club968
100+ Head-Fier
- Joined
- Apr 20, 2016
- Posts
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But just copying the prices of your competitors doesn't make you more money either or we wouldn't have price wars would we? Everyone would just collude and all would have the same prices for a given product. Yes in theory there is one exact price that will sell enough units while still keeping the price as high as possible, but figuring out that price is nontrivial. It's possible that ZTE might actually make more money if they actually try to compete with Meizu and Vivo in terms of price and sell the Axon 7 for something like $299 or whatever. Or maybe they would make more money copying whatever Apple is asking for the latest iPhone. They likely don't know and neither do you or I. And this doesn't even get into the value of your relatively new brand getting into as many hands as possible. The higher your price the fewer people are going to buy your product. Full stop.
There is no way people compete at iPhone price points. There are too many uninformed, nontechies out there. I often get approached by people in wonderment over what my phone is (currently go between HTC 10, LG G5, Nexus 6P)...when I tell them what it is and what I paid for it, the reaction at least 80%, maybe even 90%, of the time is..."you could've bought an 8gig iPhone for that price!" I mean really?! Their stand alone audio solution is so inferior to me. No SD card for expansion, obviously inferior sound (and I'm no supercool audiophile in any sense if the word), and closed down OS....come on. You essentially need an external amp/DAC if you are super serious about your music. But I'm drunk at a wedding reception right now, so I may regret this post later on, lol.