Why branded products are more expensive than non branded goods
Answers
Answered by
52
The reason why they do not prefer a cheaper non-branded product is because they believe they are of poor quality and affect his status in the society. On the other hand, branded products are presumed to be reliable and high in value.
harshitsinghunnnao:
mark brainlist
Answered by
50
Explanation:
Branded products are more expensive than non-branded ones because higher quality materials are used in them. The manufacturing cost of branded products are higher too. The companies aim to collect the marketing and advertising expenses that involve in selling the branded products. Likewise, once you have invested in a branded product, it is going to last you longer than a non-branded counterpart.
Similar questions