Can you think of an example of where a product where the company COULD manufacture more,...
Can you think of an example of where a product where the company COULD manufacture more, but choose to keep the product exclusive?
Homework Answers
answer-
Yes, there are some companies like Rolex, Apple, Gucci, Lamborghini, Mercedes, BMW etc which can manufacture more products but choose to keep product exclusive.
for example- Rolex watches are example of exclusive products but company can manufacture them more but they keep them exclusive so that watch can be percieved as royal and premium products and there can be high demand of such product.many collectors can pay in millions of dollars for such exclusive watches.
Audi A8. BMW 7 Series. Jaguar XJ. BMW X7 are also some exclusive car models which are in high demand because they are in limited quantity so company make them exclusive to create more demand and get high prices to make profit on them.
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Can you think of an example of where a product where
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