Showing posts with label Phones. Show all posts
Showing posts with label Phones. Show all posts

Monday, January 2

Marketing value of 1¢

A few months ago, an ad in the newspaper caught my attention:


The 1¢ figure perplexed me. I understand why phone companies might want to give you a free phone if you sign a three-year contract for phone services. But why charge 1¢? From a revenue standpoint, the 1¢ must be inconsequential to Rogers. Isn't free more attractive?