Are Designer Bags ACTUALLY Worth the Money? What are we REALLY paying for?
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- เผยแพร่เมื่อ 28 ส.ค. 2024
- Ok so you might think this is strange (given my last video was my luxury bag collection) but are designer bags actually worth the money? and what are we REALLY paying for? This video was inspired by Tanner Leatherstein's videos on Tiktok and they got me thinking about the mark up that designer bags are sold at and what does that mark up pay for...ENJOY!
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her economics degree is coming in handy 🤣
but in all seriousness, cassie, thank you for bringing to the fore the endless list of things that goes into pricing luxury items. prior to studying my degree in fashion business, i did not know just how vast and deep the fashion industry ran
i hope that by you spelling them out, allows more people to understand that when we buy luxury items, we’re also contributing back to the economy as the mark-ups comprise of people’s salaries
and the backbone of luxury is the fantasy and mystique that it’s shrouded by. if looking expensive and buying a status symbol is the fantasy we’re after, go ahead and live your very best life. and if wearing a non-designer, low-priced canvas tote bag around is what works for you, that’s absolutely fine too!
everyone should deserve to live and of course, dress to live in the way they feel most comfortable. neither is up for judgement ❤
Love this comment so much!! I hope this video is helpful too those who are unaware or don’t have the time to look into it 🥹🙈💖💖
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The only ppl being well paid at any of these companies sit in the c-suite. Are we applauding overpaying execs now? When artisans make a basic income?
@@sfjayhawk5810 we applaud each person behind every piece of garment we own and love.
without skilled artisans, we won’t own the quality product we own. and without top executives making acute business decisions, the product would not have the luxury appeal that we buy into.
every role is important, but some are just more highly paid than others because our society rewards brainwork more highly than handwork. as long as artisans are remunerated and treated as they deserve, i don’t see an issue as a paying consumer.
I just bought myself black *amzrepx* , I love her so much! She is so beautiful and elegant. I put the Hermès twill on the top handle and she looks beautiful.
This is why I love Coach. You pay for the quality of the bag.
Is modern Coach still the same quality though? I hear a lot of trash about the more modern pieces and praise for the vintage ones
Me too catherine, good job! I agree, I feel Coach offers a solid value for an affordable price.
@@corinatralala2556 Only because so many people are buying from the outlet rather than retail. Outlet stores sell lower quality items, often with defects. The outlet market is huge in Europe and people don't care about the quality- they just want the logo. It's strange.
I love this video because it's spot on. I wish more people would be honest with themselves when buying designer. You buy it for the style and absolutely the name. Chanel rain boots are over $1K, do people seriously think they use a better quality rubber.
I just want people to be honest and admit the bags are definitely marked up but they don't need to justify why they purchase.
I have two pre-loved *preluxz* that people left the stickers on, and when you remove them, the hardware looks different than the hardware right next to it that the sticker didn’t touch. It’s not because the other has scratches, the sticky stuff affected the finish.
I think it all comes down to childhood and upbringing. I think a lot of people have very instilled beliefs due to their experiences growing up. What is normalized to you, may not be normalized to someone else. Also it is hard to find a community that truly understands art, fashion, and creativity and that does not shame people for what they love and what they spend their money on, just because it’s not what they are passionate about/what they choose to spend their disposable income on. Very interesting video.
Good point!!
I’m sorry this is ridiculous. No one is buying bags for the art. Bags are sure pretty but they no art lover collected bags. Bags are Symbol status.
I would partially agree. I'm a creative who has always done art, worked with textiles and sewed . I do home design for a living but love other designed goods besides for homes . It is very rare for me to like a bag and see something I love (hello Alexander McQueen brass knuckles bag ! may he RIP he died to young and it's not the same ) , let alone want to buy. I believe beyond the markup it's all about marketing and hype especially for the smaller bags. They simply aren't worth the price, no bag is worth a downpayment on a home, or the amount of a used car !! for those prices I'd rather have land, mineral rights and gemstones. Depending on the bag it's worth it , however most are just that - status symbols
In the fall, *jklux* it would be super cute with nude, tan or even tonal clothing! I think I could go with a tan wool coat!
