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>anyone willing to pay $1200 for a god damn floor lamp would surely pay $1500 Not 100% true. With $1200 it has wider market reach than $1500. There are still p
by mrheosuper 9mo ago
>anyone willing to pay $1200 for a god damn floor lamp would surely pay $1500
Not 100% true. With $1200 it has wider market reach than $1500. There are still people spend $1500 for a floor lamp, but 100% it will be fewer if it was priced at $1200.
Also pricing it too high means higher chance a clone will exist, because they can copy literally 1:1 and price it a little lower.
Another thing in China is they move fast. As long as you have enough money, the time to market is insanely short.
- tokyobreakfast 9mo agoMaybe the sarcasm was lost in translation but a $1200 lamp is out of reach (or out of the question) for most people. A Juicero of lamps. I feel sorry for the guy because in a way you're right, clones of this will be going for $60 on AliExpress, probably built in the same factory with the same tooling.