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	<title>Comments on: Mp3 Player Price War Looming</title>
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		<title>By: Om Malik</title>
		<link>http://gigaom.com/2005/01/21/mp3-player-price-war-looming/#comment-99999</link>
		<dc:creator><![CDATA[Om Malik]]></dc:creator>
		<pubDate>Wed, 30 Nov -0001 00:00:00 +0000</pubDate>
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		<description><![CDATA[&lt;p&gt;Wow, 2 million actually sounds like a lot. I&#8217;ve still yet to meet someone who&#8217;s mp3 player isn&#8217;t white. &lt;/p&gt;]]></description>
		<content:encoded><![CDATA[<p>Wow, 2 million actually sounds like a lot. I&#8217;ve still yet to meet someone who&#8217;s mp3 player isn&#8217;t white. </p>
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		<title>By: Charlie Sierra</title>
		<link>http://gigaom.com/2005/01/21/mp3-player-price-war-looming/#comment-100000</link>
		<dc:creator><![CDATA[Charlie Sierra]]></dc:creator>
		<pubDate>Wed, 30 Nov -0001 00:00:00 +0000</pubDate>
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		<description><![CDATA[&lt;p&gt;The only thing the working man has to fear are the MORONS in the corporate board room.&lt;/p&gt; &lt;p&gt;I must wonder how many Harvard MBA&#8217;s have approved of this STUPID strategy of competing on price.&lt;/p&gt; &lt;p&gt;Even that political wacko James Carvelle knows that when you are in a hole, the first thing to do is STOP digging.&lt;/p&gt; &lt;p&gt;Apparently, these moronic mgt teams have never heard of &#8220;behavioural finance&#8221;, etc., nor have they ever read Paco Underhill&#8217;s &#8220;Why we Buy&#8221;, or even &#8220;Trading Up&#8221;, or lest I forget my personal favorite Virginia Postrel.&lt;/p&gt; &lt;p&gt;The value prop of the iPod is nowhere near as crass as a &#8220;low price&#8221;, its an intangible.&lt;/p&gt; &lt;p&gt;By continuing to compete on price, these jackass competitors only enlarge the gulf between themselves and Mr. Jobs. They are playing right into his hand.&lt;/p&gt; &lt;p&gt;If mgt morons had a clue they would match the iPod&#8217;s price and then imbue their product with different mix of intangibles. &lt;/p&gt; &lt;p&gt;The way to crack the iPod&#8217;s strangehold is to discredit its intangibles, not highlight them.&lt;/p&gt; &lt;p&gt;Focus not on your product per se, but what consumers feel or derive from your product. &lt;/p&gt; &lt;p&gt;Competing with powerful internized intangible attributes with the blunt force of lower prices is just plain stupid.&lt;/p&gt; &lt;p&gt;Apple fully understands that the iPod is a proxy for something much larger in scope than merely playing music. You would think after several years, somebody else would&#8217;ve noticed this. &lt;/p&gt;]]></description>
		<content:encoded><![CDATA[<p>The only thing the working man has to fear are the MORONS in the corporate board room.</p>
<p>I must wonder how many Harvard MBA&#8217;s have approved of this STUPID strategy of competing on price.</p>
<p>Even that political wacko James Carvelle knows that when you are in a hole, the first thing to do is STOP digging.</p>
<p>Apparently, these moronic mgt teams have never heard of &#8220;behavioural finance&#8221;, etc., nor have they ever read Paco Underhill&#8217;s &#8220;Why we Buy&#8221;, or even &#8220;Trading Up&#8221;, or lest I forget my personal favorite Virginia Postrel.</p>
<p>The value prop of the iPod is nowhere near as crass as a &#8220;low price&#8221;, its an intangible.</p>
<p>By continuing to compete on price, these jackass competitors only enlarge the gulf between themselves and Mr. Jobs. They are playing right into his hand.</p>
<p>If mgt morons had a clue they would match the iPod&#8217;s price and then imbue their product with different mix of intangibles. </p>
<p>The way to crack the iPod&#8217;s strangehold is to discredit its intangibles, not highlight them.</p>
<p>Focus not on your product per se, but what consumers feel or derive from your product. </p>
<p>Competing with powerful internized intangible attributes with the blunt force of lower prices is just plain stupid.</p>
<p>Apple fully understands that the iPod is a proxy for something much larger in scope than merely playing music. You would think after several years, somebody else would&#8217;ve noticed this. </p>
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