Why fashion industry are more expensive than some industries.?
You see, sometimes i saw here in malaysia, with rm300 u can buy a multifuctional good camera/mp3 phone.
with rm300 only u can buy a simple branded dress/jeans. why is that happening? i mean, why fashion industry is more expensive and extremely
debloke
ding?
Answer
I think the philosophy is that sky high prices make the product available only to wealthy people which in turn creates an association between the lable and wealth or perceived success. it is
an attempt (successful unfortunately) to make these labels more exclusive and therefore more desirable. basically, it relies on stupidity.
