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by bigiain
344 days ago
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Had you ever heard of IKKO before this? I hadn't, and I'm at least adjacent to the hifi and audio nerd crowd. Apple have a reputation and brand that allows them to charge premium prices. IKKO seems, at least to me, to be effectively a disposable brand. If their reputation goes bad, their only reals costs are setting up a new website/AliExpress Store/Amazon seller account. |
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Yes, you can run with disposable brands. It's a perfectly viable business strategy in many cases.
However: if you do that you are missing out on the benefits of building a good reputation. Even in the cases, where your product _is_ actually good.
So another perfectly valid business strategy is to build a longer lasting brand. Like Apple has done. (Or countless other companies.)
In most markets we see both kinds of strategies at play. As a customer, you can usually decide which kind of strategy you give your money to.