Humans have the natural instinct of profiting from things that they do. It is the profitability of a certain thing that drives a person's instinct of creating a business. However, there are some instances wherein we forgot that its not just the profitability that is important, but also the quality and the reach scale of the product. As a standard, companies embody the phrase "Quality Control". It's in this short phrase that most companies follow a certain rule, targeting every way of making the product to its best quality.
Quality control defines a company's ideals. Quality must always become the first and foremost goal for every company. It must not be compromised at all cost, by either the outside beauty, the features nor price. However, products may sometimes mask themselves to be in its best quality. We most of the times think that expensiveness is synonymous to good quality. Actually it's not. Always remember that there is a thin line between expensiveness and overpricing.
It's the same case with [quality = high price] and [leisure = high price].
Most often, younger generations prefer what they find attractive, beautiful and expensive. It's purely a manifestation of leisure. I often hear youths talking about the newest signature shirts, mobile phones, laptops, cars - all because they look pretty to them. And buying expensive products give them the privilege to brag about it.
It is different for a product that is intended for a certain group of people. For example, a small laptop computer that can only do certain task like making documentations, internet browsing but is not reliable for file storage or interactive playing target those people who are always on the go, and do business on the road. And these products are normally priced fairly, or say, cheaper. If one goes to spend a lot more on a product alike, it's already overpriced. For expert's term, these products target "users" and not "seekers".