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by initplus
1404 days ago
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This is the core issue that prevents reliable consumer products from becoming more widespread. Even if demand exists for more reliable consumer goods, consumers don't have the ability to actually evaluate reliability at the time of purchase. Manufacturers can't justify producing a more reliable product at a higher price point, because there isn't really a way to get consumers to trust that it really is a more reliable product worthy of the price. |
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Of course, many execs look at brand value as something to be harvested for short term gains to the value of their options, but that’s a different problem.