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Consumer Psychology and Why Pricing IoT Products is Hard
Manage episode 260993563 series 2666583
In this episode I talk about the consumer psychology around pricing Internet of Things products. There are essentially 2 basic models and both are extremely difficult to make profitable. This and other insight into why making a consumer hardware product is really really hard.
Let's Connect! I would love to hear from you. Thoughts, opinions, or even just to introduce yourself so I can get to know you better. You can find me in the following places:
Twitter: https://twitter.com/kevinsidwar
Instagram: https://www.instagram.com/sidwarkd
Facebook: https://www.facebook.com/sidwarkd
Email: kevin@sidwar.com
56 episoder
Manage episode 260993563 series 2666583
In this episode I talk about the consumer psychology around pricing Internet of Things products. There are essentially 2 basic models and both are extremely difficult to make profitable. This and other insight into why making a consumer hardware product is really really hard.
Let's Connect! I would love to hear from you. Thoughts, opinions, or even just to introduce yourself so I can get to know you better. You can find me in the following places:
Twitter: https://twitter.com/kevinsidwar
Instagram: https://www.instagram.com/sidwarkd
Facebook: https://www.facebook.com/sidwarkd
Email: kevin@sidwar.com
56 episoder
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