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fatslob-:O said:
A_C_E said:

Yeah, and those products are obviously going to be taken off the receivers list and no longer sold. As for, "how so?", simple...have you ever not been able to afford something but still valued it? Still put forth the effort of thinking about that item that you've always wanted but could never have? 99% of the worlds population falls under that category, and thats giving more credit than is due.

Feelings make no difference to what's actually happening ... There are many things the world isn't able to afford but what's being purchased makes an actual difference than what's not. 

How do you know that these consumers value the high end more than the low end ? Do you have any sort of statistics to back up your claims ? I'm using sales so what are you using ? 

What does making a difference have to do with value? What?

@ Bold - I don't know, that's exactly the point. I'm talking about what I know (myself) and your assuming what consumers value based on what they buy, not what they prefer. I used an analogy to put forth a likely scenario, do you disagree that most people would choose a Lambo over a Honda Civic?

As I have said two times before, you can generalize all you want, but you are going to get very mixed results. Value is inconclusive without said opinion of consumer (which we don't have). You're using sales as a way to measure value but you don't know why each person bought what they did. It could be preference it could be loyalty, it could be many things, and we both know it is many things.