Airplane tickets used to cost a lot more for economy class, even adjusted for inflation and fees. To get the equivalent service and quality today you simply have to pay more, you just have the choice of paying very little for very low quality because there’s more flights and more planes. https://www.aei.org/carpe-diem/even-with-fees-the-miracle-of... Same can be said for most electronics and even clothes. I’m not say…
> I'm not saying that a high price label guarantees high quality, just that the spectrum of cost vs quality has broadened, even within big name brands. I think this needs to be repeated. People tend to think more expensive equals higher quality (I want this to be true!), and I think brands frequently take advantage of that to increase margins without significantly increasing quality. For example: I've been through th…
Obviously there are many companies that do rely on branding to jack up prices like Beats or Marshal. But there are also companies that do no to little marketing and instead focus on craftsmanship where the majority of the cost is going into higher quality experience. And in those segments there isn't really some magical way to reduce costs. Akko is getting pretty popular, but their high-end IEMs like the Obsidian are still going to be in the same price-range as Sennheisers or AKG.