You can't compare Bose in a vacuum. It makes the point meaningless.
If Bose cost $200 then it would be a quality product for the money. Maybe even exceptional.
Cost + quality = value.
If all those soft drinks/beers cost four time as much as their non-advertising competition, then it is a great correlation. But, the mulit-million dollar marketing campaign hasn't made my Pepsi cost four times as much as the micro-brew root beer. In fact, just the opposite is true. They've managed to maintain excellent pricing in spite of the high advertising budgets they have available.
Pretty much opposite of Bose.
I think you're taking my beer analogy in too much of a literal sense.
My point is all about how a product is marketed.
There is little (if any) 'real' value to a soda can filled with $0.01 worth of sugar water.
It's value comes later, from convincing people the sugar water somehow defines them:
For example:
1961: Realizing the importance of the post-war generation, it changes it's theme to "Now It's Pepsi, For Those Who Think Young."
1963: "Come Alive! You're in the Pepsi Generation", becomes it's new theme.
1984: Michael Jackson stars in the first two commercials of the new
"Pepsi, The Choice of a New Generation" campaign.
1985: Lionel Ritchie appears in "New Generation" advertising followed by Tina Turner, Gloria Estefan, Joe Montana and Dan Marino.
I could go on, but you get the drift.
They have spent millions to market
sugar water.... and made millions, and it's all from pennies worth of sugar water.
(what's the % mark up of that $0.01 can of soda? Then compare it to the % mark up of Bose and their cheap drivers, etc.) Pretty much the same as Bose