Why Do Some Brands Hide or Don’t Show The Price Tag of Their Products or Services?

790 views

Companies such as Richard Mille, Rolex, Rolls Royce and many more don’t show the price of their products on their websites. I understand that luxury is something that most people can’t afford, and for those who can afford it, usually the price tag does not matter. I just find it interesting that some brands like Louis Vuitton, Gucci, and Polo Ralph Lauren show their prices on their websites, while other luxury brands don’t. Is there a psychology behind this or are there brands just trying to lure in customers who are actually capable purchasing their products?

In: Other

5 Answers

Anonymous 0 Comments

I know there is a brand of guitars (Paul Reed Smith) who do or did this. They wouldn’t advertise their prices as they wanted anyone who was interested to go to a guitar shop and try it out in person before being turned off by their high prices.

You are viewing 1 out of 5 answers, click here to view all answers.