4 ms·
Driving prices down expands the market, further empowering the seller, further driving process down,.... Apple can win at this game, all they need to do is pri
by throwGuardian 7y ago
Driving prices down expands the market, further empowering the seller, further driving process down,....
Apple can win at this game, all they need to do is price it 25% over the best-quality competitor, as the market is willing to pay a premium for Apple's brand and perceived quality. Apple's distinct advantage is not in engaging in self cannibalizing price wars with the cheapest competitor, but being at the intersection of "High Quality " and "Affordability"
But whoever's advising this pricing needs to be held accountable for their input. Unless they really intend for this to be a vanity purchase, like a Hermes bag. Just remember, none of the designer brands have market caps comparable to mass market brands, so what is sold Apple upto?
- ksec 7y ago>Apple can win at this game, all they need to do is price it 25% over the best-quality competitor, as the market is willing to pay a premium for Apple's brand and perceived quality. I am willing to pay even 30%. The problem is Apple has already pass this range and edging closer to 50%. One reason being competitors are increasing racing to laser thin margin.