. Love the way you present *jklux* ! You really pay attention to presenting the bag. I don't think there is any other TH-camr who can present the bag in such detail as you do.
Nothing turns me off more than influencer partnerships. Why pay for something when some random on Instagram is getting it for free?
Is it just because they are influencers or you just don’t like people getting items for free? I feel like the latter has always been a thing. Before influencers, it was celebrities, before them, it was models, before (also during and after) that it’s random rich people. So idk for me it’s hard to be mad at any one particular group when I know pretty much anything I buy will be given away to someone else for free, but I also recognize that that’s also half the reason I even know about a product, down to the reviews (which people are given products for free to review) so it’s just good business on their part imo.
I mean when the person has a massive following it's more of a transaction, they benefit from giving influencers the bag
Plus everyone always gets something for free that others dont. You probably have drinking water off your faucet while half of the world has to purchase it... it's just life. Imo no need to be angry about that. I would hope everything would be free for everyone always but that utopia is still far ahead
The whole point of giving influencers an item for free is to influence the viewer to buy or consider buying said item 💜
Influencers work hard for years often doing all aspects of content creation in front of and behind the camera. They are celebrities in and of themselves. I feel like they deserve the free items based on their work.
My grandmother was a lover of fashion, and a dressmaker and she passed on a love of fashion to me 🩷 I have often thought about how I am able to buy for myself, things that she would never allow herself to have because of a societal notion that women of that time had to be completely self sacrificing. That being said I LOVE a bargain!
My grandma & grandfather was a men tailor and my mum was a dress maker and I was educated by my childhood environment & luv fashion and fabrics and tailoring and etc
@@KS-zd4ew You have fashion in your blood🩷☺️
Love the honesty and awareness of this video. Designer things can aesthetically pleasing and make you feel luxurious and that’s ok. Pop culture plays a lot into it as well. It’s so much that goes into it.
For me it is supporting the artists - the designers who develop the fashion for all of us. Lots of designer ideas eventually go to mass production and those who have means, support the companies that hire the artists by buying the original products. They do get better quality and good feeling.
Its no surprise that luxury items dont actually cost what we pay. The industry has to make money after all, its mainly the name you are paying for. However said items are of a superior quality then obviously high street things and they do last if you look after them. As long as your rent and bills are paid, live your best life 😂 its only money , we make more
This video brings up all the points beyond reputation as to why some of us buy any level of designer brands. Sometimes i wonder about the markup on ready-to-wear, and the overall margins across the industry
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You're 100% right.
Some people care way too much about other people's lives. Everyone has a right to do what they want in their life, and that includes how they spend their money. You like luxury handbags, other people may like comic books, coins, or jewelry. If you're a true collector, it can get very expensive no matter what you collect.
I think people need to worry about their own lives more than other people's.
I have way too many problems in my life to worry about how much someone is spending on a bag. I won't be buying it, I just like just watching the videos for enjoyment.
Plus, you have a great personality, and your videos are fun. ❤
This is why I will never buy into “quiet” bags. None of them are really worth what you are paying. If it doesn’t have a label or isn’t an obvious designer item, why would you spend the money? Why would I spend $1500 on a Saint Laurent tote bag when I could shop at Cuyana, or even Madewell and buy something similar for a fraction of the price and go on my understated way. It’s such a silly concept to me. If I was really wealthy and the price didn’t matter maybe it would be different, but most of us looking at TH-cam videos and social media for reviews are saving every penny for these bags….they need to be special!
Nooooo SEO-friendly description leads to a decrease in the number of video views. *gtdupe*
Always hurts when Tanner cuts into these babies 😃
A shock through my soul
I screamed Noooo the first time I watched his channel 😂 I automatically subscribed to it.
Cassie of course they're not worth it, but you want it! I've seen him demolish a bag. Seems Coach comes out one of the best. The profits are huge from these designers and even the overheads don't seem to make a dent!
