On Sat, 23 Jan 2016 06:09:11 PM Rohan McLeod via luv-talk wrote:
Well thanks Craig; I hadn't even realised that "price point" meant anything; but https://en.wikipedia.org/wiki/Price_point suggests otherwise, seems like someone trying to make sense of the vagaries, of market surveys, wonder how they cope when demand goes up with increasing price ?:-)
One common price point for consumer electronics is $1000. Due to psychological issues that has held for a number of years without regard to inflation. It's fairly recently that high end phones have started to be introduced at prices slightly above $1000 but the prices you actually pay if you buy the device more than a month after release are lower. For a large portion of the consumer electronics market the design criteria is what can be sold for $990 or less at a profit when returns are taken into account. There are other price points for cheaper segments of the market which have lower quality goods (EG the <$100 Chinese Android devices which can be expected to not have all features work). -- My Main Blog http://etbe.coker.com.au/ My Documents Blog http://doc.coker.com.au/