View Single Post
Old 01-27-23, 09:02 AM
  #29  
pdlamb
Senior Member
 
Join Date: Dec 2010
Location: northern Deep South
Posts: 8,904

Bikes: Fuji Touring, Novara Randonee

Mentioned: 36 Post(s)
Tagged: 0 Thread(s)
Quoted: 2604 Post(s)
Liked 1,933 Times in 1,213 Posts
Originally Posted by stevel610
From Stravas perspective they probably figure raise the price 50%, lose 20% of customers will pay off in the end.
Reminds me of kindergarten Econ, where the professor asked the class to bid on apples. Most of us bid 10-25 cents per apple (yes, that was a long time ago), but one guy bid $20 for an apple, which would have maximized the professor's profit.

So maybe the answer is to raise the price to $175 million per year, and make all their money off Mr. Musk's subscription until he loses a lawsuit and cancels his subscription, too.

Strava is making my decision easy. Last year I was looking at Strava and Ride with GPS costs and couldn't decide which one to cancel; so I dithered, and both of them auto-renewed. This year the decision will be easy. But, oh, darn, I'll lose both of my local legends. Boo. hoo.
pdlamb is offline