6 Simple reasons why luxury brands are so expensive
It may seem incomprehensible that luxury designers make much more than less renowned brands but, in reality, there is a bit of logic behind the crazy high-end clothing price. There are simple reasons to justify the fact that luxury brands are so expensive. Have you ever peeked up among the beautiful leaders of a high-end store asking you why everything is so expensive? It is common for luxury brands to sell their products and clothing at astronomical prices. You can find a cheap garment and a similar one in a high-end clothing store, the only difference between the two is the price. It may seem incomprehensible that luxury designers make much more than less renowned brands but, in reality, there is a bit of logic behind the crazy high-end clothing price. There are simple reasons to justify the fact that luxury brands are so expensive.
It may seem incomprehensible that luxury designers make much more than less renowned brands but, in reality, there is a bit of logic behind the crazy high-end clothing price. There are simple reasons to justify the fact that luxury brands are so expensive. Have you ever peeked up among the beautiful leaders of a high-end store asking you why everything is so expensive? It is common for luxury brands to sell their products and clothing at astronomical prices. You can find a cheap garment and a similar one in a high-end clothing store, the only difference between the two is the price. It may seem incomprehensible that luxury designers make much more than less renowned brands but, in reality, there is a bit of logic behind the crazy high-end clothing price. There are simple reasons to justify the fact that luxury brands are so expensive.
The word "luxury" has its price.
One of the distinctive features of luxury is in fact the price. Without the price increase, high fashion brands could be perceived as not as exclusive. Some luxury brands are starting to offer more and more convenient options but, the reputation of luxury, is still anchored at a high cost once arrived in the cash.
Consumers want to feel special or important.
For many loyal consumers to the luxury brands, the higher the price they pay, the more the value perceive it. Many consumers believe that the price of the purchased products, equally greater is the affirmation in society and in a rich and successful elite class.
It is easy to connect the concept of value to the price.
The same needle and wire can be used both to make a head of high-end clothing, both a standard store article. Luxury brands can give added value by increasing the price. Often, the functionality is less important than the perceived value in the world of luxury fashion, the usefulness of high-end garments is typically felt for occasional events or, even for a red carpet or special events.
The quality of the material used is usually very durable and reliable.
Although some of the reasons why luxury brands recharge extra are rooted in the perception of their value, it is not only a question of advertising. Many consumers are willing to pay extra cost for luxury items because they generally use superior and very expensive materials. For this reason, the utility and longevity of a product apply the price increase for high fashion consumers.
Luxury brands can make the scarcity of other products perceive.
The offer and demand are another aspect that, if played well, they can certainly work in favor of luxury designers. The concept of personalized "one-of-one" leaders can convince a consumer to pay a high price in exchange for exclusivity and social praises that a purchase as this is able to allow.
Consumers pay for the genius and creativity of high fashion designers.
With many high fashion brands, the design and creation process of a luxury clothing head is much more personal and intensive than the brands of standard shops. While a brand of a store can produce several articles in series for a multitude of common consumers, many luxury designers create their own leaders with a precise customer idea in mind. And here we find one of the most important sales factors for high fashion brands and designers behind them.
