Buyers are less sensitive to a product’s price to the extent a higher price signals better quality. These products can include image products, exclusive products, and products without any other cues as to their relative quality. It is said that only 15% of Rolls Royce customers ask about price before purchasing (Docters et al., 2004: 220). A Rolex watch is another example. Certainly one does not buy it for accurate time keeping. These types of prestige products are an important form of marketing. Witness designer clothing and accessories, along with American Express’ Gold, Platinum, and Black credit cards, which command enormous premiums over alternative cards. Some products might even be judged solely on price. Asynthetic wax, targeted to luxury car owners, failed in the market at a relatively cheap price; it was not until the price was raised that it began to sell, since customers did not want to apply a wax they perceived as being of inferior quality to their luxury car. Many customers still have a common visceral reaction that high price equates to high value (and quality). Marketers have discovered that utilizing a high price for new products is quite effective for signaling quality to the marketplace. Other marketing research has shown that while discounting familiar brands can increase sales, the same strategy for unknown brands can actually reduce sales.