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?

A product in the

market

gets judged by its price tag and

this

phenomenon is nowadays commonly applied in different businesses. People from different economic backgrounds often make a purchase with

this

preoccupied thinking.

However

, many-a-times

such

purchased

products

and services do not even carry a good standard quality.

Hence

, people have started a debate regarding the influence of priced

products

on the behaviour of

buyers

.

This

essay will describe it in detail with supportive points.

Firstly

,note that

market

strategies often include thinking in various directions to attract

buyers

and it is true that one of them includes pricing and branding.

Furthermore

, so these days many business companies and even starters keep very high prices of their

products

to present themselves into certain high classes. They use advertisements and promotional events to raise their sales, but unfortunately, some do not put much effort into their qualities. So, they add extra expenses to sell items and introduce that in high societies. No doubt, these presentations are most of the time successful in grabbing initial attention in the

market

,

however

, do not

last

long if there is any compromise in the quality.

For example

, a report came

last

year which mentioned the withdrawal of Vesta company's overpriced Fridge from the shops after several complaints from

buyers

. Another point to note into consideration is the social economic class.

This

is an important aspect of the company's approach to sales too.

Although

shiny pricy high brands attract humans easily, limitations on their pockets do not allow them to go for

such

products

.  In conclusion, certainly, price does influence the

market

and its

buyers

but there are many additional factors which actually decide the sale of any company.