Posts Tagged: businessmodels


22
Nov 09

Daily Links for November 20th through November 22nd

All excerpts are quoted from the respective link(s).


  • Matt Taibbi – Taibblog – Sarah Palin, WWE Star – True/Slant – At the end of this decade what we call “politics” has devolved into a kind of ongoing, brainless soap opera about dueling cultural resentments and the really cool thing about it, if you’re a TV news producer or a talk radio host, is that you can build the next day’s news cycle meme around pretty much anything at all, no matter how irrelevant — like who’s wearing a flag lapel pin and who isn’t, who spent $150K worth of campaign funds on clothes and who didn’t, who wore a t-shirt calling someone a cunt and who didn’t, and who put a picture of a former Vice Presidential candidate in jogging shorts on his magazine cover (and who didn’t).

14
Sep 09

Daily Links for September 13th

All excerpts are quoted from the respective link(s).

  • What We Can Learn About Pricing From Menu Engineers – Rapp is a menu engineer. He helps restaurants maximize revenue by hacking common flaws in human decision-making. For example, by simply removing “$” signs from prices, people are less intimidated by them. And he advises against listing items from least to most expensive, because that focuses the consumer on price. Instead he mixes up items, making it hard to find their price — thereby encouraging the customer to emotionally commit to something before finding out what it costs. But my favorite strategy of his is that of putting some absurdly expensive item on the menu. Rapp doesn’t expect many consumers to buy it, but having it there makes expensive items appear cheap by comparison. Think about it: How many times have you ordered a bottle of wine in the middle of the price range?

31
Jan 09

Daily Links for January 30th

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