Such an honest, thorough take on the markups inc. the acknowledgment of decline in quality in many Houses. And thank you as well for always bringing up the logo issue: I am all about having a little logo---the fantasy of it, as you say. There are beautiful, excellent quality products out there at a reasonable price and I buy those. But the whole point of my occasional luxury treat (my view) is that it's special and, in my middle class life, I like adding a little logo splash for panache, a little "flex" (once again using Cassie-speak).So, I'm all about logos and most people are, too. In the lux community, Cassie has ALWAYS had that refreshing, matter-of-fact-honesty about the CC's, GG's, YSL's, etc.
Love this guy who eviscerates designer fashion labels and products. Been watching him for some time and it def influences my decisions.
Cassie, you continue to impress us with your wisdom. Thank you for this video. That’s why I like following you. You keep it real. Love ya xx
❤❤❤ yeeesss
13:34- me too sis. I love a logo. Especially when the Logo is a cute animal and is embroidered. I’m a sucker for embroidery.
Girl! You know your stuff…that’s why we tune in💕
I did watch him for a while too. An eye opener to ALL
Cassie, have you ever thought of putting some of these fashion news and analysis on podcast? I wouldnt mind having these updates on my ears on my morning walk
YES! Cassie podcast...would subscribe!
Thank you for sharing. I like how Tanner says at the end of his assessment that if you’re willing to pay the “premium” ,which is everything you’ve explained ,then that is totally up to you. Just like you have explained, a lot of people seem to think it is 100% about the quality and at the end of the day that’s why the price is so high. Most of the cost is the name and what that brings with it. Plain and simple. Decide if you’re going to hop on the train or don’t. Either way is fine. Just don’t look down or judge others for a decision they’ve made. Everyone has their reasons for doing things and it is totally their choice.
❤❤❤👏🏻👏🏻👏🏻I’m totally on your side, Cassie. I understand being an addict of logos. 😁 Everyone should be collecting whatever they want and not being judged for it. Especially today, 2023! 😁
Love love love this video. I think its important to know the behind the scenes reason for the high prices of these luxury brands. I’ve always known the leather for some (not all) luxury bags were not always the best and that I was indeed paying for the brand and yes…. The logo. But for me it was worth it. I loved either the look or the style of the bag and no dupe (I do not like fakes) would ever really be the same or enough for me to not want to the buy the actual bag. So at the end of the day as with most of our choices in life…. It’s a personal choice to make. What is worth. Your $$$$$ and what is not? I love watching that guy deconstruct luxury bags and I have learned a lot from him. But it won’t stop me from buying what I love and want. If anything he has opened me to contemporary brands I would have otherwise never considered. But my love for the luxury bags isn’t going anywhere anytime soon. 😂 Thanks for the great video and chat!
what about when the leather itself goes down in quality ? paying $600+ for pleather is ridiculous way to waste money !
I have never bought an actual luxury item, but you’re one of my favorite people to watch on TH-cam. You’re so entertaining to listen to and watch, and I do love fashion. I, personally, am not comfortable spending that much money, but it doesn’t bother me that you or anyone else is. Live and let live. I live vicariously through your shopping vlogs 😂
Great chat Cassie👍🏻At the end of the day though it is just a vessel to carry a lippy, keys and maybe your phone so it really comes down to what people value and want to spend money on i guess . Always an interesting debate💖 love the conversation and food for thought.👍🏻
Thank you!! 🙌🏽💖💖
LOVE watching Tanner! You made such a great point about people collecting cars pokeman cards ect. There is nothing wrong with collecting luxury handbags🥰
While there are other luxury youtubers with a significantly larger amount of followers, I feel like, Cassie’s followers are the true ones. I always get excited when I see Cassie has just posted a new video. And I’m pretty sure I’m not the only one 😍😍😍
Love hearing your opinions on the fashion world.
I will not deny that having a designer bag makes me feel good. Its not everything like you said, but it brings me joy. I don't feel like it makes me better than anyone else. I just like wearing fancy things lol!
