added by sari · updated 2y ago
The Mystery of the $2,000 Ikea Shopping Bag
- These goods are the least expensive way to gain temporary entry to a particular consumer class—for example, Gucci belts cost $450, while one of the brand’s bags could easily set you back $3,500.
from It’s All So … Premiocre by Amanda Mull
sari added
- Given that everyone can now buy designer handbags and new cars, the rich have taken to using much more tacit signifiers of their social position.
from The new, subtle ways the rich signal their wealth by bbc
Danielle Vermeer and added
- This paper, for instance, found three common “inner benefits” shoppers experience when buying counterfeit luxury goods: “First, being efficient by optimizing their resources; second, having fun by experiencing adventure, enjoyment, and risk; and third, fooling others expecting not to be caught.” But, the authors add, “most important, through ... See more
from Why Do People Spend So Much on Fake Stuff? by Racked
Danielle Vermeer added