Friday, October 23, 2009

Over Priced

Okay. This topic has been stuck in my head since the last post I did and I was wondering why things these days are so over priced. To start off first, why does iPhones and iTouches cost so much? I mean it should cost a bit more because its a branded name and it is the newest things out in the market but why does the producers have to be so greedy? I think ( not positive ) it should only take about 100 dollars to make a iTouch or so. But Apple makes the product sell for up to 300 or 400 depending what model you get and how much memory it has in there. I also think that it is a waste to put so much memory to a MP3 player such as the iTouch because very few people actually use up all the space.

Other things that are over priced like crazy are foods and drinks. For an example, something like a bottle of soda cost around $1.30 or so. But the materials to make the thing is about only 60 cents. Isn't that absurd? Even the produce you buy at markets are expensive. I know that the foods we eat has to be shipped and stuff but the increase of it is a lot. Another example is something at Safeway can be also bought and some place like Chinatown for a LOT cheaper.

Another major increase of a product is clothing. I mean there are different types of materials and that makes the clothing look or feel better when wearing it but when clothing that cost 100 dollars per jeans or jackets or something like that is kinda weird. The only difference is brand and fashion. You can probably get something close to that certain type of shirt or sweater for a lesser value but a different brand. So this means you are actually paying more because the brand says some weird company's name/logo on it.

1 comment:

  1. It has to do with supply and demand, for raising prices such as foods and gas. Also, for the other things, you are buying it for the quality, not just the product itself. Also, if companies sell their profits at such a high price they make a bigger profit. If they set something just a little but above what it costs to make, then they would have to sell more of those things to get more money. Selling less and receiving more money is just better. I mean, people are complaining, but they are still buying it right? Also 8GB of ram costs like $200-$400. Easily overpricing a 8GB ipod.
    Think of it from the manufacturer's perspective and you'll understand more.

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