Especially for luxury items, it makes sense to keep the price pretty high and supply limited (like Ferrari).
I am from India and $150 is pretty low for the market he is targetting. For example I routinely purchases Moleskin notebooks for around $30 in India and this was not even a rare item. A doctor, a judge can easily afford to pay $500 for these pens.
>For example I routinely purchases Moleskin notebooks for around $30 in India
Do you use fountain pens? Moleskin notebooks are amongst the worst paper I have ever used for a fountain pen. Even the finest points I have bleed an absurd amount.
Especially for luxury items, it makes sense to keep the price pretty high and supply limited (like Ferrari).
I am from India and $150 is pretty low for the market he is targetting. For example I routinely purchases Moleskin notebooks for around $30 in India and this was not even a rare item. A doctor, a judge can easily afford to pay $500 for these pens.