tag:blogger.com,1999:blog-7169279.post3514924768727853197..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: One product fits all?Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-7169279.post-92019051416344226042008-05-07T12:21:00.000-06:002008-05-07T12:21:00.000-06:00-1 on William because both comments have already b...-1 on William because both comments have already been counted.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-91888591477171097752008-04-13T23:43:00.000-06:002008-04-13T23:43:00.000-06:00Dr. Tufte,I agree with you and think that what is ...Dr. Tufte,<BR/>I agree with you and think that what is going on is basic bundling. With the cell phones they are able to bundle certain products together to create a new market (differentiate). I think in the future we will see a lot more of bundling because consumers like to have things quick, easy, and all together in the same unit. Of course the bundling must be something that the consumer Williamhttps://www.blogger.com/profile/09091219498842177845noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-41984809095684900192008-04-13T23:42:00.000-06:002008-04-13T23:42:00.000-06:00This comment has been removed by the author.Williamhttps://www.blogger.com/profile/09091219498842177845noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-89869966866306773462007-04-27T15:57:00.000-06:002007-04-27T15:57:00.000-06:00This is all platitudes. You missed the ManEc: 1) p...This is all platitudes. You missed the ManEc: 1) product differentiation, 2) product bundling, and 3) sustaining competitive advantage.<BR/><BR/>1) They constantly add features as a form of differentiation.<BR/><BR/>2) Not all bundles are guaranteed to work - it depends on the price and value of each combination.<BR/><BR/>3) Competitive advantage isn't sustainable, in this arena, on the basis of Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-70677910823458843102007-04-06T16:14:00.000-06:002007-04-06T16:14:00.000-06:00I agree with Kate in that there will always be sep...I agree with Kate in that there will always be separated products. I would not be interested in playing monopoly on my cell phone. I would rather spend the time with friends and interacting with them. On the other hand I love the technological advances. What a wonderful time to live in which it is getting easier and easier to communicate all types of information. I believe our economy is bendhttps://www.blogger.com/profile/07797997471160734244noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-58203569846467455812007-04-03T12:48:00.000-06:002007-04-03T12:48:00.000-06:00It is very exciting to see what is in store for th...It is very exciting to see what is in store for the future. When I identify new technology and trends I like to see how they will help me accomplish tasks. If they serve me better then past technology’s or enable me to serve more ends with less means then I am all for it. <BR/><BR/>If my purpose for playing monopoly was to interact with other individuals and throw fake money when I lost, a Sallyhttps://www.blogger.com/profile/16857469686958284381noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-8871673559130720212007-03-30T11:50:00.000-06:002007-03-30T11:50:00.000-06:00Yes, I agree that technology has made it possible ...Yes, I agree that technology has made it possible to integrate products and find better product solutions. The question however always remains: Does this new feature actually make things easier? From the very beginning the producers of mobile phones have been adding feature after feature to their products. Not every new feature however was a success and cell phones still have a tendency to brake josephhttps://www.blogger.com/profile/10370270297496779774noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-90712880120385194902007-03-28T12:44:00.000-06:002007-03-28T12:44:00.000-06:00I agree with Sebastian. The new and exciting produ...I agree with Sebastian. The new and exciting products we use today are the same old products varied slightly or with new features and capabilities added. Look at cars. They started out as wagons or carriages and have evolved over the years, giving us the many makes, styles and options we have today. Product creation and innovation is most often about meeting a need better than the old product didPatrickhttps://www.blogger.com/profile/15537514981181573945noreply@blogger.com