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Maybe there were masses of unknowledgeable customers and too few knowledgeable and wealthy customers for a higher end market to be sustainable. High end bikes
by tmuir 10y ago
Maybe there were masses of unknowledgeable customers and too few knowledgeable and wealthy customers for a higher end market to be sustainable.
High end bikes are a huge leap in price from casual bikes, at least today. A $300 bike is perfectly adequate for normal transportation. An entry level mountain bike actually suited for trails is about $800. If you want full suspension, that's $2,000 at a minimum.
It's hard to think of other markets where the premium is as large as it is in the high end bike industry.
- Decade 10y agoThere’s computers, I guess. A $300 laptop is perfectly fine for normal computing. An entry-level MacBook Air actually not irritating to use is about $900. If you want a full-sized 15″ MacBook Pro, that’s $2,000 at a minimum. The range is higher if you consider desktops. But there are plenty of products where the top-end is a couple orders of magnitude more expensive than the entry-level. For example, the car market, from used junkers to brand-new custom luxury vehicles. Or the meal market, from McDonald’s to Michelin restaurants.