Things are worth what people are prepared to pay for them.
The internet world with Forum discussions is a little bit like "Vanity Fair". People will flaunt that they can afford an expensive Creed Aventus or a Nasomatto Afgano while poor students will ask, "give me advice for reasonable good smelling scents".
It is a parade.
The perfumers, hard-pressed with an unbelievable amount of competition, say, "I got expensive 'natural' ingredients, my hard work and ingenuity put into those bottles, therefore I must charge at least such and such."
Like the financial market, where money flows around the globe in constant movement, the perfumery market is similar. It is a market.
If you want it bad enough, you will pay for it, poor student or not. I have said before, if all the nonsense money spent on mediocre scents and erroneous blind buys were added up, the like amount would have bought a precious bottle of expensive niche perfumes.
There are no answers, only choices. (Stanislav Lem)
the whole niche bubble will implode in a couple of years, I guess (IMO)!!!
just say no...to overpricing!
p.s. I could buy a Bond this afternoon..!
Fragrances that cost a couple of hundred dollars is not that unaffortable for most people, the thing is whether they think they're worth it or not
It would be interesting to know the 'mark ups' involved?
Read in Deluxe something around 7 to 10 times (first mark-up 2.5 times, followed by 3 to 4 times that), but a bit fuzzy about that being to retailers or to consumers. That's pretty close to clothing, which can even get up to 12 times without looking at the high-end of branding. The cheaper something is to make, the less of a problem a high mark-up is for buyers, until a disruptive competitor comes in with a low price strategy. That risk doesn't seem very high in niche perfumery due to perceptions of value. Plenty of others do happen to enjoy frags from the drug store or big box retailer, so money is being made even if they don't capture the aficionados.
I would not spend over $150 for a frag..
I will only get a sample or decant of something that pricey
Last edited by jasonx; 8th November 2013 at 02:31 PM.
The way I see it today as of 2015, technically 2014 for another day, under the right circumstances I would be okay to pay more for certain fragrances. Some fragrances may warrant higher prices b/c of rarity or discontinued like Windsor and Vintage Tabarome. The very few fragrance houses that I do enjoy and am passionate about, to the point of collecting more than several bottles, I wouldn't mind paying more so as long as I feel comfortable wearing it in different occasions and won't offend others by wearing it. If I can justify it then that's all there's to it.
I believe a price between $150-200 covers most fragrances costs, 3.3oz, including some nice presentations.
Last edited by Beck; 31st December 2014 at 08:15 PM.
I really don't understand the economic logic behind the OP's original question.
How does one develop an opinion on how much something "should" cost? What is the point, when pricing strategies are deployed according to supply and demand?
The only point of such an undertaking, it seems to me, is to instead answer the question of "how much would some scents need to cost in order for us to feel as if we received value for our dollar?" The answer cannot be made generally, for every person and every fragrance.
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Why does a Lanvin jacket cost xxxxx and a Hermes wallet cost yyyyyy and a Roja perfume cost zzzzz, who really cares...
If people spent more time worried about there own little lives and not what others do, the world would be a much nicer place.....