Where is the Line for the Lowest Price?
A Commodity of Errors
OK, so I'm driving down this road and I see this sign that says "We will meet or beat any bid". On the surface it sounds reasonable - price wins.
Here's what I came up with:
So, I naturally start asking myself when does price not matter? When am I not interested in having someone beat the lowest bid?
- When I'm flying in an airplane
- When I'm climbing a mountain and need the equipment to work
- When I'm securing my family in our vehicle
- When I'm seeking legal or financial advice
- When I'm having major surgery
I'm sure there are others, but basically when survival is at stake, most people are not asking, "How much is this going to cost? " or "Can I go to bid on this?"
So where is it OK to have the lowest bid? I mean it boils down to rewarding innovation and efficiency too, correct? So where do we as consumers draw the line?
What do you think?
My favorite advice that a fellow designer taught me:
Cheap, Fast, Good. Choose 2
If its going to be cheap and you need it fast its not going to be good.
If its going to be fast and good its not going to be cheap.
and if its Good and Cheap, its definitely not going to be fast.
Left by Michael Pierce | Mar. 12, 2010 at 1:10pm
@Michael, that saying is in software development also. Seems to be a theme when ever building something creative.
Left by Paul at SC | Mar. 15, 2010 at 10:28am
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