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Monday, December 23

Product Hysteria

I like fresh J's like the next sane individual.

  • Cost: $170

  • Cost to make: $16.25 (unverifiable); rough estimate: $50

  • Stampeding through a door for a pair: Priceless

I like the iPhone like the next sane individual.

  • Cost: (5S) $649 to $849 without contract

  • Cost to make: $199 to $218 (verified) 

  • Waiting in line for days, literally sleeping on the street, to be the first to buy one: Priceless






Kudos to Nike/Jordan and Apple. The ability to arouse consumer interest to this level is no easy feat. 

Lesson: branding and marketing cannot be ignored if you look to achieve success. Protect and nourish your brand, personal and business. 

In spite of that, consumer complicity in the hoopla: Stupid.





  
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Source for Apple iPhone 5S costs: http://www.cnbc.com/id/101058725

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