Shoes, purses, glasses, bathing suits, jeans. I’ve often wondered why these particular items carry price tags beyond what it costs to manufacture them. And I mean waaaay beyond.
Take jeans for example. According to Money Talk News, the best selling jeans by True Religion costs only $50 to make. They are then sold to wholesalers for three times as much and by the time you’re trying them on in the store you’re looking at a whopping $335 price tag. Unbelievable.
The markup for eyewear is similarly in the stratosphere, often reaching 1000% or more for “designer” frames.
I was curious as to just how expensive these items can get for the average consumer. Here’s what I found:
1. Purses: I found a alligator Hermes hand bag on ebay (aren’t things supposed to be cheap on ebay?) with a price tag of–wait for it--$85,000. And it was preowned. The downpayment on my mortgage didn’t cost that much.
Not many women would be looking to buy a Hermes bag, so maybe that’s not fair. They may however, buy a Coach bag, which could still run them up to $300. The Coach hand bag below costs $300 Canadian on ebay and probably goes for alot more in stores.
2. Shoes. Easily my favourite purchase of all time. You never can have enough footwear, if you ask me. But at these prices? These little numbers by Jimmy Choo are listed on Ebay for $500. I think those little studs are silver, but still.
4. Glasses. The markup on eyeglass frames are downright criminal. Take these Versace frames, for example:
They retail for $245 dollars. Considering that they cost about 10 bucks to make, that’s quite the markup. However, I discovered something interesting: eyeglass frames cost much less ebay. These frames were $129, and I saw Michael Kors and Gucci frames for under $100.
3. Bathing Suits. My major beef in the galactically overpriced universe. Can you believe this knit bikini retails for over $500?
And to think I cough at paying 50 bucks for mine.