Yessss…putting that economics degree to use again! There are so many working parts to everything (careers, industries, grocery stores, etc) that as consumers we don’t even know about let along consider. At the end of the day, so long as my bills are paid and I’m happy with my luxury purchase, that’s what’s important. Okay lots of stuff is important but you and Aunt Daphne know what I mean. Fun fact: the first time I saw one of the leather guys vids, my heart stopped for a brief moment. He. Cut. An. Expensive. Bag. Apart. 💖 June
My favorite *gtdupe* shopping item is the sweet and clean caramel tote bag. It is a must-have for me to take to work and the hospital. It can hold my laptop, notes, and water bottle - a must to stay hydrated and melanin. Thank you for sharing these goodies with us!
Love the mix of facts and personal honesty! Lots of people just think that the mark up is extreme but don't consider all the COSTS of running a GLOBAL business. Loved your commentary on why you buy it. Look, sometimes the logo hits my heart just right and my card is already on the counter 😂
Your closet is simple a dream! Not just the*preluxs* bags but the ready to wear that you have is absolutely stunning.
Honestly, when you purchase luxury fashion and jewellery, you're rarely ever paying for the quality of product itself. You're paying for the brand name, the marketing and the luxury experience to complement the purchase of the item, although that's gone down hill too. I love Louboutin's and couldn't care less if people think they're no longer in style because I genuinely like Christian Louboutin's styles and experience joy each time I wear my shoes. I am aware it probably cost less than $100 to create the shoe, but I love the brand enough to pay the price. I think some people feel shame admitting that they're willing to pay thousands for a brand name, so hide behind the "quality and ethics" argument. I also think some people purchase luxury goods because it's a form of social validation and esteem boosting. "I have value because I can afford this brand name item." which is a dangerous path to walk as I believe this could lead to getting into serious debt to fill a void.
Great video! I love that you brought up the point about collecting when the collection is expensive. I’ve been collecting bags for 20 years and I ever since I’ve started I get judged for it. People collect cars, art and other high value items and don’t get as much judgement for it as people who collect and enjoy using handbags
Exactly!! 🙌🏽
The variety of textures in the *gtdupe* pack is impressive. From smooth leather to textured suede, there's something for everyone.
Cassie!!!!!! I love how much this video was relax and really felt like a couple of girlfriends were chatting honestly about the topic of luxury items. Everything you said hit spot on for me. I did worry if spending so much on branded items was silly but I did want one. Also.... thanks for emphasizing what a luxury items means and values to individual people.
Well said! Bravo! I am 100% with you! Obviously, that is why I love your channel.
Agree with your logic and believe individual style and taste creates the “value.” The person who desires the item decides if the value is worthwhile and it’s going to different per person. Loved your fact finding!
Cassie, I love this video!! I often get buyers remorse when I spend my hard earned money on designer items and think about what it actually cost to make vs. RRP but I’ve never thought of the additional costs hidden in the price tag! It actually makes me feel so much better haha, I can justify money going towards an ad campaign compared to 90% going into some old guys pocket (even though it probably ends up there lol). Fab video as always💕
Loved this video. Honest and realistic… and I don’t forget you’re an economist!
But the heart wants what the heart wants. For me, simple black bag with no design or something special doesn’t work, I need to feel something about a bag to wear it 😅 Yes, it may cost 300% more
Honestly I don’t know why I see the looks and confidence elevates with wearing a designer bag and I loveeee them..
Thank you for discussing all aspects of what makes up the price. All those things besides the cost of materials.❤
I am in total agreement with you Cassie. I love your honesty and will echo the same. I love luxury, I love logos, could care less how anyone feels about but I sleep well knowing I'm honest about it😍.
Tanner also did a Caviar Chanel wallet, a vintage Chanel bag, and a Botega wallet. The differences within brands were fascinating.
