Apple iPhone: Marketing at its best

by Patrick Altoft on / 5 responses

Apple have just pulled off a marketing move that no other company in the world would dare to even attempt.

For months the iPhone has been selling very well at a price tag of $599 and Apple has today announced a price drop of $200. Early adopters are upset and some consider the $200 to be “wasted”. Most just accept that the price drop was inevitable.

Apple started off with a high price to cover marketing and development costs as well as to create the perception of the iPhone being worth $599. Now the iPhone is $399 it suddenly became a great deal and will sell in even larger quantities.

Giving your customers the feeling they are getting a great deal is the holy grail of marketing, get that right and nothing will stop you.

Patrick Altoft is Director of Search at Branded3, a Leeds SEO & Digital Agency specialising in SEO, Web Design, Development & Social Media.

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Comments

Read the 5 comments below, or add your own!

September 5, 2007 at 10:50pm

The ‘classic’ will hold all my songs… but the touch one… mmmmm touch screen :p

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September 6, 2007 at 12:48am

I’m still holding out until Christmas. I expect some improvements. I hope to use the iPhone as a portable USB hard drive. Hopefully they will have this functionality soon.

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September 7, 2007 at 8:15pm

I am holding out until Christmas too. I am so happy that the price is down now, before i buy it ;-)

Reply

Radhwan
September 9, 2007 at 8:26pm

WOW

Reply

August 25, 2008 at 9:31pm

Thanks for the article on Social Bookmarking! Very informative… and timely! Keep them coming.

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