What does “You get what you pay for” mean?
I ask because a post earlier this week ended with airline pilot/analyst Bob Herbst concluding, “Sometimes the old cliché: ‘You get what you pay for’ has true meaning.”
To which I said, “Truer words were never spoken.”
It turns out we probably meant different things. Let me explain.
You get what you pay for, in the airline industry, is often used as a licence to treat price-conscious passengers who demand dirt-cheap fares like, well … dirt.
You want a $99 transcontinental fare? Well, hope you’re ready to pay extra for everything. What’s that, you expect service in the back of the plane? Forget it. One of our surly flight attendants will be happy to give you nothing. (They’re here to save your butt, not kiss it.)
When customers say, “You get what you pay for,” it often means you weren’t a savvy buyer. You purchased a product using price as the sole criteria, when you should have considered quality as well. It means you received a shoddy product to which you weren’t entitled.
So what’s the difference?
To airline apologists, “You get what you pay for” means you deserved the crappy flight you had.
To consumers, it means you flew on the wrong airline.
Some readers of this site thought I was endorsing the airline view of “You get what you pay for” and lauded me for being “objective.” Sorry to disappoint.
I think the airline view — that passengers deserve to suffer through their flight because they wanted to save money — is short-sighted and incorrect. There are plenty of other businesses that provide an affordable product that their customers like.
I was thinking about that today, just as the government released its baggage fee reports for the second quarter.
You get what you pay for, illustrated. I’ve posted a chart above. The industry, meanwhile, is flush with profits.
The airline industry is living the “You get what you pay for” dream. It’s our nightmare.