Most people think that luxury goods are better
than other brands, but that’s not always true. Whether you’re looking to treat yourself to
something nice or are shopping for the perfect gift, here are some luxury brands that you
may want to avoid if you want to get something that’s actually worth the high price tag. Louis Vuitton Has there ever been a more iconic brand than
Louis Vuitton? With a high sticker price, these bags are
well-known as an indicator of wealth, but the markup on Louis Vuitton purses is ridiculous. In 2000, the New York Times calculated that
the production cost of a Louis Vuitton bag is hundreds of dollars cheaper than what they
sell for. A spokesperson for the company claimed this
estimate was inaccurate, but declined to reveal the real production costs. The same spokesperson said that part of what
you’re paying for is “…the product development that is involved
in its design…” –which is just a fancy way of saying that
you’re paying for the name behind the purse more than the purse itself. “How does an unemployed girl with three roommates
afford the patchwork denim bowly Louis Vuitton bag?” “It’s rented.” Montblanc While the art of writing things by hand is
quickly being displaced by modern technology, quality writing instruments still have a dedicated
band of followers who are willing to drop hundreds of dollars on a pen. Well, save the cash for something better. The high price tag of a Montblanc pen makes
this one luxury good that definitely isn’t worth your money. As long as you’re not a US president, a regular
pen will do just fine. “The ever-reliable, virtually indestructible
BIC, just twenty-nine cents. Does anyone know anything the way BIC knows
pens?” Veuve Clicquot Whether you’re ringing in the new year or
celebrating a wedding, a champagne toast is a classy way of commemorating the occasion. While it might be tempting to indulge in a
bottle of Veuve Clicquot, do you really need to? It turns out that you can safely save your
money without sacrificing quality. In a blind taste test conducted by Which?,
Veuve Clicquot lost to far more affordable sparkling wines. Cheers! “And that’s all she wrote!” Tiffany Tiffany is one of the most well-known brands
there is, but are you really getting what you pay for? If you really want the brand name, which many
people do, be aware that you’re going to be paying extra for it. If you’re just looking for beautiful jewelry,
however, consider a store like Costco that offers top-quality gems at much lower prices. Good Morning America went shopping at both
stores and found that a Costco diamond of a quality similar to one sold at Tiffany’s
was $10,000 cheaper. To be fair, though, you’ll never get much
value for your money with a diamond. Diamonds are nowhere near as rare as we have
been led to believe, and the prices are massively inflated. “And of course a big, perfect diamond is a
rare object. But, the typical diamonds, half a carat, one
carat diamonds, they’re available by the billions.” It turns out that diamonds actually aren’t
a girl’s best friend after all. Rolex Rolex is another prime example of an overhyped
brand. While the brand is beloved, its overwhelming
popularity as a status symbol is a fairly recent development. If you want an elegant and timeless watch,
look to Rolex’s prime competitor, Omega. Like Rolex, Omega has produced Swiss-made
watches for decades and is widely recognized as a luxury watch brand. They also tend to be cheaper, so you’ll be
getting a much better bargain. Louboutin Louboutin sells more than half a million pairs
of shoes each year at outrageously high prices. Those red-soled shoes might be iconic, but
they’re definitely not worth the cost—or the pain. Christian Louboutin himself said that his
goal is to make stylish works of art and that comfort isn’t even something he prioritizes
when designing his shoes. The designer told Vogue, “People say I am the king of painful shoes. I don’t want to create painful shoes, but
it is not my job to create something comfortable. I try to make high heels as comfortable as
they can be, but my priority is design, beauty and sexiness. I’m not against them, but comfort is not my
focus.” Basically, the only way that a pair of Louboutins
is worth hundreds of dollars is if you believe the mantra that pain is beauty. Mikimoto If you love pearls, you’re probably familiar
with this brand. Widely acknowledged as the best cultured pearls
that money can buy, even a simple strand of Mikimoto pearls can cost thousands of dollars. At the end of the day, though, they’re only
cultured pearls–which means they’re nowhere near as rare as pearls that are grown naturally
and harvested. In fact, there’s really not much of a reason
to dish out the big bucks on pearls at all; most people can’t tell the difference between
real and fake pearls, anyway. If you’re looking for that perfect strand
to complete an outfit, go ahead and buy some imitation pearls. Balenciaga Balenciaga is a designer that likes to take
everyday products, throw their spin on them, and then sell them at ludicrous prices. In 2017 they debuted a $2,145 tote bag that
looks suspiciously like the ones Ikea sells for just a dollar. If you don’t want to spend that much money
on a tote bag, Balenciaga has you covered with this calfskin shopping bag–which looks
identical to a paper shopping bag. At just $1,100 you’re getting a bargain as
far as Balenciaga is concerned, but still paying way too much money as far as literally
all of humanity is concerned. Thanks for watching! Click the List icon to subscribe to our YouTube
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