Pilgrim
One Too Many
- Messages
- 1,719
- Location
- Fort Collins, CO
tonyb said:Could it be that they figure there's a fairly low ceiling to what most customers will pay for a "dress" hat? And that if they can sell junk at that price, why would they offer anything better?
In regard to the first question, that may be the case. However, since we sell undergraduate credit courses at $223 per credit, perhaps the ceiling isn't as low as some would think. But whadda I know? I'm an academic who buys on Ebay because of quality and low price.
In regard to the second question, the answer is: sell junk and you make profit but the company will go away. Junk doesn't sell in the long run. Sell quality (in a reasonable balance of quality and price) and your company will be competitive for the long run. So if the people running the company want to be around 10 or 20 years from now, they won't sell junk.