Indispensable products: Gadgets and electronics
We all know the drill! These products get released every year like clockwork, which in turn makes a lot of us hopeful that the older models will be sold off at a discounted price. Yet, for all the popular brands, this thing barely happens, or the sales are not really significant. Despite this, if you look at all the oldest models, you will see that those benefit from bigger discounts.
This is because, in addition to tech products being the biggest and most profitable businesses out there in today’s society, a big part of what we are paying for is branding. Where you’re getting these products is important, as you can sometimes find them cheaper somewhere else or online, but if you’re looking for the best phones or laptops from the big brands like Apple, Samsung, Dell, or others you will have to pay a premium price for the name.
And since everyone recognizes these are the best products on the market, then they will never end up with significant discounts unless they’re from four years ago!