| starbrainz wrote:|
| jerjer29 wrote:|
When the market gets saturated that means that there's a lot of people about to stop making money. I think it's good in a sense because we'll be able to find the cheapest people with good quality, and it'll force people like Sassy Mitchell and Bella Dream Hair which we all know have crazy markups to lower their pricing
I'm gonna try Genesis Hair (i've heard bad things but a friend always ordered and never had a problem), or this new girl who is local. This new local girl tho, her site and media looks like sh*t. One of those geocity pages,, i swear is what it looks like. If i'm paying same or less than Beauty Store hair to try it out then i honestly don't mind
How would an over saturated market cause anyone to lower their prices? Just as the original poster said, the majority of these companies are fly by night. Larger companies aren't intimidated by that. Do you think that clothing retailers lower their prices to compete with cheap no name brands? The market is over saturated but I dislike the idea of telling folks how to run their business. With so many options out there, if one finds that a brand is too expensive or not worth the markup, they can choose another brand and move forward.
I know what my hair budget is. If someone has hair that I want but it's outside of that budget, I simply don't buy it...shop around, move on to the next. But I highly doubt that the cheaper companies (who usually offer substandard products or simply don't know the "worth" of what they have) will force the bigger companies who have been around for a while to chop prices.
It's basic supply and demand. If there are only 3 brands of cokes and you like coke, you pick from those 3 brands. One is the lexus of coke, the other is mercedes, and one is toyota. Some people are loyal to brands but many shop around. Those 3 brands are price setters. Now add 100 more vendors, business is taken away from them and they will have to adjust prices or quality to keep the same business. It's like when a wal mart sets up shop next to local businesses
Supply is up, demand the same, prices go down. Supply low, demand high, higher prices. Just google it.