Why The Prices Of Wireless Earphones Vary In Factories?

It is because the cost of production varies in factories. Some factories use high-quality products and invest in other things, which results in a higher price tag. On the other hand, some factories cut their cost to provide customers with a lower price.

Of course, the reasons are also much more complex than these. The factory position is different, the product is different, and so the price is different. Here are the many reasons why.

1. Research And Development Cost

Everyone wants to come up with the latest cutting-edge technology, and competition is fierce. Many wireless earphones factories create sets that have Bluetooth, which supports new unique features e.g. ENC, ANC, and soon AI. On the other hand, many factories produce ordinary Bluetooth sets. 

Factories producing ordinary Bluetooth earphones do not need to invest in research and development. That results in reduced cost because they are not offering any innovative technology. So, this is one of2. The Prices Of Private Model Products Are Higher Than Public Model

Public model products are sold everywhere. Private model are more unique.

Privately owned wireless earphones factories have higher costs than those that are owned publicly. 

The costs can vary anywhere from $20,000 to $1,000,000. That is because costs vary in two aspects: design and improvement.

Design costs of private model products are higher because they hire brilliant talent. Good designers that can provide aesthetics, function, and sure also a higher fee. 

The second cost is the improvement cost. Once the model is built, it is not perfect. It needs to be tested and modified so that the consumer can enjoy a high-quality final product. Some factories don’t modify to cut costs. However, some factories will try to modify the product till they are satisfied with the result. This will also make the cost different.

 3. Production Costs Vary

Because materials, efficiency, production process, labor, location and many other factors vary from factory to factory, the costs are different. 

The first production cost that varies is materials.
Factories use different materials in production. These materials include:

· Chips

· Antenna

· Batteries

· Loudspeakers

Factories that are sourcing high-quality materials will have a high cost and vice versa. The production cost is transferred on to customers which results in a higher price. Quality affects the price of materials the most. 

the top reasons why costs between factories vary.

4. Administration Costs

Thanks to the gig economy, many factories can outsource professional designers. Doing so leads to a low cost because they are hired on a project basis. It helps the factory keep it’s cost and pricing low. 

On the other hand, factories creating the most innovative wireless earphones hire high-quality professional designers. They charge a large amount for their services and this result in high costs for the factory. Of course, designers are not the only people factories hire. 

The wireless earphone making process is a tedious one, and many specialists are hired during every step of the process. Some are hired short-term, and some work for the factory as employees. Depending on the quality of the talent, costs will vary too. 

Highly skilled and experienced talent will result in a higher cost for the factory, and vice versa.