Thread Content
What is a brand name? Adding a 0 after the cost price makes it a branded product. Those with two zeros added to the cost price are called luxury goods. Just add as many zeros as you like after the cost price, and that’s called a cultural relic!
In 1988, the tailor at a large department store made a suit for me; the cost of all the fabric was 260 yuan, while the labor cost was 200 yuan. As a result, when I got the clothes a year later, I couldn’t wear them because they were a bit too small. It could only be sold at the wardrobe counters in shopping malls, priced at 500 yuan, but it remained unsold after being on display for two months. The salesperson re-priced it at 5,000 yuan and sold it the next day.
This is the attitude of buying only the expensive ones rather than the right ones
At that time, fabric at 120 yuan per meter was already very expensive. Working for two days earns 200 yuan, which is already quite high. To make such a suit these days, the cost is estimated to be around 1,500 yuan.
Even cheap suits these days cost several hundred, right?
Well, such suit fabrics cost around ten yuan per meter and are produced on assembly lines.
Labor costs are too high these days; there’s nothing we can do
For a custom-made suit, the fabric costs 50 yuan per meter; for 2.2 meters, that amounts to 110 yuan. The accessories cost 40 yuan, and the labor cost is 1000 yuan. In total, it comes to 1150 yuan. Entering the mall, calculated at a gross profit of 300%, it amounts to 4,600 yuan. Such suits are simply junk.
Money adds up a lot to mall rent, right?