Do you all know that Nike don’t own any of the manufacturing
plants themselves, they outsourced everything and then just market
and sell those low costs shoes at such overpriced rates? And they
made lots of money and people still buy them because Nike has built
a brand to influence the consumers perception about their products?
I mean, say, if I ask you whether you want to buy ABC shoes or Nike shoes, most would say Nike coz better
quality, but their shoes are made in 3rd world countries
manufacturing plants similar to those of how some ABC shoes are made, and the way you thought like that is
because of how Nike has developed their branding and influence your
perception and your thoughts about these products. The same for LV
and some other pricy things, they prey upon the consumers mind
because that’s the only way they can ask you to pay multiple times
for items that you usually won’t pay. Interesting eh?
