We’re in a time when pricing strategies are all over the place. People don’t know what to charge, and in many cases, prefer to race to the bottom instead of pricing strategically to a market that can bear the cost.
Once more, Apple ignores the standard by not only pricing their technology more than 2x what their competitors charge, but doing so without blinking. How can they get away with it?
Well, the answer is twofold:
1. They build beautiful products for an audience that loves them passionately.
2. They justify their price with features and benefits that can’t be matched.
Since we’ve already hit point 1, let’s work on #2.
No other computer can match the display of a 27” iMac…it simply can’t be done.
No other software can match what iTunes brings to the table.
No laptop is as thin as the Macbook Air.
No software is more intuitive, no product more valuable than the Apple product. Any other smartphone looks like it was developed by rookies when compared to an iPhone 4. You simply cannot compare the two.
Critics will play on the fact that the core features are the same, and they might be, but that’s not the point. The point is that Apple is the Rolls Royce of the technology and design world, and their customers will gladly pay a premium because of it.