Comment by mtalantikite
3 days ago
She has, these prices are actually lower than they were before, as most customers don't seem to care about things like concentration. Likely it's just that most aren't that informed about the differences. They'll pay more because it's Chanel or because a European perfumer made it, not because the quality is higher.
The market can’t tell high quality vs not it’s all signaling. Wine has the same problem
Funny, I was about to say the same about wine.
I’m a big coffee fan and the market has no ability toto price that either. Bad coffee can be expensive and good coffee cheap.