1. Brand effect: Lee Kum Kee, as a brand with a long history and high quality reputation, has a high degree of popularity and market recognition. These factors contribute to the relatively high price of Lee Kum Kee barbecue sauce. Consumers' trust and loyalty to the brand will also affect the pricing.
2. Cost of raw materials: BBQ pork sauce is made from a variety of raw materials, including pork, soy sauce and sugar. Quality raw materials will increase the cost of the product, which will affect the price of the product.
3. Production process: Lee Kum Kee BBQ pork sauce is made using a traditional production process, which requires a series of complicated processes, including marination and fermentation. These cumbersome processes require more labor and time costs, so they have an impact on the price of the product.
4. Market supply and demand: If the market demand for Lee Kum Kee barbecue sauce is high but the supply is relatively low, the price will increase accordingly. As well as other market factors, such as transportation costs, taxes, etc. may also have an impact on the price.
Thus, the combination of the above factors leads to the higher price of Lee Kum Kee Barbecue Sauce. Of course, there are other factors that may have an impact on the price of the product, such as the company's profits and the state of competition in the market. These factors are common in a market economy and determine the price of goods.