Technology is blurring the line between luxury and low-end brands. As one Harvard Business School professor puts it, “Low-end laptops, cars and even cooking oil have passed a threshold where they're simply good enough.
Innovation has improved quality and that’s good news for consumers but bad news for best in breed product makers such as Sony and Toyota.
So what's the top-of-the-line trade as consumers say “that's good enough”?
I like Corning Glassworks says Jeff Macke. (They make the glass that goes into flat screen TVs.) They’re doing higher volumes and their business seems strong.