Is the pricing by Branded companies justified?
Now even reputed universities get Branded status and they absorb more money from students.
Can this act be justified.Throw me the reasons to support this concept.
Member • Aug 21, 2013
Member • Aug 21, 2013
Member • Aug 22, 2013
Member • Aug 22, 2013
So should the rich peoples status symbol makes all the other companies to rise its products price.Nayan GoenkaTake it in a simpler way. If these cars would not have been costly, they would not have been status symbols. The quality of the products and services cannot be questioned since you pay millions for them. And the look and cost define its status and ultimately forge a brand.
Member • Aug 22, 2013
Member • Aug 22, 2013
It is the way market works. You cannot question it. If RR wants to sell a car for a million $, then it does. And it has potential buyers for it. So they will not bring down the price. Eventually other giants have to increase their price. Aston Martin is better looks than RR, if they sell the car for 100k ₹ like other cars in the segment, the idea of making it status symbol would be crapped out. Since status symbol is defined at million ₹CSK AUTOSo should the rich peoples status symbol makes all the other companies to rise its products price.