4 Factors Which Affect The Price Of Transparent LCD
The technological boom of the 21st century has enveloped us all. With the electronics market already flooded with a multitude of well established as well as new brands looking to get a piece of the action, it has rewarded consumers with a variety of different options to choose from when they look to buy a modern television display for their household or commercial use. This has segmented the global TV market on the basis of the certain characteristics which they offer.
Factors which Determine the Price
There are a number of different, inherent characteristics which have an effect on the transparent LCD price. Some of the major characteristics which have a significant impact on the price of a television set include;
1. Brand Name
Brand name has a significant impact on influencing the purchase decision of consumers; that is why brands put a lot of hard work into making a name for themselves. Ultimately, the main aim of a brand is to distinguish itself from its competitors; and there is a good reason for it.
Wondered why some reputed LCD manufacturers charge a premium price for their televisions compared to other, newer entrants? Well, it’s simply because they can. Established brands have already concocted a reputation in the market built on product quality, performance and trust. People know their televisions will work perfectly for the considerable future before developing any problems. Hence, they are willing to pay any price in order to acquire their product.
On the other hand, newer, less well-known brands have transparent LCD prices which are significantly lesser compared to those charged by premium brands. Even though they may have fantastic build quality, it’s the brand name that makes customers skeptical before purchasing a high involvement product such as an LCD TV.
2. Screen Size
Want to buy an 85” display to place in your media room for your entertainment pleasure? Well, be ready to cough up a lot of cash if you want to make that happen. Screen size (or display size) is the fundamental consideration behind the pricing of a TV set. Simply put, the larger the screen size, the more the asking price.
According to a study conducted in 2014, the sales of 40” LCDs rose from 32% in 2009 to over 63% of overall global TV sales worldwide, signaling that this size has become the standard display size. This is the reason why 40” LCDs are getting cheaper by the day.
3. Model
Even though this might not be a fitting comparison, but just like beautiful, young models have the ability to make you want them compared to older ones; such is the case with a TV set. When looking to buy a brand new TV set, people prefer purchasing the latest product the market has to offer. The newest model has all the latest parts and technological features built into it compared to the older models which make it perform its functions in a more efficient manner. Hence, the higher transparent LCD price charged.
4. Resolution
With the speedy developments taking place in the display technology of LCD TVs, brands are coming up with much more brighter and sharper TV displays which coupled together, provide the ultimate entertainment experience to the viewer. Such is the speedy innovation that LCDs and LED LCDs have become a technology of the past. Newer technology has given birth to OLED, UHD and 4K displays which offer a much better viewing experience. However, these displays are relatively new in the market and as a result, are significantly pricier.