@Longevity this is a general question, and my rational self would straightly say that spending money on scented water is delusional.
... but rational is boring, and these are luxury items. In my opinion, pricing can be only understood and justified by copium and comparison.
The first element is personal, and it works based on the miracle of confirmation bias. Not worth discussing.
The second one could be more objective. I value performance (more on longevity, rather than any factors), especially when I have to spend big £££.
Something that smells good, develops and lasts ticks all the boxes for me... so it may be worth the uber-premium price. In comparison, many other (very) expensive scented waters can't achieve this.
@Longevity that's another interesting point, and in my opinion that sits between copium and comparison. The reason why I am saying that is because stories, complicated processes and rarity can be all made up. :)
Ultimately, as you said, the key word is "perception".
@Merlotsupern I think you won the million dollar! Well said my friend. I agree with your thoughts, only I would maybe add a (perhaps delusional on my part) perception of material quality.
... but rational is boring, and these are luxury items. In my opinion, pricing can be only understood and justified by copium and comparison.
The first element is personal, and it works based on the miracle of confirmation bias. Not worth discussing.
The second one could be more objective. I value performance (more on longevity, rather than any factors), especially when I have to spend big £££.
Something that smells good, develops and lasts ticks all the boxes for me... so it may be worth the uber-premium price. In comparison, many other (very) expensive scented waters can't achieve this.
Ultimately, as you said, the key word is "perception".