The truth behind “money makes money”
There may never have been a story about branded items going up in price, investing in branded items, buying branded items for a profit… has become a recent hit. The reason is also because some brands like Chanel, Herms… announced price increases, causing many people to “calculate” and find that investing in some branded goods, the price will only go up, not go down like this. … many words.
Newly used, sold and still profitable – is it so easy to invest in branded goods?
However, many famous faces such as Miss Huong Giang, The female giant from District 7 Doan Di Bang or Ca nun Kieu Anh, Ngoc Thanh Tam – daughter of the Chairman of the Board of Directors of Hai Vuong Group … also shared about the bag. signal and then the price of the watch “dizzy”. Fog like Di Bang bought Patek Philippe watches for 6.1 billion, 3 months later saw the price up to 9.4 billion; or the black Hermès Kelly mini bag, priced at 1.7 billion, recently increased to over one hundred million in just 3 days.
Ngoc Thanh Tam was also “shocked” when he recently learned that the price of the extremely rare pink, leather and color Hermès bag used to cost $16,000, but now it’s up to … $ 33,000, that’s double. Miss Huong Giang or Ca Nuong Kieu Anh, before the storm of Chanel’s price hike, also admitted that buying a bag now is no different from investing.
Hundred million pocket Di Bang after 3 days
“Luck” Ngoc Thanh Tam
Listening to it, you might think buying a branded bag, then waiting a while to sell it for a profit would be… delicious. But there is no such thing as “money makes money”, moreover the initial capital spent is not as small as branded goods.
But investing in luxury also comes with risks, even more risks. This form is not at all suitable for those with small capital or “wet feet and dry feet” who bring money to buy branded goods in the hope of making a profit. Depending on cultural influences, popularity and brand image, branded goods can go up or down in price without you even realizing it. Going up is fun, sure, but when it’s down… who’s crying over you?
Investing in a brand is not easy!
And most importantly, knowledge is not something to be taken lightly, no matter what field you invest in. With branded goods, you also need to have the knowledge and research to find out if a new item can be a hit, sought after and price increase in the future. Preservation and care of branded goods is not easy when maintenance and “spa” costs are not cheap. It is also a factor that determines whether your item is profitable or not.
A solid understanding of investment principles, product information and new markets is essential to being able to make real profits from luxury goods. If not, choose another form of investment with less risk.
Photo: Synthesis
Law and readers
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
