Some people believe that the higher a product is priced, the more likely it is that people will want to buy it. To what extent does price influence potential buyers? What other factors influence people to buy a product?

It is considered by some people that increasing the price of a

product

make it to be purchased more by people. Price of an

item

excessively affects its purchasing rate. There are other factors

such

as its

quality

and its

quality

and advertisement. Price of a

product

greatly influenced the number of its purchasing. If an

item

is being decide

Suggestion

is decided

to be

sell

Suggestion

sold

at a high price, it is more likely that people would opt more to buy it.

This

is because they judge the

quality

and features of an

item

just by its cost, without giving much attention to how good it is in

real

Suggestion

reality

.

In other words

, people think that if a

product

is available at a high rate, it must be of extraordinary

quality

and comprise of

best features

Suggestion

the best features

. A recent report by International Economics Institution,

for instance

, showed that customers tend to buy a

product

up to 50%, just by knowing that it is costly. There are certain other factors which are critical for a

product

to be purchased.

Firstly

, the

quality

of a

product

is one of the main reasons people buy it. They opt for an

item

mostly when it is available in a high

quality

.

That is

to say,

qualities

Suggestion

the qualities

of an

item

such

as, from what kind of material it is made and how much it is comfortable in the case of some products are the driving forces people buy it. Nike Company Sweaters,

for example

, are purchased more by individuals because of its best and comfortable material.

Secondly

, advertising greatly encouraged people to buy a

product

. Highly exaggerated items through advertisement enormously affect people to think about buying an

item

, as it gives them informed choices. A

product

may not be in a very good

quality but

Accept comma addition

quality, but

if it

is showed

Suggestion

is shown

is showing

shows

to the people in social and mass media, it would eventually become a choice of many people. A survey by Dutch International, as an illustration, showed that 45% of

product

’s purchasing directly depend on how it is advertised. In conclusion, few individuals believe that the more a

product

is priced higher, the more it would be purchased.

Cost

Suggestion

The cost

of a

product

profoundly affect

Suggestion

profoundly affects

its buying rate, since people consider it to be better in

quality

. The

quality

and advertising of a

product

also

are the key factors to make an

item

purchased more.