Excellent video! It's important to understand that the cost of luxury is not a direct correlation to the quality. The videos showing quality and costs clearly demonstrate that. He showed a Chanel wallet that was around $20 to make and it was $2K (roughly)! So, if you don't mind paying for all of the pomp and circumstance, then yes buy the luxury bag. However, if you want equal and/or sometimes better quality leather goods and craftsmanship ONLY, know that it can be easily found. The great thing is that we all have options to get what we want. Luxury anything can be found (almost always) of equal or better quality somewhere else at a market value that reflects the true value/price. that Pillow Tabby is around $600, but it if had an LV or YSL logo on it, it would easily be $4K or more. So, like he makes clear in every video, if it is of value to YOU, buy it. He just wants to make clear we're not getting better leather, craftsmanship, etc. or anything impossible to find at other reputable, high quality companies. I've recently found the same as I've gotten into skincare and comparisons between luxury and non luxury brands. The $1K eye cream is many times not as good as the $50 eye cream because it's loaded with fragrance and chemicals to provide and 'experience' rather than actives to produce results.
omg I love leatherstein. I'm an ASMR enthusiast and his videos are so relaxing and informative
another one of my problems with Tanner is that he grossly under values labor. All of your points are valid, but on top of that I sew and I'm a jeweler. $170 for labor to make a bag such as a Loewe puzzle is a pittance for a trained crafter. And that amount is supposed to include price of quality sourced materials? Ridiculous.
SO happy you commented with your experience - this is so valuable to know 🙌🏽💖💖
This, is there a astronomical, partially unwarranted, upmark up on anything designer? 100% Do I still like the aesthetic, designs, and yes - the exclusivity? 100% Depending on what you're into these designs are pretty much non existent outside of designer
Back on topic, still a lot of these debunking videos aren't being entirely honest themselves. Like if he can find hq materials, not sourced in the worst of conditions, at these prices? Pls do tell, i'd love to know!
Same goes for labour costs, as you said yourself. And that's not factouring in all other business costs.
That's why I, personally, have such a big problem with these deinfluencing type videos
Agreed! A designer bag, has the word "designer" in the name for a reason. Someone spent their time and energy to create something unique that would be appealing to others. There is a reason why these designer luxury bags are then counterfeited ad nauseam and someone like Tannerstein can get on his high horse and critique them after the fact. It's easy to say a designer bag isn't worth it, we all know that no bag is worth a $5k price tag, but the craftsmanship and innovation that come with that bag cannot be ignored, although Tannerstein definitely tries.
I’ve always watched his videos and yes I agree we are paying a marked up premium. But I’ve ALWAYS thought his estimation for labor/artisan seem so Under-value and I end up questioning myself if it’s inaccurate OR are artisans really this under-paid for the hours of labor😮
Bedo's leather channel is also another great resource. He reconstructed a completely ruined blue Birkin and did a phenomenal job! And Tanner Leatherstein has a podcast too, it's pretty informative.
Honestly, after watching their channels, I don't think I'll ever buy luxury brands like Chanel, LV and Hermes. Although I might become a "logo ho" for a Fendi baguette! 😆
But the leather is just not worth the markup, especially after price hikes and their videos prove it. I grew up horseback riding and you learn A LOT about leather that way. Their bags are not full grain leather most of the time. (Don't be fooled by "genuine leather"! Bottom of the barrel quality..) Saddleback leather and Dooney & Bourke Florentine leather are surprisingly excellent quality for the price. I have bags that are a decade old, developed a lovely patina otherwise still in almost new condition.
I’d say for the bigger brands the mark up is easily 80-90% of the price. I’m planning a trip to Florence and am looking at buying some leather bags there as that is what they are known for, but they still price at the cost of what they generally should be. (Leather + skill required), and has made me realise how crazy some of them are. Having said all that….still planning on buying a Lady Dior soon.
We stan an honest queen!!!!❤❤❤ You said it better than i ever could. I want to also add that there is legitimately a misogynistic element to this as well. I've noticed that women are more often criticized for their expensive hobbies than men are. You won't see as many people saying wow what a waste of money that sportscar is! Ours are often seen as frilly and frivolous when they are "feminine". Something to think about!
Great point !
Yooo I gave this a thumbs up last min bc your father made me smile!
