Sergey Galitsky Quotes

Every time you drop the price by a factor of two, you roughly get a 10 times pickup of the number of people who will seriously consider buying it.

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

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.

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

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

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

The difficulty lies, not in finding a producer, but in finding a consumer.

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.

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.

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

If stores and vendors know there is a demand for organic products, they will make them. The more they make, the more the cost comes down.

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.

We're not in the business of shaping consumer demand. We respond to it.

Fairly or not, Western consumers associate Chinese products primarily with 'low price.'

Supply always comes on the heels of demand.

If milk goes way up in price, my people in Idaho can stop drinking milk. But we can’t stop using power.

5,000 units will saturate the market.

If Uber is lower-priced, then more people will want it. And if more people want it and can afford it, then you have more cars on the road. And if you have more cars on the road, then your pickup times are lower, your reliability is better. The lower-cost product ends up being more luxurious than the high-end one.

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

We are headed toward 'perfect capitalism,' when the laws of supply and demand become exact, because everyone knows everything about a product, service or customer. We will know precisely where the supply curve meets the demand curve, which will make the marketplace vastly more efficient.

I went to Villarreal for 30% less than I could have earned in Mexico.

Most things that people want already exist, and with Amazon or eBay, there is always someone who is willing to undercut your price.

Anything that helps consumers get more for their money is fine by us.

We might as well reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper, as whether value is governed by demand or supply.