It is a common belief that many consumers are attracted to producst such as items or services at a high cost. Cost of the producst impacts a lot of condiseration when people buying things. However, many of factors also influences of how consumers spending their cashs
To begin with, the fact that we cannot escape from increasing of prices in this modern days. A higher prices can be a signal higher quality. Take for example prices on the mobile phone. With the highest prices of phones are now be able to perform gaming or multi-tasking in a very optimal way. Although we expect that lower prices in numerous situations, it now seems that there are very few peoples actually avoid them
A futher factors that many people would consider is by the way that people buy things to presents their personal identity. Purchasing luxury items can be a way of expressing or aligning with a desired personal identity. Consumers may feel that a brand’s values or image reflect their own.
In addition, the higher pricer of made in china products has long been a controversial issue, but made in china products have only recently banned in many countries. It is quite possible that the safety risk encourage excessive lead levels in children’s products or choking hazards.
It is certainly true that high cost of products involves in a high sales.