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My debit card...
Nfc I dont believe reception has any play in it. I've been places with no reception and my phone still worked on vending machines.What happens when you have bad reception?
The thing is can the y find people dumb enough to pay 5,000 for it... That's where hermes got them beat... Larger naive consumer base
did you compare the price of a burger at $5 compared to the price of a wallet that cost $5000?... I can bet you that the process doesn't take $4000 to make the wallet in order to sell for $5000... This is what you forget McDonald's spend over a billion dollars in promotion each yr... They have 10,000s of stores worldwide... They also sublease to independent owners and they also have 10,000s of workers... Than there is product, etc... At the end of the day the big Mac is only $5... Does Hermes have all of those things? Big Mac $5 with all that stuff wallet $5000... Hermes d oes more to charge 1000 times the big Mac you say? Worst comparison ever... Make a big Mac at home it cost less than $5 but is the mark up crazy compared to the $70 wallet that is $5000That wallet really isn't 70 to make. It might be 70 dollars worth of material.
They DID NOT buy the same materials used by Hermes nor do they factor in all the people that get paid making a Hermes wallet.
If people want cheap products they have to do to CHINA including food. Cause in America, Italy, France, UK people want to get PAID.
That is why McDonalds raised their price over the years. How much does it cost to make a Big Mac?
No one talks about that shit. No one needs to eat a Big Mac for food but people are dumb enough to buy a Big Mac for $5.00.
NFC does not require internet from your device, the cash register will run the transaction once it reads your nfc id.Nfc I dont believe reception has any play in it. I've been places with no reception and my phone still worked on vending machines.
Insert your favorite rappers name ____________OK now tell me what braniac is crazy enough to spend $5 grand on a wallet? In fact I don't know anyone that'll pay $70.
Maybe $20 and put that $50 in the wallet.
Nah white people.. In particular cacs that like to shop on 5th ave.. Cacs that will buy a donut that cost $30 dollars... These stores were never made with us in mind..Always for cacs... It juss so happens a few black people ran into money and got cac taste and like to splurge on cac fashionInsert your favorite rappers name ____________
I got a supreme Louis Vuitton wallet for Christmas...you don't even want to know the got dam price..brah
I got the Louis Vuitton multiple wallet and belt as a bday gift years ago from an girl I use to fuck with from Fresno.
Shits worn and the binding is coming off a little but the shits holding up well after 12 years. I should’ve taken to get it repaired but the cost was too high. She dropped 1100 to buy them both.
Nah white people.. In particular cacs that like to shop on 5th ave.. Cacs that will buy a donut that cost $30 dollars... These stores were never made with us in mind..Always for cacs... It juss so happens a few black people ran into money and got cac taste and like to splurge on cac fashion
That wallet really isn't 70 to make. It might be 70 dollars worth of material.
They DID NOT buy the same materials used by Hermes nor do they factor in all the people that get paid making a Hermes wallet.
If people want cheap products they have to do to CHINA including food. Cause in America, Italy, France, UK people want to get PAID.
That is why McDonalds raised their price over the years. How much does it cost to make a Big Mac?
No one talks about that shit. No one needs to eat a Big Mac for food but people are dumb enough to buy a Big Mac for $5.00.
Shit we need to be going back to that
shoe boxes, mattress etc....
this cashless society have got me to many times
I get cash...all twenty dollar bills...I will never be cashless..brah
did you compare the price of a burger at $5 compared to the price of a wallet that cost $5000?... I can bet you that the process doesn't take $4000 to make the wallet in order to sell for $5000... This is what you forget McDonald's spend over a billion dollars in promotion each yr... They have 10,000s of stores worldwide... They also sublease to independent owners and they also have 10,000s of workers... Than there is product, etc... At the end of the day the big Mac is only $5... Does Hermes have all of those things? Big Mac $5 with all that stuff wallet $5000... Hermes d oes more to charge 1000 times the big Mac you say? Worst comparison ever... Make a big Mac at home it cost less than $5 but is the mark up crazy compared to the $70 wallet that is $5000
I'm gonna keep it real and have to say false for most.. Why cause majority existed decades b4 "we" knew about it and after we stop fucking with it most still exist after... Hilfiger was big in the "90s" in our community than a lot of us stopped fucking with it fast forward 2 decades later still here and now "we" like it again... You can think of a lot of brands that have similar runs...it's why 1 of the most overrated statements is about our spending habits and how keeping a large percentage of white companies here when in reality you can break down many of them and see how they all have the "Hilfiger" run in our communityNever were made for us...but dam sho stay in business because of us..brah
you couldn't even make a burger for 50 cent so how could a chain do it? Also being that you can make a burger it's existence is nearly useless if consumers were less lazy... Bizz is about profit..that burger flip isn't as high as that wallet flipOk. You have a bit of a point. $5 dollars is more affordable. I get it.
