Electronic goods costs 'may rise

[Avinash_Tyagi]

HappySqurriel said:

Avinash_Tyagi said:
Prices won't rise, because no one will buy them in this economy, in fact prices will drop and people still won't buy forcing the companies to downsize or shut down

I'm not so sure ...

I have a feeling that most of the people who are the most likely to be very price sensitive are the ones who have already stopped purchasing these electronics; and a large portion of the people who are buying similar products would continue to buy these products even if they have a higher price.

 

 

 Problem is that number of price sensitive people is only going to grow as this recession drags on and even deepens, the inherent problems in the economy have only started to rear their ugly heads, more people lose their jobs or see their wages decline the fewer people will be able to buy luxury goods like flatscreens and blu-ray players, etc.