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Now we know how much it costs to make a $2,800 Dior bag
(www.businessinsider.com)
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this post was submitted on 03 Jul 2024
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But as with all products production cost is not really saying that much
How much money did the design process take as they surely have some extremely high-paid people doing that? If you then include their deliberate small number of produced goods in order to stay exclusive that design cost is distributed across only a couple of thousand bags. Also what about the designs that didn't become bags at all?
I'm not saying it's worth that price at all as their main drawing point is marketing but just looking at the production cost is a very short-sighted view and a very populist framing, too.
There's a reason why actually rich people don't walk around with the stuff those luxury brands sell in their stores - it's just peacocking to show how much money you can afford to waste and nothing else
Its like that old example of "A graphic designer has a meeting with a CEO to design a new company logo, in 2 hours they are finished and the designer gives the CEO a bill for $4000. The CEO explodes "I'm not paying $4000 for 2 hours work" the designer responds "You arent, your paying for the decade of experience that allows me to do it in 2 hours."
my favorite is the factory analogy. giant machine the size of a football field breaks, will not run. they call in the engineering expert who spends 2 hours eyeballing the machine, when he takes out a tiny screwdriver and turns a single screw counterclockwise 1 turn. the machine bursts to life.
he hands the factory owner a bill for 10,000$.
the factory owner says 'thats preposterous, im not paying that for one turn of a screw'
the engineer scribbles on the paper;
tuning screw 1.00$ knowing which screw to turn 9,999.00$
I'd heard this as a plumber who knocked a pipe with a spanner.