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by robocat 457 days ago
Unfortunately most consumers are unwilling to pay what something is worth to them. Businesses are often the same so it isn't just consumer behaviour.

Meeting the right person should be worth a lot, and we should be happy to pay thousands for that.

Of course the profit depends on the user statistics too: I'm not sure what the economic term for profit thresholds for power law masses versus targeting - where say lots of users with a low profits per user (say advertising) beats reasonable profits per user (say kagle).

3 comments

It's because we loosely understand that value based pricing is a scam.

An insulin shot at the right moment can be of unlimited value to the consumer. SaaS salesmen try to capture the entire value add a tool gives a user, but this seems to kill companies as the price a competitor can undercut by is huge (so much that the original price seems exploitative).

Basically any marketing based on the "value to me" I'm sceptical of.

An approach with transparency, that shows "this is what delivering an actually good product costs", might be possible...

The problem is most people won't send in a check to the matchmaker when they get married (or whatever the success criteria is). You've got to pay before the introduction, and you can't know if the introduction will be good before you have it.

E-Harmony seemed like it was going for the pay a bit more, one time, and you'll take who you get and be done. But I don't know if that worked for them.

> Meeting the right person should be worth a lot, and we should be happy to pay thousands for that.

We're happy to pay much more than thousands to marry the right person.

Meeting the right person doesn't do anything for you; why would you pay thousands for it?

"A Jewish man goes into the synagogue and prays. "O Lord, you know the mess I'm in, please let me win the lottery."

The next week, he's back again, and this time he's complaining. "O Lord, didn't you hear my prayer last week? I'll lose everything I hold dear unless I win the lottery."

The third week, he comes back to the synagogue, and this time he's desperate. "O Lord, this is the third time I've prayed to you to let me win the lottery! I ask and I plead and still you don't help me!"

Suddenly a booming voice sounds from heaven. "Benny, Benny, be reasonable. Meet me half way. Buy a lottery ticket!""

I think you'll find that the market price for speculative lottery tickets is very far below the value of winning the lottery. Do you not agree?
It made the news a while back when someone was offering $10k USD to anyone who introduced them to someone he would marry.

I would do the same, but I don't know how to make it feasible without sounding terrible.

I do often let people know I'm open to matchmaking if they know any women my age.

It seems like these dating services could hold the bulk of the money in escrow pending the marriage. Maybe you pay a few hundred up front, but a few thousand in escrow, and when you get married, it gets paid out.
Maybe get the same problem as recruitment agents.

In theory an agent should want to match you to a good job. In practice it's a minefield.

Well, you can't marry who you never meet. What would it be worth for you to pay a bribe to a time traveler not to go into the past to prevent your parents from ever meeting? ;)