We Wrote This Post About A New Price Revolution And It Might Not Make Any Sense To You | Exploring Markets

We Wrote This Post About A New Price Revolution And It Might Not Make Any Sense To You

I would like to write a quick post on "price". That being the prices of goods and services.

Price as it currently stands is old and outdated. Instead I would like to say that price is the following equation:

"Duration of time the good stays working/price = true price"

Price is a function of time and space and not a static number only functional in that exact moment.

I see two sweaters. One costing $80 and the other costing $50. The one that costs $80 can guarantee a year of beauty and durability. The one costing $50 dollars can guarantee 6-months of beauty and durability. Which do you buy?

If you don't understand this equation, well that is exactly why you're buying the less durable sweater and not getting your best deal.

I'd like to see a revolution in price.