github.com/metafizzy is kinda interesting (what this websites UI is based off of)

> I had to do some research to see if it's ever been successful. It hasn't. You failed at your research. In art, this is quite common. As an artist gains notoriety, their work goes up in price. How much do you think Picasso sold his early works for? How much do you think Picasso paintings are worth now? Also, Minecraft started out cheap and got more expensive over time.

condescendence's point is not that there is nothing in the world which goes up in value over time.
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