On Tue, Nov 29, 2016 at 9:13 AM, Deepa Mohan <[email protected]> wrote:
> Of the three above...fragrance seems, to me, the most unquantifiable. > Can someone tell me how fragrances are priced, and often priced so > very high? I could understand when the components, like frankincense > or vettiver, are difficult to procure. But in general, the pricing of > fragrances remains an opaque area. A fragrance, especially a high end one, is a composition, and is hence *art*. Trying to justify pricing by looking at the prices of the component materials leads you down the path of the price of canvas and paint in Ravi Varma work. I realise that this interpretation may have its skeptics. Shrug. > Another item where pricing seems to be very opaque: spectacle frames. > Any idea why this is so? This is a different case. 80% of all eyeglasses in the word are made by one company - Luxottica. So basically, monopoly pricing. Udhay
