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"New competitive pressure force established brands to come up with new ways to trick people into paying 200 dollars for things that cost 10 dollars to make."
by nimos 9y ago
"New competitive pressure force established brands to come up with new ways to trick people into paying 200 dollars for things that cost 10 dollars to make."
- soared 9y agoBecause the material cost to produce 1 shirt is the only variable to determine its price. Nike doesn't need to pay for anything else.
- lucio 9y agoHN readers are not the typical consumer. I guess the majority here will buy after making a comparative table and a Phyton/Go/node script to scrap prices from the web. :) OTOH the typical consumer wants to "feel good" and part of a "special club" when buying, they want "an experience". That's what Nike sells along with the shoe, and that amounts to 80% of the price. /half-joking
- Noos 9y agoHN users are just as vulnerable to branding as anything else; it's just different values. Linux in particular is a massive triumph of branding; it's success is based much more on the intangible benefits of open source and that particular "lifestyle" than utility compared to its competitors. Not a few products position to this crowd, namely the various phones for privacy geeks as one example.
- NicoJuicy 9y agoWell, I bought a crazyflie 2.0 drone on Black Friday on hackaday 40% off I doubt if I'll ever buy expensive sneakers, if they don't have any additional value ( eg. Supportive for running)
- parametrek 9y ago> HN readers are not the typical consumer. I guess the majority here will buy after making a comparative table You are not kidding. That's how this was born: http://flashlights.parametrek.com http://flashlights.parametrek.com