However the mark up is the same. Billions of burgers made means that cost to buy a burger is pennies.
They have marketing... so does Hermes they promote as well and their costs are HIGHER per unit that McDonalds.
McDonalds is way bigger that Hermes so they get a better discount buying things in bulk.
My point is a burger should cost $0.50 definitely not no $5 but no one complains.
You getting robbed more with Mcdonalds. Cause anyone can make a burger.
You aint making that wallet though.
all workers usually get shorthand of stick.. You can prob train a Mexican to do the same thing the videomaker did and give him 10-15 an hr an he's happy.this is how bizz work... Lot of them lowball everybody to make the most profitThat’s silly. Maybe it cost $70 in materials. But try and get someone with those materials to create the wallet for you. It would probably cost you $1,000.
and even then, the Hermès oe still looks better
I'm gonna keep it real and have to say false for most.. Why cause majority existed decades b4 "we" knew about it and after we stop fucking with it most still exist after... Hilfiger was big in the "90s" in our community than a lot of us stopped fucking with it fast forward 2 decades later still here and now "we" like it again... You can think of a lot of brands that have similar runs...it's why 1 of the most overrated statements is about our spending habits and how keeping a large percentage of white companies here when in reality you can break down many of them and see how they all have the "Hilfiger" run in our community
you couldn't even make a burger for 50 cent so how could a chain do it? Also being that you can make a burger it's existence is nearly useless if consumers were less lazy... Bizz is about profit..that burger flip isn't as high as that wallet flip
that the Shi t they put out to insult our intelligence.. How are we the number 1 consumers when we not the number 1 breadwinners? As I tell everybody parts of Manhattan would literally collapse if they only depended on the black dollar.. Kiss the diamond district goodbye, kiss 5th ave goodbye, kiss all the hotels goodbye, kiss majority of real estate and bizz owners goodbye.. Lower Manhattan would become a desert... Lower Manhattan represents majority of cac economics and prosperity in America as awhole.. Think about it all over the United States there are areas where more than 80 percent of the population is white.. If they juss left the town would collapse cause who would be there to pay for anything? Don't let that number 1 consumers lie fool you... We don't buy the most bentleys, benz, beamer, Toyota, etc others do.. If they relied on us they would've been filed bankruptcies.. This is fact... That goes for more than 90 percent of products invented... Black people seem to be the only people not to understand when creating products or services you might want to target others if it's something everybody can use... You'll make more money selling soul food downtown than uptown... Why cause cacs don't know how to cook, you can charge them double the price may be more, and that product is something cacs ain't use toBrah...we are the number 1..consumer on the planet...we keeping somebody open..long past they prime..
there's a lot of wallets that cost less than 100 bucks there's a lot of wallets that cost 20 bucks so you can charge less than 5000 for 1... Don't act like 5000 is the only price they could come up with... You guys trying to make the place way more significant cause it's suppose to be "high end" ... That term high end is like the term gourmet... Both literally mean nothing but if you say it you can charge an arm and a leg for it... must I post the payless vid where they made a fake high end store and literally were selling 5-30 dollar shoes for hundreds to thousands of dollars and morons were buying it cause they heard high end... Payless showed the most obvious thing that went over people head and that most humans are gullable and price tag whores and if you create a fictional situation people will buy into it... If you think these high end stores aren't selling some cheap ass products with a crazy markup you as gullible as the people buying payless shoes for 800Mcdonalds makes billions of dollars. That amount of money gives them more leverage and they pay way less for shit.
