User:ThehOEPproject (hOurs Equals price): Difference between revisions
(Creating user page for new user.) |
No edit summary |
||
| Line 4: | Line 4: | ||
Founder of | Founder of | ||
The hOEP Project (hOurs Equals Price) | The hOEP Project (hOurs Equals Price) | ||
https://sites.google.com/view/the-hoep-project/home | |||
The project describes an alternative pro-social pricing model for use in retail sales that uses a financial technology innovation in price tag technology that allows a seller to offer prices in any real or abstract or personalized or subjective unit of measure. Most commonly, the primary use case for the price tag is to use units of "hours of your personalized time" as a mixed price such as "$2.00 + 1.00hr" for the sale of the product. The hourly portion of the price tag is converted by a personalized $/hr rate into dollars such that a person who makes $10/hr would pay a price of "$2.00 + 1.00hrX$10/hr" = "$12" at the register. A person who's time was worth $50/hr would pay a price of "$2.00 + 1.00hrX$50/hr" = "$52" at the register. A person who's time was worth $250/hr would pay "$2.00 + 1.00hrX$250/hr" = "$252". This pricing solution makes a seller profit while reducing financial inequality at the same time in some markets if used by the seller for the purpose of making a profit. The Technology can be extended to show how a seller can make a profit by pricing in other abstract units of measure such as externalized environmental cost converted into hours of personalized time value. | |||
Consider, if you want to relax and enjoy your time while eating or passively paying attention, then you could sit back, relax and watch | Consider, if you want to relax and enjoy your time while eating or passively paying attention, then you could sit back, relax and watch our youtube introduction videos @ https://goo.gl/c6DC8i | ||
Or, if you are short on time and want to get the information fastest then skim through our 21 page intro slide show @ https://goo.gl/aGSTGw | Or, if you are short on time and want to get the information fastest then skim through our 21 page intro slide show @ https://goo.gl/aGSTGw | ||
| Line 14: | Line 16: | ||
Or, visit our google community @ https://plus.google.com/u/1/communities/111124503833263784030 | Or, visit our google community @ https://plus.google.com/u/1/communities/111124503833263784030 | ||
Or, get involved and join us @ ∴% hOEP + (hOurs Equals Price) + on-boarding (start here) @ https://goo.gl/mg4WLK | Or, get involved and join us in a collaboratively edited google doc @ ∴% hOEP + (hOurs Equals Price) + on-boarding (start here) @ https://goo.gl/mg4WLK | ||
The hOEP project is a non-commercial free association of individuals that write and advise on topics of economics, price, profits, and other. Any contribution of time to the hOEP project counts as investment and voting shares in the project. Their is nothing for sale or purchase in dollars associated with the hOEP project and only personalized time is used for accounting of value. | |||
Revision as of 00:28, 12 August 2018
Steve Whetstone https://www.linkedin.com/in/stevewhetstone/
Founder of The hOEP Project (hOurs Equals Price) https://sites.google.com/view/the-hoep-project/home
The project describes an alternative pro-social pricing model for use in retail sales that uses a financial technology innovation in price tag technology that allows a seller to offer prices in any real or abstract or personalized or subjective unit of measure. Most commonly, the primary use case for the price tag is to use units of "hours of your personalized time" as a mixed price such as "$2.00 + 1.00hr" for the sale of the product. The hourly portion of the price tag is converted by a personalized $/hr rate into dollars such that a person who makes $10/hr would pay a price of "$2.00 + 1.00hrX$10/hr" = "$12" at the register. A person who's time was worth $50/hr would pay a price of "$2.00 + 1.00hrX$50/hr" = "$52" at the register. A person who's time was worth $250/hr would pay "$2.00 + 1.00hrX$250/hr" = "$252". This pricing solution makes a seller profit while reducing financial inequality at the same time in some markets if used by the seller for the purpose of making a profit. The Technology can be extended to show how a seller can make a profit by pricing in other abstract units of measure such as externalized environmental cost converted into hours of personalized time value.
Consider, if you want to relax and enjoy your time while eating or passively paying attention, then you could sit back, relax and watch our youtube introduction videos @ https://goo.gl/c6DC8i
Or, if you are short on time and want to get the information fastest then skim through our 21 page intro slide show @ https://goo.gl/aGSTGw
Or, connect with us on facebook @ https://www.facebook.com/hOursEqualsPrice
Or, visit our google community @ https://plus.google.com/u/1/communities/111124503833263784030
Or, get involved and join us in a collaboratively edited google doc @ ∴% hOEP + (hOurs Equals Price) + on-boarding (start here) @ https://goo.gl/mg4WLK
The hOEP project is a non-commercial free association of individuals that write and advise on topics of economics, price, profits, and other. Any contribution of time to the hOEP project counts as investment and voting shares in the project. Their is nothing for sale or purchase in dollars associated with the hOEP project and only personalized time is used for accounting of value.