Well said dear - honestly do you. Hate people telling me what I should or should not spend my money on. If I want to buy and expensive car I should be allowed too just like if you you want a cheap rust bucket that is up to you too. So tired of people always judging. Judge yourself I say. Love you Cassie
Excellent video and examples. Some of my family members like to play the lottery and spend large sums of money doing so. I used to frown upon them and say why spend your hard-earned money on a gamble. However, as you stated, people have the right to buy and do what they want with their money. As long as I'm not being asked to pay their bills, it is none of my business. My motto: Life is Short! Do you!
hahaha love seeing the application of an econ degree (as a econ major myself!) Absolutely loved this video!
Why thank you - finally putting it to use after being out of uni for 9 years 😂😂
i worked for a luxury brand and what i think is not taken into account is these brands treat their employees very well (at every level). other massive companies, like say mcdonald's have the money to do that but they don't.
I just enjoy her talk and agree with her, keep posting videos like this!
I've watched a few of your videos but this one made me a subscriber. I like that you examine the idea of luxury beyond just what it looks like. For me it's watches, not bags, but the same philosophy applies. There's a lot more to the value of something than how it's made.
I love how clear you are about your love for logos.
When we consider all the brands that fall under the same umbrellas of ownership, it make the idea of inter brand competition look different.
There's even more costs if the brand has an online presence. From the devs and sysadmins labor to the servers the website is located in, the web domain, the databases etc etc
Oh my gosh I have been watching his Instagram all year and it is amazing in terms of the acetone testing and some of the heavy finishes that fashion houses put on leathers! Also the asmr of the deconstruction is so satisfying 🤣
I think instead of his estimate of cost for production I’d like to see hours to make. Based on these labor costs it feels like very cheap per hour cost.
We LOVE Tanner!!!!❤
Love Tanner, his videos are amazing and educational and absolutely worth watching… it’s scary when he cuts the bags…😂😂😂 And thanks for being honest about why you buy it due to your love for logos and brands..😊
Love leatherstein he also does say that he doesn't count the rent of their stores, staff/corporate costs, advertising etc.. so the mark ups aren't as crazy as they seem. These brands have really nice stores all over the world in major cities, the have corporate offices, they have advertising and do major brand deals with celebrities etc... Obviously you pay for the name but also all that other stuff.
I started to watch Tanner Leatherstein last year. The big shock to me was that I thought fine leather itself was much more expensive than it is. But, the markup does not surprise me because I know how much fine jewelry is marked up.
All luxury goods have inflated prices because the assumption is, if it costs this much, it must be better. Works for logo items as well as “quiet luxury” things. It is just human nature to want “better,” often especially if it is exclusive. That said, there is a lot more value in the design of expensive things than he gives credit for. A canvas with paint slapped on it by me as compared to one by David Hockney may have the same intrinsic value, but they are not the same.
Cassie just became ‘that woman’! Business savvy. Love this video and I thank you for researching the influencer who shared the deconstruction of the bags. That is genuine/ non biased research and what a level up moment as an influencer. Shows you have ethics for what you put out and the various aspects that goes into the cost of a product. One thing I hate about certain outlets who now use cheaper products to make outlet items and not take the previous season items that don’t sell and get them into the outlet.
Economics 101 with Cassie!
It is beyond the physical item and it is the experience created. I.E-Disney versus other amusement parks.
I love that you own your logos! You know how to make it work and don’t apologize.
they've always done this with outlets . I learned about it 8 years ago when I started getting into luxury . you can tell if the are the "knock off" the original when they have little dots or diamonds by the name or if the normal name has capitalized first letters vs non capitalized letters etc. when you know you know ..
Good morning! Timely video as I’m headed to NYC this weekend to go shopping. Might help me with my list ha
So glad points for Bottega. My favorite :)
Omg have the best time! 🥳🤩
A very informative video. We’re also paying for the legacy of the brand how long it’s been around as well. I guess it really just boils down to personal preference if you see it as justification for the price mark up to purchase the bag based off all of the parameters, you’ve shared here then I say go for it. I just bought my first Lambskin Chanel bag and the price was up there but I realize all of the parameters you shared was the reason why the tag on my bag was so high. But I love Chanel and I know what goes into creating a reputable house so I took the plunge and I have no regrets.
