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Hero 4 Black Economic Advantages

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When analyzing the relative advantage of a product, the following six factors are considered: economic, social status, savings of time, savings of effort, reduction of discomfort, and the immediacy of rewards. Concerning the economic element, the Hero 4 Black, $399, is a costly investment. However, its durability guarantee, editing software, tutorials, and online assistance are included in the price, which other action cameras cannot offer in the asking price (Jennings). This economic advantage has caused the rate of adoption to increase (Jennings). Regarding social status, those who have the Hero 4 Black are viewed as wealthy, active, healthy, and thrill seeking individuals (Loboda). This favorable opinion of Hero 4 Black users has caused
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