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    Ripping the bandaid off of the Sunk Cost Fallacy Issue

    Scheduled Pinned Locked Moved IT Discussion
    sunk cost fallacybusinessbusiness systems
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    • scottalanmillerS
      scottalanmiller @JaredBusch
      last edited by

      @JaredBusch said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

      @Dashrender actually a printer should almost always cost more to install the cost to buy because they are actually that cheap to buy

      It cost more just to show up than it normally costs to buy a printer 🙂

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      • scottalanmillerS
        scottalanmiller @Dashrender
        last edited by

        @Dashrender said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

        As for a bench tech - that was mostly tongue in cheek. I mean when I'm consulting somewhere for something like this, sure I'm willing to spend my $150+/hr cost unboxing if you want me to - but normally someone at the office has it unboxed with all paperwork/cables, etc sitting there for me to install. Even if I do have to unbox it, that only adds 10 mins. I typically takes me less than 1 hour to setup a printer from unbox to GPO finished.

        One hour is more than the cost of most printers today (desktop ones.) And if you include unboxing time and such, you easily have another hour just looking for cables, clearing desk space, etc.

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        • DustinB3403D
          DustinB3403
          last edited by

          I wish I could charge $150 for unpacking and setting up a printer....

          My god... I'd only do that all day...

          scottalanmillerS 1 Reply Last reply Reply Quote 1
          • scottalanmillerS
            scottalanmiller @DustinB3403
            last edited by

            @DustinB3403 said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

            I wish I could charge $150 for unpacking and setting up a printer....

            My god... I'd only do that all day...

            That's what Best Buy does, all day long.

            DustinB3403D 1 Reply Last reply Reply Quote 0
            • DustinB3403D
              DustinB3403 @scottalanmiller
              last edited by

              @scottalanmiller Yeah, best buy, they can't even pick the correct RAM for new laptops that they are selling!

              Also it's the business charging it, not the individual. I was referring to me charging that directly. No middle man.

              scottalanmillerS 1 Reply Last reply Reply Quote 0
              • scottalanmillerS
                scottalanmiller @DustinB3403
                last edited by

                @DustinB3403 said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                @scottalanmiller Yeah, best buy, they can't even pick the correct RAM for new laptops that they are selling!

                Also it's the business charging it, not the individual. I was referring to me charging that directly. No middle man.

                It's always the middle man, though. No tech charges $150.

                DustinB3403D 1 Reply Last reply Reply Quote 0
                • DustinB3403D
                  DustinB3403 @scottalanmiller
                  last edited by

                  @scottalanmiller said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                  @DustinB3403 said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                  @scottalanmiller Yeah, best buy, they can't even pick the correct RAM for new laptops that they are selling!

                  Also it's the business charging it, not the individual. I was referring to me charging that directly. No middle man.

                  It's always the middle man, though. No tech charges $150.

                  That is why I said "I wish I could charge $150".

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                  • travisdh1T
                    travisdh1 @scottalanmiller
                    last edited by

                    @scottalanmiller said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                    @Dashrender said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                    @scottalanmiller said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                    This is where "under the hood" transparency can be a bad thing.

                    I wasn't in the meeting, nor did I ever see the billing statement, so I'm not sure how much transparency there was in this billing situation.

                    I believe that the client mostly refused to pay for it because it should cost 10x as much to install a printer as it does to buy it.
                    Now of course we all know that installation can sometimes be more expensive than the purchase itself, but I think must of us also agree that's not generally the case for a printer.

                    Lots of things cost 10x to install what they cost to buy. A printer is easily $50 and installation if there is any complexity is easily $500. How did they determine how much installation should cost?

                    I have yet to meet a $50 printer that isn't trash. Love to hear of some!

                    DashrenderD 1 Reply Last reply Reply Quote 0
                    • DashrenderD
                      Dashrender @travisdh1
                      last edited by

                      @travisdh1 said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                      @scottalanmiller said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                      @Dashrender said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                      @scottalanmiller said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                      This is where "under the hood" transparency can be a bad thing.

                      I wasn't in the meeting, nor did I ever see the billing statement, so I'm not sure how much transparency there was in this billing situation.

                      I believe that the client mostly refused to pay for it because it should cost 10x as much to install a printer as it does to buy it.
                      Now of course we all know that installation can sometimes be more expensive than the purchase itself, but I think must of us also agree that's not generally the case for a printer.

                      Lots of things cost 10x to install what they cost to buy. A printer is easily $50 and installation if there is any complexity is easily $500. How did they determine how much installation should cost?

                      I have yet to meet a $50 printer that isn't trash. Love to hear of some!

                      Exactly - Heck, printers much under $300 have been trash in my experience. Though there has been the occasional inkjet that worked for a while.

                      JaredBuschJ 1 Reply Last reply Reply Quote 1
                      • JaredBuschJ
                        JaredBusch @Dashrender
                        last edited by

                        @Dashrender I have been using this lately for small office main copier and / or workgroup copier in larger offices.

                        HP Laserjet Pro M477fdn All-in-One Color Printer, (CF378A)

                        $380 on Amazon.

                        travisdh1T 1 Reply Last reply Reply Quote 0
                        • travisdh1T
                          travisdh1 @JaredBusch
                          last edited by

                          @JaredBusch said in Ripping the bandaid off of the Sunk Cost Fallacy Issue:

                          @Dashrender I have been using this lately for small office main copier and / or workgroup copier in larger offices.

                          HP Laserjet Pro M477fdn All-in-One Color Printer, (CF378A)

                          $380 on Amazon.

                          Those look nice. I've had decent luck with HP OfficeJet Pro 8600 series, and now the Epson EcoTanks. The EcoTank refills are just amazingly inexpensive compared to anything else around except the other printer models you have to mod to add the tanks to.

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