Proof that many, many more people believe that this is just a fad.
The companies themselves! They are cashing in on this fad like it's a life or death situation. My friend bought a 40oz. drink (hella big, I know) and got his for free with it. What does this mean?
1. That the price of the 40oz. drink went from large to larger.
2. That the price of the drink remains the same but they sell many more of them.
3. That the company knows that this is a short time window of opprotunity to cash in. It was mentioned earlier that someone got theirs with a Teddy Bear and the bear matched the band. What does that tell you?
Now, that's just the "lookie what I've realized" part. Let me explain it to you in economics now. It's not like I haven't before. The companies are doing almost the exact same thing that McDonalds has been doing for decades. They're adding an incentive to what they are selling. If people want the wristband because it's cool, they'll buy the things that go along with them (and the companies can report that sales of XXXX item is up). This isn't always good to do as a constant, like McDonalds, but when there is a definate fad on the market, it's great! All this really is is an advertising ploy mixed in with a chance to draw in more profits. Remember, kids, the two main laws of economics. "Incentives matter", which applies here and. "TANSTAAFL". Ask about "TANSTAAFL" in a PM or AIM if you want to know, but it's a long story.
Q
The companies themselves! They are cashing in on this fad like it's a life or death situation. My friend bought a 40oz. drink (hella big, I know) and got his for free with it. What does this mean?
1. That the price of the 40oz. drink went from large to larger.
2. That the price of the drink remains the same but they sell many more of them.
3. That the company knows that this is a short time window of opprotunity to cash in. It was mentioned earlier that someone got theirs with a Teddy Bear and the bear matched the band. What does that tell you?
Now, that's just the "lookie what I've realized" part. Let me explain it to you in economics now. It's not like I haven't before. The companies are doing almost the exact same thing that McDonalds has been doing for decades. They're adding an incentive to what they are selling. If people want the wristband because it's cool, they'll buy the things that go along with them (and the companies can report that sales of XXXX item is up). This isn't always good to do as a constant, like McDonalds, but when there is a definate fad on the market, it's great! All this really is is an advertising ploy mixed in with a chance to draw in more profits. Remember, kids, the two main laws of economics. "Incentives matter", which applies here and. "TANSTAAFL". Ask about "TANSTAAFL" in a PM or AIM if you want to know, but it's a long story.
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