What price will the base model Google Glass retail for in USD?

Follow |   296
Recruiting
  1. Welcome. First, let us explain the four tasks in each question. This button will later bring you to the wiki with some background information to the question. Now please click the blue arrow > to continue.
  2. This button will show you the exact judgement rule which specifies how the question will be settled and the winner determined. You must accept the rule to unlock trading.
  3. Clicking here will open the trading section where you can then buy and sell predictions using your virtual credits.
  4. The last button will bring you to the market talk section. Try to convince other traders of your predictions with a good argument.
  5. The better your predictions are compared to other traders, the higher will be your share of the incentive.
  1. Welcome! First, please click the “book” icon to jump to a question's information wiki.
  1. Great! Now please click here to check the exact judgement rule.
  1. Now, let’s do your first trade together. Please click here.
  1. Last task: Now convince other traders of your answer to push its price.
  1. When finished, click here to proceed to the next question.
  2. Click here to return to the previous question.
  3. Click here to jump to any question directly.
  4. Continue to trade, talk, or rate before proceeding to the next question.
  • No questions for this search term
  1. This is how the question will be judged in the end, when the final outcome becomes known.
  2. This is the precise date or end of the period to which the question refers.
  3. After reading the judgement rule, please click here.
Close

§ Judgement rule

How will the final result of the question be determined?

Modify Final result
At the time of the announcement of retail availability, the price (USD) of the lowest tier model available in the US will be used.
Reference date: Dec. 31, 2013, 23:59 PST

Answer options

Widget Price
● $1000 USD or greater
7.48 %
● $750 to $999 USD
16.06 %
● $500 to $749 USD
29.07 %
● $250 to $499 USD
38.46 %
● Less than $250 USD
8.91 %

Price trend

Transactions
  1. Study the background information carefully.
  2. Read the background information carefully, before proceeding.

Wiki article

Edit

Background

Wikipedia article: Google Glass

Analysis

We could look at the future price on a cost-plus basis for similar hardware gadgets. However, that model is best for non-differentiated hardware. Given the device's uniqueness, we also need to look into strategic pricing and into value pricing.

Cost-plus basis

Google Glass - Copyright: Miguel Ángel Uriondo, on Flickr. Google expects the device to go into mass market production by the end of 2013 with a retail price of under $1500. [1] According to Jason Tsai, researcher at Topology Research Institute, Google Glass could retail for $299, in consideration of the cost of its display sourced from Himay Inc at an estimated $30 - $ 35. [3] This opinion was criticized by Andrew Grush of Android Authority who predicts a price range of $450 to $800, arguing that the hardware cost is but a part of Google Glass's cost structure, including R&D. [4] Kevin Tofel of GigaOM supports Tsai's prediction, comparing Glass's hardware cost to a $199 Motorola MotoActv smart watch with similar components. [5]

Strategic pricing

At the time of Google's IPO, Larry Page and Sergey Brin chose a lower IPO price to ensure the attractiveness of the issue. Given the importance of a successful launch of a highly visible new product, they could repeat this strategy with a basse version of Google Glass. Profitability could still be substantial, through the benefits of the learning curve and through appropriate premium model differentiation.

Value pricing

Google Glass might serve new purposes of higher utility for users or certain user groups, thus allowing a premium price. (Which are the high-value applications?)

  1. Google publishes new Glass 'how to' video - PC World Australia, 1 May, 2013
  2. Google Glass Videos - Google YouTube Channel
  3. Google Glass likely to be priced at US$299: researcher - The China Post, August 8 2013
  4. Google Glass for just $299? - Android Authority, 12 August 2013
  5. Why Google Glass costs $1,500 now and will likely be around $299 later - GigaOM, 8 August 2013

Topics

Assign
  1. Offering the reason for your trade may convince other traders to follow your opinion.
  2. Click '+' if you agree, or '–' to disagree. You get a credit for every rating you make.
  3. For each '+' the author will get +100 credits added to his trading account .
  4. If you rate a comment with "-", please reply and state your objection.
  5. Now please rate, reply, or write your own comment. Best of luck!

Reasons and arguments Analyze

USD 5
Total prize money
Top 5 participants (Ranking) Credits
1. William Clear 2,085.69
2. Dominik Lux 288.08
3. Günther Fädler 91.84
4. Carina Weeks -1.00
5. ellen smyth -10.00
Question owner:
Anonymous
  • 15,934 Views
  • 130 Messages
  • 972 Transactions
This question has 296 followers