consumer psychology

Understanding mobile in emerging markets

this article is talking about a Swiss watch that seems simple but is actually very expensive. this watch is made of a strong plastic that weighs six times lighter than steel. it also doesn't cause rashes since it is made of plastic. it isn't very advanced technology wise, but it is a well built watch. the price of the watch is $8,390. the reason as to why it is so expensive is because it takes a lot of man hours to make since it is not mass produced. that is also why many other things like sports cars are so expensive, because they aren't mass produced and they are of very high quality. i personally don't like to spend that much money on watches, but there are people who are willing to pay for that since they want to have something that not many people have and that is of high quality as well. i don't think that this article is biased as it mainly just describes the watch and explains why it is so expensive. i also think that this article is reliable, because it has many facts about the watch and doesn't make things up  as they go.