EngineerDave
join:2001-08-27
Hattiesburg, MS
| Re: Unveiled this week??? You, Sir, are ignorant about product development. New products have higher prices because the producer of the product has to recoup their R&D costs.
For example, when the Motorola Razr was first released it was priced at $200 ($300 maybe?). Now you can get one for less than $100. Also, as the product life cycle continues, we see different variations of that product. In this example it is different colors.
So, my point is that you are incorrect to assume that a company arbitrarily sets a high price because they just feel like it. The price is higher initially because of the costs involved with developing that product. |
