Dad said, "Brand is the price you pay for not knowing the quality of your product."
The time was early '90s. Dad had been a retailer of clothes for over 20 years.
You got a pair of unbranded jeans for about 250-300 rs, and if you wanted to go "expensive", you paid about 450-500 rs for them.
Along came Lee's and Levis with price points of 1500 rs for one pair of jeans. Yet, people flocked to the stores as if it was a giveaway.
Not surprisingly, traditional jeanswear retailers and manufacturers suffered. Dad did not deal in jeans extensively, but it was a product close to his heart.
One day, at the dinner table, we got talking about Lee's and Levi's.
"Why do you kids want to buy Lee's and Levis?" he asked.
"Its cool dad. Their jeans are really good." we answered.
"They are? How so?"
Well, obviously, we did not know the answer.
Then, dad paused, "Brand is the price you pay for not knowing the quality of your product. If you could hold the jeans in your hand and check the fabric, the stretch, and the dyeing, you would not need to spend 1500 rs for that which should not cost more than 300."
It was a dinner conversation, and it was apt to be both ignored and forgotten.