In Reply to: Re: What's REALLY going on here? posted by Phil Tower on April 29, 2004 at 12:00:45:
... and Steve is educating us. i see nothing wrong with what he's doing.I'm willing to ignore whether JPS's advertising claims are ethical and go straight to the crux of the matter. By "taking advantage of their customers' lack of knowledge" I simply mean this: JPS is aware of a company in Belgium that makes a certain power cord that is, apparently, beneficial for audiophile use. The Belgium supplier is not exploiting the market themselves. JPS is taking this product, making it cosmetically more "presentable" for its new use, and bringing it to the attention of the audiophile market. They are pricing the product in line with what other audiophile power cords with similar (presumed) benefits sell for and making a handsome profit. This is capitalism. JPS Labs is not a charity that is required to provide benefits to consumers for free.
However, once this fact is discovered, no one is under any obligation to protect JPS's little secret. No one is doing anything wrong here by pointing out that JPS is making a profit off of their customers' ignorance. In my mind, this isn't a legal or moral problem - simply a case of raising consumer awareness. And I think that's a good thing.
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Follow Ups
- Absolutely. JPS is taking advantage of their customers' lack of knowledge.... - Dalton 12:23:11 04/29/04 (19)
- funny thing is - Bruce from DC 13:35:08 04/29/04 (14)
- Re: funny thing is - Phil Tower 17:20:58 04/29/04 (0)
- "cost-based pricing model" - Robert H. 15:22:48 04/29/04 (4)
- Re: "cost-based pricing model" - elmuncy@yahoo.com 08:27:39 04/30/04 (1)
- the review... - Jack Gribble 10:56:21 04/30/04 (0)
- Now now, the label probably was made in Italy. - chris_w 01:26:51 04/30/04 (0)
- just so, Robert. - Bruce from DC 15:40:02 04/29/04 (0)
- More red herrings - Steve Eddy 14:11:30 04/29/04 (4)
- Re: More red herrings - Bruce from DC 14:53:57 04/29/04 (2)
- Re: More red herrings - Steve Eddy 15:37:16 04/29/04 (0)
- The question is, now that we know what that particular JPS cable... - rp1@surfnetusa.com 15:00:06 04/29/04 (0)
- I WAS concerned about the price... - rp1@surfnetusa.com 14:22:01 04/29/04 (0)
- Hmmm....wonder if the filter arrangement was why I was getting less - rp1@surfnetusa.com 13:42:25 04/29/04 (2)
- Re: Hmmm....wonder if the filter arrangement was why I was getting less - Bruce from DC 14:55:56 04/29/04 (1)
- No...it appears to be single-ended....but...interactions abound..nt. - rp1@surfnetusa.com 15:01:05 04/29/04 (0)
- All correct.... - rp1@surfnetusa.com 12:45:12 04/29/04 (2)
- Re: All correct.... - marc g. 13:06:21 04/29/04 (1)
- There's no more shit left to kick out..:-) - Audio Pharaoh 15:54:21 04/29/04 (0)
- Great post. That's exactly how I see it (nt) - Dave Kingsland 12:40:22 04/29/04 (0)