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by nmela
3977 days ago
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Huh, interesting to be in such blunt terms. Any product really is a testament to someone's bank account. That's pretty much the point of ~most~ of branding. The Ralph Lauren jacket is charging you an extra 1k for Absolutely Nothing, as well. |
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Some brands (like Apple) invest considerably more in doing things "properly" as opposed to "just enough", and a fairly large and wealthy market exists that is both less price-sensitive, and more quality-sensitive than those who purchase the "just enough".
Especially with the higher quality from RL (e.g. Purple Label), I would say the buyers are more concerned about being certain that the product will be of a good enough quality, and less concerned about the price tag and RL's profit margin.
RL also sells "taste", that is, it is a "safe" choice if you are trying to dress conservatively. This is also monetized.
(I personally would rather go to a tailor at that price point, and I do. This has a fairly heavy knowledge and time cost though.)