Everyone likes to have or own prestigious things even though not all of us can afford them but for the few who can go for to the extreme to spend as much no matter the cost to get it. In turn this makes designers to overprice their products because they can without being penalized by anyone to get their clients hooked to their products for life. For those of us who cannot live without Gucci have no choice but to keep coming for more and more till death do us part.
Some customers are always willing to pay more for the latest trends, which seems to be more expensive each coming year. The higher the prices, the more attractive the product is in the fashion world and since people are willing to pay, the designers use this knowledge to keep their clients coming for more. The client feels they are in control when they are given the first priority to purchase products that are few in the market.
Manufacturing of these products are always expensive and require lots of money from the producers hence they need to compensate their prices. Money used to pay for labors and the materials are usually compensated when the end product fetch a good amount of money. Usually a lot of cash is spent on promoting the products by adverting and marketing.
There is competition in the fashion world with different designers and trends coming up every day. Therefore, every designer needs to make a name for themselves and by doing so they spend lots and lots of money to remain relevant in the industry.
Quality is another factor contributing to the expense of the product. Many manufactures use very expensive material to come up with the final product. Such materials include using of real leather and quality cotton in terms of fabric which are unique and requires a lot of money.
Rich people wearing designer clothes promote the designer by adverting their products for free by wearing them. Unlike the poor who will only bring down the value of the product, the designers must make sure their products are only available for the wealthy to increase their profits.
Shipping costs are always added in the last price of the commodity in order to realize profits. For customers who are willing to buy, incur the costs regardless of the price. Invention of new designs will always cost more due to new ideas. Despite the reflected prices, people still consider this and ideal choice since it offers them the worth of their money.
Popularity of the product makes it more famous for people to want to buy more making the designers profit more. Many people would love to associate with the brand as it is one of the best in the world and they are prepared to spend whatever amount of money to have the commodity.
Some customers are always willing to pay more for the latest trends, which seems to be more expensive each coming year. The higher the prices, the more attractive the product is in the fashion world and since people are willing to pay, the designers use this knowledge to keep their clients coming for more. The client feels they are in control when they are given the first priority to purchase products that are few in the market.
Manufacturing of these products are always expensive and require lots of money from the producers hence they need to compensate their prices. Money used to pay for labors and the materials are usually compensated when the end product fetch a good amount of money. Usually a lot of cash is spent on promoting the products by adverting and marketing.
There is competition in the fashion world with different designers and trends coming up every day. Therefore, every designer needs to make a name for themselves and by doing so they spend lots and lots of money to remain relevant in the industry.
Quality is another factor contributing to the expense of the product. Many manufactures use very expensive material to come up with the final product. Such materials include using of real leather and quality cotton in terms of fabric which are unique and requires a lot of money.
Rich people wearing designer clothes promote the designer by adverting their products for free by wearing them. Unlike the poor who will only bring down the value of the product, the designers must make sure their products are only available for the wealthy to increase their profits.
Shipping costs are always added in the last price of the commodity in order to realize profits. For customers who are willing to buy, incur the costs regardless of the price. Invention of new designs will always cost more due to new ideas. Despite the reflected prices, people still consider this and ideal choice since it offers them the worth of their money.
Popularity of the product makes it more famous for people to want to buy more making the designers profit more. Many people would love to associate with the brand as it is one of the best in the world and they are prepared to spend whatever amount of money to have the commodity.
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