What is an example of a product tie-in?
Common tie-in products include literary works, which may be novelizations of a media property, original novels or story collections inspired by the property, or republished previously existing books, such as the novels on which a media property was based, with artwork or photographs from the property.
Is tying a form of price discrimination?
Tying (informally, product tying) is the practice of selling one product or service as a mandatory addition to the purchase of a different product or service. Tying may also be a form of price discrimination: people who use more razor blades, for example, pay more than those who just need a one-time shave.
What is meant by tie-in sales?
A tie-in sale or lease is ordinarily defined as one in which the seller of the ‘tying’ good requires that one or more other goods used with the tying good also be purchased from him.
What is a tie-in in business?
a connection between two things, businesses, etc., often a connection between two products that are related or are sold together: The rules bar advertisements for products that have tie-ins to children’s shows.
What means tie-in?
: to bring into connection with something relevant: such as. a : to make the final connection of tied in the new branch pipeline. b : to coordinate in such a manner as to produce balance and unity the illustrations were tied in with the text. c : to use as a tie-in especially in advertising.
What is a tie-in game?
If the score of a game is equal, then the game is a tie. Some games, like chess, can actually end in a tie, but other games, like basketball, continue until there’s a winner. finish a game with an equal number of points, goals, etc.
What is a tied product?
One variant is full-line forcing in which a seller presses (or forces) a complete line of products on a buyer who is predominantly interested in only a specific product. Tied selling is sometimes a means of price discrimination.
What is tied demand?
In these instances, the demand for raw material is directly tied to the demand for products that require the raw material for their production. If the demand for a product decreases, then the demand for the goods required to produce that product will also decrease.
Why would a firm sell two goods in a tie in sale?
In the standard analysis, this pricing activity purportedly allows the producer to charge more intensive consumers of the tying good a higher price than is charged to less intensive consumers. Since intensive customers are presumably the less elastic demanders, such a result would raise the producer’s profits.
Why is it called a tie?
By the Oxford English Dictionary’s (OED) reckoning, the earliest record of draw, as in a contest that ends with no winner, comes in reference to an 1856 US chess match. This draw is short for draw-game, which the OED finds for a “tie” by 1825. A draw-game, in turn, is a variation on a drawn battle or drawn match.
What are some examples of tie in products?
Tie-in products may also have a documentary or supplemental character, such or “making-of” books documenting the creation of a media property. Tie-in products also include other types of works based on the media property, such as soundtrack recordings, video games or merchandise including toys and clothing.
Which is the best definition of a tie in work?
A tie-in work is a work of fiction or other product based on a media property such as a film, video game, television series, board game, web site, role-playing game or literary property.
What’s the difference between tie in and cross promotion?
Tie-in. Tie-ins are authorized by the owners of the original property, and are a form of cross-promotion used primarily to generate additional income from that property and to promote its visibility.
Why are tie in movies important to fans?
Tie-ins provide both an important way of generating additional income from a property, and a way of satisfying the desires of fans who enthusiastically support a popular media property. The lineage of tie-in works can be quite convoluted.
