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What justifies the price of... any consumer product - Page 2

post #16 of 21
1/2/10 at 10:02pm
the high-end headphone or audio market is not big so when a company manufactures high-end headphones, they are not making them in large amounts, they are like expensive watches for example and maybe even less in demand, so you're like paying for exclusivity I guess?
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post #17 of 21
1/2/10 at 10:05pm
What justifies the price of a consumer product is the consumer itself. If consumers are not refusing the asking price of the product, that means it's justifiable for the company.
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post #18 of 21
1/2/10 at 10:17pm
Post # 14,15,17 say it all. Watch out for snake oil in anything that you buy, especially audio products. FOTM can also inflate a selling price!
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post #19 of 21
1/2/10 at 11:42pm
Collusion also impacts price.
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post #20 of 21
1/2/10 at 11:46pm
Everything and nothing at all. It will forever remain a mystery, so you either agree to pay the price, or try to haggle it down, or agree not to pay the price.
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post #21 of 21
1/3/10 at 1:18am
Quote:
Originally Posted by markop2003 View Post
Jewelry is a different business though. It exists largely to show off someones wealth so as long as people think it's expensive then it will be.
And what makes this different from any other material thing?

Price just makes it or you feel more important.

Quality is never determined by price, quality is determined by research.
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