Astro Teller Quotes

When we cut the price for bananas by 1 ruble, we sell 100 tons a day more... There are people who live within their budget.

For every $10 you reduce the price of the smartphone, 100 million more people will buy them.

I know the price of lettuce. You need to understand price and value. You buy the best lettuce you can at the best price you can.

For somebody for whom they're going to buy a certain amount of gas irrespective of the price, should they really spend so much time thinking about the price of gas? It doesn't affect anything they do.

Things that price at $4.99 sell very differently than things that price at $5.

The intriguing aspect of food charges on airlines is that they create the perfect laboratory for any economist who wishes to study the question of how to price a good that possesses, by universal consensus, absolutely no objective value.

To sell something, tell a woman it's a bargain; tell a man it's deductible.

Supply always comes on the heels of demand.

The salability of an item can often be improved while the value itself remains unchanged.

When I started at Bloomingdale's as a buyer, Alexander's was a discounter across the street, and every time Alexander's had something that we had at Bloomingdale's, we'd have to meet price. I didn't really want to be in a business where I had no control over my inventory, the value of my inventory.

As demand goes down, you will see prices come down.

There's always a fine line between 'What is the market going to bear?' and, 'By the way, I've got 2,000 unsold seats.'

For 99 issues out of 100 we could say that at some price they are cheap enough to buy and at some price they would be so dear that they would be sold.

Every time you choose a perfume, you are voting. And, of course, I hope you vote for me. Not only for my ego, but for my pocketbook. The more you buy, the more money I make.

I live in Selfridges because it has everything under one roof. Liberty's is great for the same reason - I'm so lazy, I hate walking from shop to shop. Powder in Crouch End always has great designer labels in, so when I walk past I have to put my blinkers on because every time I nip in I come out with too much stuff; it's dangerous.

I'm not one of those people who hates Amazon because they're big. Why pay a third more for the same thing?

I like the work. If I upped the price, I wouldn't get the work.

I priced my books at what I would want to spend on an electronic book.

My instinct is to assume that we consumers are an inconsistent bunch. We like competition if it delivers low prices, but grumble if it delivers the bad news that prices need to go up.

Bargain... anything a customer thinks a store is losing money on.

It isn't as important to buy as cheap as possible as it is to buy at the right time.

In a sense, there is no such thing as a bargain in computing. Models which are popular sell for the price they are supposed to fetch for the best part of their product cycle.

The whole hardware industry has experienced the phenomenon in which every time computers get cheaper, they appeal to a new set of users; every time they get more powerful, old customers upgrade.

There's no question that consumers are looking for value today.

I think the market is always going to be around. The goal is not to say, let's get rid of the market, because the market does render a huge number of services, and I don't want to have a fight about the price of something every time I buy a book or a bottle of water.