NetJedi
Platinum Member
- Nov 16, 2024
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You just charge as much as you believe the market will bear at your volume target, which of course you derive to maximize your profit within the constraints of your production capacity.Trump knows everything he touches is worth more. So that's why it's $199.
If you charge more than most are willing to pay then the value goes way up.
Perfect marketing tactics.
Trump of course can get more per unit (on pretty much anything he puts his name on) at a given volume because of the brand he's built. Personally, I don't really care for the brand, doesn't fit my tastes but I can understand why a lot of consumers associate it with luxury, he's done a good job of creating that brand.