Quote:
Originally Posted by ausastronomer
When you get to the top end of any product range in terms of quality, all small incremental gains in performance cost a disproportianate amount of extra money. This doesn't just apply to eyepieces or astronomical equipment. It applies to just about everything that's bought and sold. It depends on your performance expectations
Cheers,
John B
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This applies to a much lesser extent for luxury goods where the 'prestige value' plays a more important role, not gains in performance (ep's aside since they're not luxury goods). One common example is sports cars, my late-model Porsche gave me less performance and way more problems than the Nissan that cost me significantly less. Even the build quality was questionable. That's one of the reasons why Porsche Group's net profit for 2007 was 57% of the total revenue (= overpriced products that were made at relatively low costs), some people are prepared to pay the premium for the prestige, not necessarily the performance or even quality.