Submitted by Master_Jee t3_10pxom8 in Showerthoughts
Comments
[deleted] t1_j6mowa1 wrote
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[deleted] t1_j6mp0jo wrote
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calmforgivingsilk t1_j6mtr51 wrote
Before Payless Shoes went out of business they opened a fake “Paylesi “ and “sold” their $12 shoes as luxury products for a commercial. And people fell for it.
Look for fit or quality or durability in products. Don’t fall for luxury branding alone
[deleted] t1_j6mwi3y wrote
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aaronwcampbell t1_j6n6ilh wrote
I'm having a hard time picturing how Crocs could ever be made to look luxury. But people still seem happy to pay $30-50 for the things despite them obviously being about 8¢ in injection-molded, recycled foam rubber, so clearly I'm missing something.
Master_Jee OP t1_j6nm4pj wrote
Picture them being sold as a limited edition collection in a varnished mahogany box with the gold engraving no. 20/55.
Price tag $5k
Guarantee you those limited edition crocs sell out.
MuckRaker83 t1_j6notvf wrote
This is the entire Grey Goose business model. It's been spectacularly successful.
MuckRaker83 t1_j6nq7jy wrote
When I worked for now nearly defunct big box mall store famous for its catalog in shipping and receiving, I had an inventory control device that allowed me to see both the wholesale price that the store paid for items along with the retail price that they were sold for. Markups are obscene.
My favorites were the sunglasses. The generic ones cost the store about a dollar each and sold for $20-40. They were shipped in the same box, from the same factory, as the fancy designer ones "made" by vacuous reality TV women. They were almost indistinguishable except for the logos. They cost the store $2-5 and sold for $80-300. It boggled my mind.
Also, no matter how crazy on sale something is, it's never less than the store paid.
RonSwansonsOldMan t1_j6nsun5 wrote
Also any product can be made to look plain so that you think you're getting a real bargain.
aaronwcampbell t1_j6opo8b wrote
Oh you're absolutely right, but that mental image is still absurd. Anyone who thinks that Crocs are luxury is fooling themselves, and a fool and their money are soon parted.
Epyx-2600 t1_j6p91qa wrote
Yeezy made those ugly plastic croc looking shoes that sold as lux items
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