Comment on Now we know how much it costs to make a $2,800 Dior bag
Stovetop@lemmy.world 2 months agoMakes me wonder if those $80 Monster HDMI cables was lucrative. Might be that the rule applies not just to luxury goods, but for any good where the consumer is too ignorant of the market to have any frame of reference to compare to (e.g. the technologically illiterate).
ALoafOfBread@lemmy.ml 2 months ago
Imo those worked because they lied about picture quality being better, etc. So the price was just justified by fraud - I also don’t know that demand for those was all that high and am even more skeptical that it’d be driven by price.
ours@lemmy.world 2 months ago
Insane claims and matching prices is par per course in the world of “high end hi fi”. It gets much, much worst than Monster overpriced digital cables.