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by thisiscorrect 1296 days ago
Most people are terrible at pricing an item over its full lifetime. A smaller cash outlay almost always attracts a sale, even if the item has a much shorter expected lifespan than a more expensive alternative, or will require constant repairs, etc. Seeing a low base price on a car, fridge, etc will sway people to buy an item even if there's now a larger operational expense. You're not just powering a device you own anymore but also "unlocking" the Ice Maker Feature(tm) for $5/month.

This feels like businesses are trying to force everyone in the debt trap that keeps the poor where they are. Having to pay a monthly subscription for basic functionality isn't _that_ different from being in debt. But instead of floating consumers a loan, these companies are selling an item that selectively breaks if they miss a payment.

1 comments

Except I'm not seeing anything on subscription where you already own the hardware actually being sold for cheaper!
Part of it is simply, why would it sell for cheaper when they can get away selling it for the same?

And part of it, I believe, is inflation. I.e. I believe inflation is vastly undercounted and underreported, because a good chunk of it hides in "shrinkflation", decrease of manufacturing quality, lower-quality components, replacing customer service with "AI" chatbots and recently also voicebots, more ads and upsells, and - of course - extra subscriptions tacked on to everything.