I really appreciate your honesty on this one.... Sometimes I feel guilty about my bags.... Running into people I know, they look at my bag and comment on it.... Oh another lux bag? But bags are my thing.... I don't tend to spend as much on the clothes, thats how I justify it... When in the USA, there are 2 of my favourite boutiques....... Marshalls and tjmaxx. I've gotten such great finds in both
Happy Meal box 🤣🤣🤣 that’s one pricey lunch box! If I had one of those I won’t be able to afford to put food in that lunch box!! 😂
Heart in mouth moment seeing him tearing up $000's of bags 😮
But yes, the leases to be on the best streets in the key cities mean that the flagship stores are often loss leaders. From what ive heard, the stores generally get a routine return and all the profits are maintained by the entrepreneur and IP owners (likely in low tax jurisdictions!)
From a consumer perspective, the marketing contributes to us desiring designer. I guess if that's what we like and value, then that's what we'll pay!
Very thought provoking video, thanks Cassie! ❤
Thank you dear for taking us along. Can't wait what the HIDUPZ queen picked up Fend
You are the only one that understands my addiction. I loved how you ended this, preach PREACH IT! The last guy was trying to dissuade me of logoed brand name juiciness! obviously cheap and judgy. I love your video with the date purse and you're like, but he's still going to pay
Great video and I agree! When people talk about markup and they do not include the full costs of doing business, they are not showing the true mark up. Rent and maintenance of premium real estate for stores is part of the cost. Paying proper salaries for everyone along the chain, from brand ambassadors to craftsman to sales to back house accounting and so on is part of the cost. Acquiring customers is also expensive, and the reality is that customers will pay more because of investing in these expenses of glamorous celebrities, fancy stores and so on.
An informative video with a lot of thought provoking points - thanks for sharing!
HEY HIDUPZ !! I have been watching you for years and im so proud of where you have made it! I love you so much! Also thanks for making my day.
Great video! I, too, watch Tanner Leatherstein. You provide a great perspective on what else goes into the cost. However, there is no reason why any of these designer bags should have the quality issues that seem to abound. For the price mark up, someone in the production line should spend 10-15 minutes on each bag examining every detail to insure the high quality of the bag. In the last 18 months I've had to return 2 bags because stiching was unraveling and in another leather was not aligned properly and one side of bag was shorter than the other. The front of the bag had a lopsided appearance. (Which was not the design). Because of where I live, I have to use online services for many of my luxury purposes. So I can't examine the bag in store.
I’m late, great video & breakdown Cassie.
You introduced me to loving Jacquemus bag, I must say the price increase on the bags did shock me to the core. I wasn’t expecting it 🙃🤦🏾♀️
Love the video. Love the honesty. People should do what’s right for them. No one should be judging others based on what they believe is important just because it’s not in line with their beliefs.
I think, the mark ups and the price increases are worth it because it gives the consumer exactly what they want. A recognisable item that is not easy to get your hands on. Especially when the prestige of the item is a part of the charm. Stealth wealth is understandable when it comes to customers who are their own brand. Celebs and billionaire business people are their own claim to fame/success and are the personification of luxury items, whatever they wear you already know it’s expensive but you also want to know where it’s from. If the average Joe were to do the same they could elicit the same response but it’s not a guarantee. If you think about responses you get from your most beautiful bags it’s either “I like your bag” when it’s branded or “I like your bag, where did you get it from?” For the beautiful non logo/recognisable pieces. Either which way, as the wearer you choose the experience. As a minimalist myself while I am not an active participator in fashion BUT I am an avid consumer! I love looking at and reading about and watching videos about fashion and luxury fashion :) it’s like reading the news for me, I’m not a criminal but I am thoroughly entertained by what they are up to and love being updated and in the know :) I keep things simple with a twist, so rarely experience fatigue or boredom with my belongings and express my personality through my conversations using… my personality :) but my alter ego has an orgasm watching others play with and enjoy these things (please don’t read too deeply into that 😂) and if that’s not enough for you then yes, the price is worth it because without these prices the items loose their exclusivity and with it their prestige and wouldn’t be as entertaining even for someone like me.
