The Luxury Brand Image: Why Apple Makes Unnecessary Expensive Products
Apple is often referred to as the luxury brand in the tech world, and it's this image that drives their product strategy. To maintain this premium status, they must price certain products extremely high, even if they're not necessarily necessary or desirable. Take, for example, the Mac Pro wheels. These wheels are a staggering $700, which is more than some people would pay for an entire computer system. But why does Apple make such a product? The answer lies in the company's desire to keep up their luxury image.
Apple regularly doesn't need to make money back on every single product they produce; instead, they often subsidize less successful products with their more successful ones. This strategy allows them to maintain their premium brand image without sacrificing too much revenue. However, this approach also means that they're willing to sacrifice certain products in order to keep up the luxury status. The Mac Pro wheels are a perfect example of this.
Keeping the Luxury Image: A High-Priced Product Strategy
Keeping a perceived high quality isn't easy; it doesn't come effortlessly. Apple is in a highly competitive tech world where other companies are throwing their absolute best at them, trying to make as much money as possible. To stay ahead, Apple must be strategic with their pricing and product offerings. They're not allergic to pricing things competitively when it benefits their business, but they also need to maintain their luxury image.
This is where the high-priced products come in. By choosing to only produce one version of a product, like the desktop tower computer, Apple can maintain its premium status. The price point is just one factor that contributes to this perceived quality. Studies have shown that people will assume higher priced items are better quality simply because of their price tag. However, competition in the tech world is brutal, and Apple cannot simply raise all prices across the board.
The Role of Media Attention: Creating Buzz Around Expensive Products
Media attention can be a powerful tool for creating buzz around expensive products like the Mac Pro wheels. Virtually every article written about these wheels mentions other apple products, often shedding light on the company's history and highlighting other products that could have been purchased for the same price as the wheels themselves. This creates the illusion of exclusivity and scarcity, which is essential for maintaining a luxury brand image.
In essence, all press is good press when it comes to creating buzz around Apple products like the Mac Pro wheels. By embracing this strategy, Apple can create a perception of high quality and exclusivity that drives sales. The question remains, would you buy the Mac Pro wheels even if they were $200 or $25? The answer is likely no, but that's not the point. The point is that these products exist because Apple wants them to.
The Consequences of Prioritizing Luxury: A Perfect Sacrifice
Ultimately, the sacrifice made by Apple with the Mac Pro wheels is a perfect example of prioritizing their luxury status over practicality and customer needs. By choosing to make such an expensive product, they're creating a perception of high quality that may not be entirely justified. However, it's also clear that this strategy is effective in creating buzz and driving sales.
The 300 coffee table book and the $17,000 gold Apple Watch are other examples of how Apple prioritizes its luxury image over customer needs. While these products may seem extravagant or unnecessary to some, they're a perfect fit for the company's brand strategy. By embracing this approach, Apple is able to create a perception of high quality that drives sales and maintains their luxury status.
The Merch: A Bonus
Finally, it's worth noting that the merch, including the Mac Pro wheels, is also on sale. This may not be as exciting as buying one of these products at full price, but it's still a chance to get your hands on something unique and exclusive. Whether or not you'll actually buy any of these items remains to be seen, but they're certainly an interesting addition to Apple's product lineup.
Conclusion
In conclusion, the Mac Pro wheels are just one example of how Apple prioritizes its luxury status over practicality and customer needs. By making expensive products like these, they're able to maintain their premium brand image and create a perception of high quality that drives sales. While it may seem extravagant or unnecessary to some, this strategy is effective in creating buzz and driving revenue for the company.
Whether you'd buy the Mac Pro wheels at any price is debatable, but one thing's for sure: these products exist because Apple wants them to. And who knows, maybe they'll even inspire someone out there to create something amazing with their purchase. The only way to find out is to check out the merch and see if it sparks some creativity.
Links:
* Linus from Minus Tech Tips made a great video touching on this topic.
* A study shows that people will assume higher-priced items are better quality simply because of their price tag.
References:
* Study link (insert link here)
* Linus from Minus Tech Tips video (insert link here)