I don't believe the argument is "since some product exists at a price point that it justifies another" but that the seller isn't just making up some price with a huge profit margin. He is using the Delta Elite to explain that it is more expensive to make a rack of similar materials and method. He furthers this by explaining that the regular Delta rack is less than half the price of the Elite, despite the fact that they are similar products.
The higher priced model goes for 139.95 list plus shipping can be found at Amazon/Pool Dawg for 114.95 so the cost of the Elite is comparable to the True Rack.
This quote shows the Delta 13 is clearly being used as an example to justify a similar product at this price point. I earnestly caution anyone from making that argument.
That's not to say that it isn't also being used as an example that quality costs money. The key to selling the rack, though, is finding the crossover point where the business model works, and the feedback in this thread suggests much more analysis is necessary. There is a consistent opinion in this thread that this price point is simply too high, even amongst people who would otherwise purchase this product.
Delta 13 could be used as an example of craftsmanship in this case, but it is very difficult to use it as an example in terms of price point validation.
Even if the public opinion is that the rack is too expensive that is not going to lower the seller's cost.
It may put the seller completely out of business. If you can't change that opinion, in some fashion, then sales will be very difficult, and is some cases, impossible. If the business model is sound per unit as a luxury item then the business will hold provided the demand remains adequate with respect to the expenses, and provided the item is sold and marketed properly as a luxury item.
Consumer opinion in products is a tricky thing. Most of my friends and family think it is crazy to spend $600 on a pool cue yet people on this forum readily do so. Why? Well, most of the cues that sell for that much have a proven record and are supported by other players recommendations.
That's where the rubber hits the road. The biggest issue I see in this thread is that cost does not equal final price. Cues are an example of that. The value of the cue, and by extension the price the consumer will pay, is not a direct function of the cost to make it. It's not a direct function of their personal opinion of the markup. Cues rise and fall in price all of the time with no change in craftsmanship, for a lot of factors both direct and indirect. Marketing, promotion, public relations, customer service, collectible value......etcetera........these are all factors in the price and value of that item and they change over time. These are the kinds of issues that make a direct comparison to a Delta 13's price point problematic.
I see very few that could be considered 'bashing' in this thread, and a lot who are simply providing feedback and advice to help the seller. This thread is an opportunity to collect feedback and sell both the product and customer service of that product.