09-23-2016, 04:08 AM
This pricing is feeding off people's vanity - the glasses which basically three bits of plastic or metal (which probably cost a few dollars to make), are being used to feed off people's insecurities. It is the name you are paying for, if you are stupid enough to do that.
The glasses have to be "cool", seen as a reflection of the wearer's style, or status and of course they must be better if they are a few hundred dollars. AS the video points out, some frames (let alone lenses) are the same price as an iPhone, which is truly ridiculous for a few bits of plastic and a few screws.
We are screwed by companies on a daily basis, and this is a perfect example - the fact that is is basically a monopoly lets them set the price at any level they want.
The glasses have to be "cool", seen as a reflection of the wearer's style, or status and of course they must be better if they are a few hundred dollars. AS the video points out, some frames (let alone lenses) are the same price as an iPhone, which is truly ridiculous for a few bits of plastic and a few screws.
We are screwed by companies on a daily basis, and this is a perfect example - the fact that is is basically a monopoly lets them set the price at any level they want.