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?

While
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some argue that high prices increase a product’s desirability,
price
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is just one of many factors shaping consumer
behavior
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behaviour
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. In reality,
i
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I
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opine that purchasing decisions depend on a mix of perceived
value
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, social influence and practical needs (brand loyalty, quality and durability and emotional appeal ). The relationship between
price
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and perceived
value
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is particularly evident in luxury markets. Brands like Rolex or Louis Vuitton deliberately maintain high
price
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points to create an aura of exclusivity. Many consumers are willing to pay premium prices for these items because they associate cost with status and superiority.
However
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,
this
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principle doesn't apply universally. For everyday necessities like groceries or household items, most buyers seek the lowest prices, especially during periods of inflation when budgets are tight. Several non-
price
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factors significantly impact purchasing choices. Brand loyalty often
determine
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determines
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price
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considerations,
to make
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for
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example with Apple products where customers pay more for
dedication
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the dedication
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of goods. Product quality and durability
also
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play crucial roles consumers might choose a more expensive budget if it promises
longer
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a longer
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lifespan.
Moreover
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, emotional connections to brands,
nostalgiaor
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nostalgia or
the desire for instant satisfaction often
outweight
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outweigh
outweighs
budget concerns.
For instance
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, despite higher initial costs, the
toyota
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Toyota
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corolla consistently outsells competitors globally
due to
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its
impresive
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impressive
reliability. Data shows Corollas require 40% fewer repairs than
similarly
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priced compact cars.
This
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proven durability explains why corollas retain 60% of their
value
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after 5 years outperforming rivals by
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a dozens
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dozens
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dozen
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% In conclusion,
while
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price
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remains an important consideration, it's just one element in
a
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the
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percievety
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perception
of purchasing products. Smart businesses recognize that today's consumers make decisions based on emotional connections, quality and perceived
value
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..
Replace the punctuation
.
...
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coherence and cohesion
Make sure each paragraph clearly relates to the main idea of the essay. For example, your points about brand loyalty could be expanded to connect better with the topic of price influence.
task achievement
Clarify your introduction to outline your main points better. This helps the reader clearly see your argument from the start.
task achievement
Ensure that you provide clearer examples to support your points. This strengthens your argument and demonstrates relevance.
task achievement
You provided a balanced view on the influence of price and other factors, demonstrating critical thinking.
task achievement
Your use of specific brands like Rolex and Toyota shows you can connect ideas to real-world examples, which is effective.

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