Luxury items often have a waitlist to buy. Why don't companies simply price the luxuries higher until they don't need a waitlist?
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Because the waitlist is probably needless anyway. It just makes people want whatever it is more since its exclusive.
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Yes, but do luxury companies ever give an explanation? Like "We want to keep prices low for you as customers so we're going to just release slowly" or something?
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“Made by hand with the most time intensives processes, obscure resources, and the five top Expert Makers of The Thing for your luxury and enjoyment”
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