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Logo Pizza: Hot and ready logos for sale

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Re: Logo Pizza: Hot and ready logos for sale

#201

Post by davemel37 »

imaginenore wrote: post #200
davemel37 wrote: post #138

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." It's very risky to preface your opinion with a statement that might reflect on yourself potentially. IMO, This model is used successfully all the time in hundreds of variations, from Saas products upping prices as they add features, to people buying on sale before the price goes up, to pe…

Your comparisons are completely invalid. This is quite different from penny auctions or services that get better in time. This is inverse actually, as less desired logos get sold at higher and higher prices.

Your assumption that there is such a thing as a more or less desired logos is completely invalid. It is a completely subjective issue. Even if it wasn't subjective, they are certainly geared towards different industries.

The social influence mechanisms are the same as a SAAS Product adding features (which again are of subjective value, and not necessarily an improvement in service, just in perceived value.)

Re: Logo Pizza: Hot and ready logos for sale

#202

Post by jjnoakes »

amelius wrote: post #113
zackbrown wrote: post #91

Earlier quoted context omitted.

Flaws notwithstanding, I appreciate the sense of urgency this pricing model imparts. "Buy now, or pay more!"

I can imagine that the good icons are taken first. But paradoxically, they are also priced the cheapest, while the really ugly icons end up being most expensive. Strange.

Why is it good vs bad objectively? Why isn't it more suitable and less suitable for a specific buyer's purpose subjectively?

Re: Logo Pizza: Hot and ready logos for sale

#205

Post by imaginenore »

davemel37 wrote: post #201
imaginenore wrote: post #200

Earlier quoted context omitted.

Your comparisons are completely invalid. This is quite different from penny auctions or services that get better in time. This is inverse actually, as less desired logos get sold at higher and higher prices.

Your assumption that there is such a thing as a more or less desired logos is completely invalid. It is a completely subjective issue. Even if it wasn't subjective, they are certainly geared towards different industries. The social influence mechanisms are the same as a SAAS Product adding features (which again are of subjective value, and not necessarily an improvement in service, just in perceived value.)

Of course there are more desired logos. The ones that are picked first.

Re: Logo Pizza: Hot and ready logos for sale

#206

Post by markdown »

imaginenore wrote: post #205
davemel37 wrote: post #201

Earlier quoted context omitted.

Your assumption that there is such a thing as a more or less desired logos is completely invalid. It is a completely subjective issue. Even if it wasn't subjective, they are certainly geared towards different industries. The social influence mechanisms are the same as a SAAS Product adding features (which again are of subjective value, and not necessarily an improvement in service, just in perceived value.)

Of course there are more desired logos. The ones that are picked first.

There are two cars in a lot sold for the same price. Any buyers cannot resell them and must buy them solely for their own use.

One is a Bugatti Veyron fresh off the factory floor, and the other is a 2nd hand 10yr old Ford pickup.

A 55yr old farmer shows up. He lives out in farm country at the end of a 4 mile driveway that looks like this: http://imgur.com/a/SsusC and he needs a vehicle for general farm work.

Which car does he buy?

Re: Logo Pizza: Hot and ready logos for sale

#207

Post by sotojuan »

swagasaurus-rex wrote: post #164
kelvin0 wrote: post #160

Brilliant! However, they are quite pricey at 500$. I always thought making a custom logo would be expensive, but buying a ready made one could be much cheaper, any thoughts regarding the pricing?

It goes up by $20 every time somebody purchases a logo. Not really a sustainable business model, but it seems to be working wonders this morning with the increased traffic coming from Hacker News.

Pinboard did the same thing in the beginning. Of course, Pinboard increased by a fraction of a cent with each new subscription, not $20.

Re: Logo Pizza: Hot and ready logos for sale

#209

Post by wppick »

davemel37 wrote: post #201
imaginenore wrote: post #200

Earlier quoted context omitted.

Your comparisons are completely invalid. This is quite different from penny auctions or services that get better in time. This is inverse actually, as less desired logos get sold at higher and higher prices.

Your assumption that there is such a thing as a more or less desired logos is completely invalid. It is a completely subjective issue. Even if it wasn't subjective, they are certainly geared towards different industries. The social influence mechanisms are the same as a SAAS Product adding features (which again are of subjective value, and not necessarily an improvement in service, just in perceived value.)

At first I thought the pricing model was backwards, but then I considered that for each logo that was purchased there is an increase of social validation which makes it more tempting for other to buy. I also immediately thought that he marked 17 as sold to give the impression that anyone bought his logos

Re: Logo Pizza: Hot and ready logos for sale

#210

Post by nolemurs »

pram wrote: 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 think you maybe misunderstand the point of this web site.

The designer has no interest in selling all or even most of the logos at the sort of market rate they could actually command. The website is much more useful as a portfolio/marketing tool than as an actual logo store. What the designer wants is for the price to rise high enough to prove that he can sell logos and to set expectations for clients who want custom work, while also guaranteeing that most of the logos go unsold thus keeping his portfolio active and engaging.

If the price went down with each logo sold, he might never even get that first sale, and if he did, there would eventually be a snowball effect which would lead to everything selling out, and his no longer having such a neat attention-getting portfolio.

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