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ue2014
ue2014
11/30/2014 10:12:52 AM
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Master
Re: Digital power benefits
@Sunita TO >>>>> Agree with you. When you have created a high brand value for your brand name in the market, such markets are lesser price sensitive.

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ue2014
ue2014
11/30/2014 10:04:28 AM
User Rank
Master
Re: Digital power benefits
@Sunita TO >>>>>> Many people buy low quality products assuming they would do the job for them but later >>>>>> Exactly the same point I tried to make out. You say people assume which in other words I said people believe that low quality products would do the Job for them. I also agree with you for the later point that you make out. It's always better and safety to pay extra money for quality products.

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SunitaT0
SunitaT0
11/30/2014 5:33:38 AM
User Rank
Master
Re: Digital power benefits
It involves a lot entities like marketing, brand name, after sales, etc...

@uchiha, true. It does involve entities like marketing, brand name etc but what if the product lacks quality ? Do you think people will buy low quality products if you market it well ? Its always better to have high quality product irrespective of the amount of effort you are going to put in marketing the product.

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SunitaT0
SunitaT0
11/30/2014 5:29:51 AM
User Rank
Master
Re: Digital power benefits
 I think that the digital power won't replace entirely the analog power

@etnapowers, I totally agree with you. Since the physical world consists of signals in the continuous-time domain, analog circuits will be needed in the foreseeable future.

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SunitaT0
SunitaT0
11/30/2014 4:59:11 AM
User Rank
Master
Re: Digital power benefits
Product, they would not concern about quality very much as they believe even the cheap thing would do the job for them. 

@ue2014, this may not be true always. Many people buy low priced products assuming it would do the job for them but later repent once they realise the shortcomings of such products. Its better to pay extra money for quality products.

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SunitaT0
SunitaT0
11/30/2014 4:55:57 AM
User Rank
Master
Re: Digital power benefits
In our culture there is a maxim that goes something like: "exepensive gets bitten once, cheap many times".

@nasimson, thanks for that maxim. Really meaningful. We should keep this fact in mind when we intend to buy new products. Quality products are expensive but if you buy quality products can last longer and also you can get good service from the company.

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SunitaT0
SunitaT0
11/30/2014 4:53:02 AM
User Rank
Master
Re: Digital power benefits
My concern is that if the price is too high the targeting groups too get differed.

@dassa.an, one of the way of pricing the product high and still targetting a bigger market is by manufacturing high quality products and giving excellent services to the customer. This strategy is successfully applied by Apple.

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SunitaT0
SunitaT0
11/30/2014 4:49:57 AM
User Rank
Master
Re: Digital power benefits
There are so many factors that get involved in deciding the profit but it will make their tasks much easier if the quality is excellent

@chirshadblog, true. Quality is the most imporatnt parameter. If you can manufacture quality products and build market and brand for the product then people dont mind paying extra money for the product. Customer support will also determine how people percieve the brand.

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SunitaT0
SunitaT0
11/30/2014 4:47:58 AM
User Rank
Master
Re: Digital power benefits
I guess cost plays a major role as long as the product is being accepted in the market. So there should be a balance between the price tag and the quality

@chirshadblog, but sometimes cost doesnt play a major role. For example most of the Apple products are priced very high compared to other mobiles but people still buy Apple phones because they pay premium to the brand. So pricing is a tricky issue.

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nasimson
nasimson
11/29/2014 10:35:16 PM
User Rank
Master
Re: Digital power benefits
@ue2014:

> Even when it is cheap, that has to provide a certain value
> for money. People could go for cheap things due to two reasons. 

In our culture there is a maxim that goes something like: "exepensive gets bitten once, cheap many times".

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