Quote:
Originally Posted by Cinisajoy
Instant Pot was just the first. Walmart's is almost identical. And yes, on anything retail, the name does influence the price more than anything else. Patents are also another cost.
Sometimes you just take a chance.
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I have doubts about any of that being true.
Instant Pot was the first what exactly? Not the first electric pressure cooker, that's for sure.
Identical? Have you taken them both apart to see the components?
Brand influences price more than
anything else? On
anything retail? That's absurd.
Patents? What patents are involved here? Who is licensing from whom?
The fact is, sometimes folks make better products than other folks, and some things cost more money because they have more value.