Dyson has a range of vacuum cleaners made with advanced technology and a creative approach. But Why are Dyson Vacuums so Expensive?
Dyson is a leading and growing brand, and it aims to target customer reach who value and appreciate its products. Thus, this chunk of customers is always willing to pay for the product. It’s because they are more concerned about these 3 aspects.
- Quality
- Performance
- Convenience rather than investing in a product
Factors that raise the price of Dyson Vacuum Cleaners
It has always been an issue at the end with the customers why Dyson Vacuum Cleaners are so expensive. What are the factors that raise the prices of these appliances? Here is the answer-
- Dyson aims at creating a blend of technology and microbiology, and dynamics to create the best product for its customers.
- It has a team of scientists from all over the world.
- The company does a lot of research and puts enormous efforts into each product’s design, build, functioning, and sales.
- It is the only company that uses cyclone technology in its vacuum cleaner for the purpose of cleaning. This keeps the suction power at full all the while. It uses an extremely flexible hose for cleaning tight corners and nooks. Also, it uses ball features on upright vacuum cleaners to increase its potential cleaning capacity.
- It also has a range of hand vacuum cleaners that are extremely easy to use and lightweight. The Dyson Vacuum Cleaners use transparent bags that indicate the amount of dirt collected easily.
- Dyson is not just concerned about its market and business. It is a charitable organization that supports study and research for students and teachers all over the world. It inspires young people in the field of engineering.
These factors make the product expensive, but they are indeed worth the price paid.
How much does it cost to make a Dyson Vacuum?
Dyson Vacuum Cleaners use high-quality material for internal machinery and external coverings. They have advanced technology and a trained workforce for every step that is followed in the entire procedure of making the equipment.
There is a huge list of expenses made on the making of Dyson Vacuum Cleaners.
Let’s try breaking it down to understand it better. If a batch of 20,000 vacuum cleaners is to be made, the variable production cost should be around 350 dollars per unit.
With a sale price of 600 dollars, a contribution margin of 250 dollars is achieved.
Strategy of Dyson Product Pricing
Dyson brings to its customers a range of vacuum cleaners that are multifunctional, long-lasting, and reliable. As a buyer, isn’t pricing one of the most important aspects of any marketing strategy?
An effective pricing strategy always gives importance to both internal and external factors that affect the sales and popularity of any product.
Dyson’s pricing strategy is an amazing blend of the firm’s mission and targets consumers’ expectations. The retail price of the Dyson Vacuum cleaner is comparatively lesser than other brands in the market or at least affordable to a valid extent.
This price helps the firm to regain its investment in the field of research work that they have made in a year.
With this, Dyson aims at direct-to-consumer (D2C) sales and also a varied and widespread distribution chain. Its site gives its products a better alternative marketplace.
Though Dyson does not have many offline stores worldwide, it has a good target customer reaching plan.
Are Dyson Vacuums Worth It?
The fact that Dyson Vacuum Cleaners are a bit more expensive than other premium products in the market cannot be denied. But you cannot also look over the amazing cleaning and safe service that it provides to you.
There are many factors that make Dyson Vacuums worth the price paid. Though some may find it difficult to use the product at first, it eventually becomes easier and more effective. It is very easy to use and charge.
Due to its advanced technology, it picks up lots of debris, dirt, dust, etc. There are different cleaning modes and different kinds of attachments for a variety of cleaning purposes. It also has a two years warranty. Also, Dyson is a trusted brand!!
Conclusion
Dyson Vacuums are expensive but also worth the price. One will never regret buying a Dyson product because of its advancement and assured checks.
Well, it may be a myth that branded products are expensive and worth it because, by now, you might have realized that Dyson Vacuums are worth the price.