Great video !
Exactly - beyond the actual leather are other costs (marketing etc ) that drive the equity of these brands .
We are buying into this brand equity ;)
I for one buy luxurious goods as a treat to myself - I enjoy the feeling of spoiling myself.
Ps: fragrances (which are about 80-90% water) are very high margin also as well as a number of other products .
Bottom line : buy what you enjoy ! You’re worth it ladies 😊
I could not agree more and love ur message.
At the end of the day, as long as ur not hurting anybody, we should all do what makes us happy AND not be judged for it!
I love (some) logos particularly Chanel ♥️ I have my eye on the shaded sequin mini flap bag - RRP in Australia $10 040 😢 it’s not going to happen sadly.
I wonder what was that pink YSL bag with the wavy bottom u showed here?
Also, are u going to share any wedding planning videos? 😍
Being a fellow logo-ho I am soooo keen to see what ur putting together!!
I got married last year and made sure I had some splashes of Chanel in the wedding - most notably my guests sat on white Chanel chairs - STUNNING ♥️
Maybe u should start a luxury wedding channel if u don’t want to wedding spam ppl who don’t want to be?!
This is my favorite video so far! Thank you so much. I am obsessed with handbags and *gtdupe* liked every one you shared today. I hope you do this again and I will always watch your videos! Support you!
I like a luxury fragrance, and will splurge on that as it is a bit more manageable with my budget. If I had the budget to buy a nice pretty handbag then yes I absolutely would 💕
Tanner's thrown the luxury girlies on a loop 😂🤭
Do you ever count up how much you’ve spent on your bags? Your collection is crazy impressive. Love your videos ❤
Nope - I don’t want to know 😂💖💖
Don't you need to know for insurance purposes?
@@literallyheather I itemise the most expensive pieces on my insurance and then ballpark the rest
Do you have to prove stuff like that to insurance or do they just take your word lol
@@lemmeborrowthttopthink you’d only need proof if you put in a claim
I’ve discovered his little videos just recently too. Very eye opening, especially the one on emotionally what does carrying luxury say about our emotionally needs. 😳😄
Excellent 👌🏻 vidéo 📼📼📼 of yours my Dear CassCass which makes us think 🤔 about what these luxury items do really mean for us, at the end of the day! 👍🏻👍🏻👍🏻
One of your best videos!! Love every word spoken! Keep being your fabulous self Cassie!❤
So good! Great mixture of dishing out the beans and economics 101 🙌🏿
I buy the bags for all the right reasons 😂😂😂😂🤣🤣🤣🙌🏿🙌🏿🙌🏿🙌🏿
Love this 💗💗😝
And basically it pleases me to no end to wear/carry these things. I am 💯 on your side of the show. And I am loving it!
Great video 😀 I am logo lover and really like your bag collection - quiet luxury is not for me anyway beige doesn’t suit me
Thank you! And you know I’m with you on loud luxury 😉💖
I wouldn't buy something if I feel the need to strongly vocalize my reason for purchasing it XD Good analysis but just look at the stock price and the 10k report... the money is simply going to the shareholders.
OMG I dm’d you this video. This is so cool. I knew you probably already saw the video but how cool that we are on the same wave length. This is awesome. ❤
Love this video - and i have been a big fan of Tanner Leatherstein's videos, I find them very interesting. The thing for me has always been what i like and what brings me joy - regardless of what other people say. All of my purses have names and personalities of who I want to be when i wear that purse. (Example i have a prada galleria tote that is named Olivia Pope after Scandal and is by "bad bitch" work purse). I think luxury is what you make it and at the end of the day, its my money and i will buy what i want.
Your best video…….thank you for saying what collectors have been thinking! 💚
Tanner talks about the cost of the bag
however there are many many other costs for the brand : Stores / staff / marketing +++ / packaging / etc etc etc
I had just found his channel about a week ago. Such a great channel 😉
The industry has spent a lot of time (and money) convincing people that things like materials and craftsmanship are what they are paying for. It's honestly impressive that some people still believe that to be true.