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
to be
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
.
In other words
, people think that if a
product
is available at a high rate, it must be of extraordinary
quality
and comprise of
. 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,
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
if it
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.
of a
product
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.