Producers Love Consumers Like Myself

I guess you could call me a clutz or technologically unlucky, but I have no doubt that producers count on people with my luck to keep their businesses running. Since high school, I have broken or lost three cell phones and three digital cameras. Cell phone and digital camera producers are well aware of the fact that despite my clumsiness I will always feel that it is necessary to own both of these pieces of equipment. Personally, I think this is why they make the brilliant economic decision to provide consumers with a one year limited warranty in most cases.
Most people initially want a nice camera so they will save up and get something that suites their desires. When you get to my position, however, you just want something functional and are in no position to be greedy. This is when you begin looking for a semi-decent substitute. If you were to purchase a phone or camera without the intent of spending hundreds of dollars to buy sturdy, durable piece of equipment, you are going to end up with a product made of cheap materials that are likely to break within the first six months of the expiration of the warranty. In my opinion, this is a tricky move by the producers but they know they can do this by what I would compare to collusion. If all the businesses in the market agreed to sell poorly manufactured phones and cameras, people of a certain class or people on the low end of the demand curve would be required to buy one of these phones or cameras. This begins a vicious cycle of cheap things which break more and more frequently as you can see in my case. My advice to everyone is to buy the things you want and don’t ever, ever EVER lose or break them.