QUOTE(Garysydney @ Feb 16 2021, 04:50 AM)
Yes - the bag has got to be in mint condition to fetch a good price.
If you have to go through someone else to sell it, you will have to pay an agent's fee (usually at least 25-40%). A lot of shops will take your bag and place ii under consignment which means you only get paid when they manage to find a buyer. Some bags can be under consignment for a few years until the seller decides not to sell anymore because they are already fed up by then!! So this hype about bags being sold for 30-50% more than their original price is all a myth. Chanel, Birkin and LV uses these kinds of hype to entice their buyers - i must say it is a very good marketing strategy!!
I tried explaining it to my wife but she counters me by comparing this with men buying cars (and in the process lose even more money). She is trying to justify women are much more wiser than men as women loses less on handbags than men (as men tends to waste money on cars!).
How to argue like this
?
I did a study on this issue. I found that much of the hype on these bags selling for more than their new price tend to have 1 thing in common. The previous owner was a well known celebrity. Anyone else's bag? You can ask but most likely you would not receive. If you have to go through someone else to sell it, you will have to pay an agent's fee (usually at least 25-40%). A lot of shops will take your bag and place ii under consignment which means you only get paid when they manage to find a buyer. Some bags can be under consignment for a few years until the seller decides not to sell anymore because they are already fed up by then!! So this hype about bags being sold for 30-50% more than their original price is all a myth. Chanel, Birkin and LV uses these kinds of hype to entice their buyers - i must say it is a very good marketing strategy!!
I tried explaining it to my wife but she counters me by comparing this with men buying cars (and in the process lose even more money). She is trying to justify women are much more wiser than men as women loses less on handbags than men (as men tends to waste money on cars!).
How to argue like this
Cars? Well it depends on what type of cars.
Feb 16 2021, 05:15 AM

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