3 ms·
Moreover, the price of a things seems less determined by the cost to manufacture + some markup, supply/demand, or even a general sense of value. Store brand vs
by nemacol 7y ago
Moreover, the price of a things seems less determined by the cost to manufacture + some markup, supply/demand, or even a general sense of value.
Store brand vs name brand being a reasonable example. The exact same product with two different names on it - two different prices by pretty wide margins in some cases. Heck even the same can of (product) at two different stores can very by quite a bit.
The cost of a piece of tech a wild from one to another while the guts are basically the same. Then consider that the physical item is being sold at-cost or close to it, but real revenue for the company is based on subscriptions or data + ads.
How could anyone look at a kitchen appliance and guess what the price is today? It seems every toaster is made in the same factory, slap a different brand sticker on it, enable an extra button (or disable it on a generic version), and boom that $20 toaster is $150.
Also, everything is always on sale. MSRP is a seemingly meaningless number in the face of endless rolling sales.
- jes5199 7y agoa brand isn’t meaningless, tho. the brand defines the entity that a relationship is with. for example, a name brand toaster is safer because there’s a company that manages safety recalls.
- Mountain_Skies 7y agoIt's funny how often I see price changes on Amazon go to ending in .88, which is a dead giveaway that they're matching Wal-Mart's current price.