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BBCNEWS Talking Business June 4, 2024 01:48:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 01:48:00

About certain products that would resell higher than the original purchase point? yeah. i mean, if you think about a birkin bag, it's probably selling at two times the original purchase. two times the price? two times, four times, because, you know, the luxury industry has constrained as business model and made itself as attractive as it is because they want to reduce the availability of the products. so, if you want to buy a birkin bag today and you go to hermes, they probably tell you to come back two years later to get it. you need to build a relationship with them over time. same with the ...

BBCNEWS Talking Business June 4, 2024 01:49:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 01:49:00

Almost impossible to get in the stores. 158,000 euros it was sold for. would you have known the original purchase price? i'm not 100% sure, but i would expect it to be about 15,000 to 20,000 euros. 15,000-20,000 to buy, and they sold it for 158,000? it's a pretty good investment. that's a heck of an investment! considering most other investments at the moment, yes. before i move on, can you give me any other examples of what you've seen consumers make money on — buying — buying on your site? i think you have incredibly savvy micro—entrepreneurs who buy and sell on vestiaire in some sort ...

BBCNEWS Talking Business June 4, 2024 02:50:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 02:50:00

Expect it to be about 15,000 to 20,000 euros. 15,000-20,000 to buy, and they sold it for 158,000? it's a pretty good investment. that's a heck of an investment, considering most other investments at the moment! yes. before i move on, can you give me any other examples of what you've seen consumers make money on by buying buying on your site? i think you have incredibly savvy micro—entrepreneurs who buy and sell on vestiaire in some sort of ways using global arbitrage. you think about the us — historically, luxury goods are 20% more expensive than in europe. that's always been the case. but...

BBCNEWS Talking Business June 4, 2024 02:49:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 02:49:00

About a birkin bag, it's probably selling at two times the original purchase. two times the price? two times, four times, because, you know, the luxury industry has constrained as business model and made itself as attractive as it is because they want to reduce the availability of the products. so, if you want to buy a birkin bag today and you go to hermes, they probably tell you to come back two years later to get it. you need to build a relationship with them over time. same with the most famous and exclusive watch brands. and if you think about vestiaire, you can go and buy these products t...

BBCNEWS Talking Business June 4, 2024 15:50:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 15:50:00

Would you have known the original purchase price? i'm not 100% sure, but i would expect it to be about 15000 to 20000 euros to buy, and they sold it for 158,000. it's a pretty good investment. that's a heck of an investment, considering most other investments at the moment. yes. before i move on, can you give me any other examples of what you've seen consumers make money on by buying buying on your site? i think you have incredibly savvy micro—entrepreneurs who buy and sell on vestiaire in some sort of ways using global arbitrage. ou think about the us, historically, luxury goods are 20% mor...