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by prodigal_erik 5603 days ago
Consumer surplus through cost-based pricing is the very goal of having a free market. We route resources to the most efficient producers because they're capable of offering lower prices. If Sennheiser can come out ahead by doing useless things to reduce the value of their products (that don't even reduce costs!) without fear of being undercut, that represents a market failure.

This is really disappointing. My excellent HD-280s are finally cracking after years of heavy use, and now I have to reconsider doing business with them for a replacement.

1 comments

A perfectly efficient market is nice in theory but I don't think it exists outside of commodities like "sorghum and gypsum" (I think those are tptacek's words). Consumers are usually not going to be perfectly informed so there's always room for marketing to increase the perceived value of a product.
And that is why marketeers are the scum of the earth.

And why your company cannot afford to not have them.