Their burgers cost them less than 50 cents bro. They charge you 5 dollars.
How much money you think Soda and Coffee cost for them to make?
You know how much money it cost to skin and tan leather for a smaller company like Hermes?
You just said biz is about profit. So what you think Hermes is doing?
My point is Hermes profit margin and McDonalds profit margin aint do far off.
When you really think about it. You agree with me 100%
People just mad cause they can't afford Hermes both companies got to make profit.
Hermes is NOT as big as Mcdonalds so their shit is gonna cost more.
Insert your favorite rappers name ____________
there's a lot of wallets that cost less than 100 bucks there's a lot of wallets that cost 20 bucks so you can charge less than 5000 for 1... Don't act like 5000 is the only price they could come up with... You guys trying to make the place way more significant cause it's suppose to be "high end" ... That term high end is like the term gourmet... Both literally mean nothing but if you say it you can charge an arm and a leg for it... must I post the payless vid where they made a fake high end store and literally were selling 5-30 dollar shoes for hundreds to thousands of dollars and morons were buying it cause they heard high end... Payless showed the most obvious thing that went over people head and that most humans are gullable and price tag whores and if you create a fictional situation people will buy into it... If you think these high end stores aren't selling some cheap ass products with a crazy markup you as gullible as the people buying payless shoes for 800
don't say luxury s hit say some items that cost a lot cost money to be made... That luxury word is an overly used term also... I'm aware some items aren't cheap to make.. I'm aware some items are handcrafted.. Hell That s why I posted the vid.. But the markup is not based on value it is based on what they can get out of people... Even in the vid I posted they clearly talked about status symbol and how you can resell to higher bidders...if I buy a bag for 10gs and kind find somebody to buy it off me for 30,000 they obviously overpaid for it... Which goes back to the original comment earlier Hermes has a consumer base that is gullible enough to buy that item... If you selling something for 5,000 and somebody is willing to pay 15,000 for it you obviously have a consumer base that are gullible uhh I mean spend friendly.. You gonna argue that my initial statement was true soonBro. You missing my point.
The markup is the SAME!!!!!!!
It costs way more money than you think to make luxury items.
I work in the industry. Do you know how much it costs to create a die mold?
That is the logo plate used for "Hermes". You know how small that logo is and to print it in gold or silver foil and still be clear?
It aint done by machine. It is done by hand and the man who makes it is a master craftsman. He makes 500k+ a year.
He aint doing that shit for pennies. The tanneries, the fabric mills. These places are all in 1st world countries that charge MAD money.
Hermes isn't Nike and they dont make their shit in Asia. They have low MOQs. Some styles might be 20 units.
It is harder to make 20 perfect units by hand that it is to make 20,000 average units by machines.
If it aint made in China it AINT cheap like that. Shit even China is raising their prices.
You go to Hermes and compare one of their shoes to Payless.
Shit go to Hermes and compare on of their shoes to Gucci.
Bad example. Luxury shit is not cheaply made. It just aint.
original statementThe thing is can the y find people dumb enough to pay 5,000 for it... That's where hermes got them beat... Larger naive consumer base
Not made for us.. Created for fake perception and status symbol... "Status symbol" aka I need my ego stroke so a genius created a materialistic representation to dig in my pockets to make me feel that I'm above others
my thoughts? Well big bizz would completely collapse if the world used my thoughts... Don't care for a lot of superficial shit.. Dislike companies that purposely create defective products than sell to consumers... Dislike companies that create shitty products and sell to masses.. Dislike greed... Old school mentality was to put out a great product for consumers to enjoy and get rewarded for your services.. It was a win win for both parties.. Now a days these bizz have no integrity so I'm pretty much fuck them all type state of mind been like that since millennium..maybe even longerWhat are your thoughts on cars then. Bugatti? Those cars are not easy to make.
Personally. I can rock with a Honda those are good cars.
Honda is cheaper because it makes more cars but the mark up is probably they same as Bugatti's mark up.
Bugatti makes what 20 models per car a year?
Yes.
Apple Pay, google pay.
Also, I keep my ID and debit card in my pocket and my driver’s license never leaves my car.