Sport LayTech blog's Facer WatchFace for WearOS
It’s not groundbreaking news that products often have tiers. Whether it is cars, washing machines, or airline tickets, you have some iteration of bronze, gold, and platinum. You have the entry-level, the mid-grade, and the premium. The workhorse and the ultra-luxury model. But looks and labels don’t always tell the whole story. Sometimes when buying a product or service, you may be getting a whole lot of the same thing and not even realize it. First, a short primer on price discrimination . This is a concept in economics that, simply-put, means that a seller can get some people to dole out more money for the same thing than it can others. How is that possible? In part, this is influenced by the fact that not everyone has the same amount of money they’re willing, or able, to spend. Second, it is also a function of desire. One person who has a stronger desire for the product, may be willing to pay more for it than another person who desires the same product less. “But everyone is price...