Allofmp3 Doesn't Really Care If Russia Joins The WTO Or Not

from the try,-try-again dept

The US (thanks mostly to RIAA lobbyists influencing politicians) has been putting pressure on Russia to shut down the infamous Allofmp3.com as a condition of being admitted to the WTO. However, there's still the same old problem that Russian authorities don't really see Allofmp3 as violating local laws. The company itself has finally put out a statement on the matter basically saying that Russia's position in the WTO is of no concern to them, and they're just going to keep selling music as they've always done. In fact, they've picked up on the idea that all this anger over their existence is helping them on the marketing side (just as every other attempt to shut down online services has done). An Allofmp3 spokesperson is quoted as saying: "[US Trade Representative] Susan Schwab markets us so effectively -- she could already be our press secretary." They then reiterated that they're in complete compliance with Russian law, and that the complaint is really anger over them being a better, cheaper competitor.

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  1. identicon
    Stu, 6 Oct 2006 @ 7:28pm

    about pricing merchandise

    The selling price of an item, whether it is physical or virtual, has only a small relationship to the costs of production. At the core, there are only a few questions that a seller must consider.

    1) What is the perceived value of this item to potential customers? In other words, "How high a price can we charge for the item before sales are hurt?"

    2) If we can sell it for x and sell y quantity, is it worth doing? Repeat this until a viable answer is found. If not, don't sell the product - costs must be covered, and profits made.

    Thinking about their costs of production will just make you bitter. How much is it worth to you?

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