12 Jun '18, 6pm

Real Talk with Amanda: Can Designers Chill Out with the $3,000 Handbags, Please?

At a certain price level, shoppers — even those with plenty of money — are going to wonder if they’re getting the level of history, status and prestige from a particular bag that they could be getting if they spent just a little more elsewhere. After all, let’s be real; there are a lot of opportunities to buy a perfectly nice satchel or saddle bag, so brand perception matters in these decisions. And once shoppers start thinking the value might not be there, brands have already lost them — a $2,000 bag isn’t a good value, exactly, but it can feel like that when it’s well-designed and well-made, but still significantly less expensive than the market’s most luxurious players. It makes a lot of buyers feel a little better about splurging to know that what they’ve bought is priced fairly, even just within the context of the top-tier luxury market. If the price part of the equat...

Full article: https://www.purseblog.com/real-talk/handbag-prices-out-of...

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