A lot of people are obsessed with brands. This is trued regardless of what league you are in – whether you are rich or an average person. There are two reasons people care about brands – it could be that they want something to flaunt to their friends every time they meet. A lot of people has a habit of wanting to fit in with their peers. There are also times when people want to impress their enemies. The other reason people obsess over expensive brands is that of the quality. Of course, there are so many cheap and affordable things you can find online or even at the nearest mall, but just because these things are seemingly cheap, doesn’t mean that they really are.
What do I mean by that? Many people are sometimes attracted to an item if the price is cheap. However, you might be surprised that in just a couple of days, the product wouldn’t be in its best shape anymore. When that happens, you will be forced to buy a new item. In this sense, buying cheap items is a lot more costly compared to buying expensive brands.
That’s the keyword here- expensive brands. If you think about it, almost every product you see on the market has brands. But the types of brands differ. There are good and bad brands. Of course, you don’t have to be rich in order to buy a product under a good brand. But if you really think about it, you’ll realize that even the best brands that we buy aren’t as close to the expensive brands that rich people obsess over.
You may think that the brand that you are using is good enough, but if you get a taste of some of the most expensive brands on the market, I know for sure that you are definitely going to be shaken. Here are some of the best expensive brands that I am talking about.
Coach – Brand Value: $3.2 Billion
This brand specialized in leather products. It has been here for quite some time now. You will find loads of branches all over Canada and the United States.
It is not quite as expensive as the other brands you will find in our list because a product of this brand usually costs around $500. For some people, that is just the average price you can expend if you want to purchase really good products.
But mind you, Coach is already making its way towards the luxurious market. What does that mean? It means you better start collecting all the Coach products you can find because the moment the prices of these kinds of items go up, it is going to be pretty difficult for you to purchase them unless you are willing to expend more money on these products.
What’s more is that when this type of products goes up, you can leverage your bought items and sell them at a higher price.
Cartier – Brand Value: $6.3 Billion
It’s true that jewelry is a woman’s best friend. With that, you shouldn’t be surprised that a lot of women, rich or otherwise, would be more than willing to give up their cash in exchange for luxurious jewelry or watches.
Cartier happens to be one of the most popular and powerful brands in the world. The company has been here for a while as well. Its stay in the industry was enough for it to establish the company. Right now, there are already about 200 Cartier stores worldwide.
Chanel – Brand Value: $7 Billion
This is one brand that almost everyone is familiar with. I can truly say that this is among my favorite brands. The Chanel brand started way back in 1901 when it was founded by Coco Chanel. Right now, the owner of this company is already Alain and Gerard Wertheimer. These two so happens to be grandsons of the original founder which is Coco Chanel.
The main office of Chanel can be found in Paris, but there are loads of outlet stores all over the world. Chanel is considered one of the most powerful and well-known luxury brands in the world.
The company sells bags, but perhaps the most popular products are perfumes because of the attractive and strong smell. What can I say? Lots of people like to stand out when it comes to how they smell. There are loads of cheaper perfumes on the market, but the smell often fades in an hour or two. Chanel is one of the few brands that offer perfumes that can last for an entire day or more.
Rolex – Brand Value: $7.9 Billion
These days we already have clocks on our phones, but that doesn’t stop people from wanting to wear watches.
Wherever you are headed, whether it is at the office or at the mall, there is no way you are going to leave the house without a watch.
With that, there are no blaming people for their fetish inexpensive brands of watches as well. One of the most expensive and well-known watch brands is the Rolex.
But don’t ever think that the only reason people buy these types of watches due to the well-known brand. This brand is expensive, yes, but there is a reason these watches are priced as such. These watches are also made with such high-quality materials that when you purchase one, the watch will probably still be alive for the rest of your living hours. A lot of people who buys Rolex watches don’t plan on replacing their current watch because this type of watch is of high quality.
Prada – Brand Value: $9.4 Billion
Prada sells different kinds of fashion items, but the one thing that they are most famous for is their bag products.
Their bags are made of pure leather, which is why women love these types of bags. These kinds of bags are not only attractive and elegant, they also happen to be made out of the best materials. In retrospect, you can expect nothing but absolute high quality.