To save money.
Ipods are elastic. When the price drops people buy more, when it rises people buy less.
Change in Consumer Price Expectations: If people expect the price to go up later, they'll buy more now and less later. If they expect the price to go down, they'll buy less now and more later.Change in Consumer Income: If people make more money, they can buy more goods.Change in Consumer Tastes: If people like a good more based on advertising or experience, they'll buy more. If they like it less, they'll buy less.Change in Number of Consumers in the Market: If there are more people buying things, there will be more demand. If there are less people to buy things, there will be less demand.Change in Price of a Substitute Good: If the price of a substitute good, or something you buy instead of something else, goes down, you'll buy less of the original good and more of the substitute.Change in Price of a Complementary Good: If the price of a complementary good, or something you need/use with another, goes up, you'll buy less of the original good. Example: If DVD's rise in price, people will buy less DVD players.
about a million or more or less
inferior
inferior
inferior
inferior
Inferior or substitute products
inferior
They are successful because they have lots of offers and low prices as if prices are lower more people buy stuff if prices are high then less people buy stuff.
Less people are dissatisfied with the products, and more people will buy the product once the item is recalled and fixed.
It can determine what people buy, and give people a sense of superiority over those less "fashionable".