Think of it as a luxury item, says Rsner, competing against jewelry or champagne.
The product consigned must be in excellant shape, fashion forward, as well as a luxury item.
Can a company dependent on a revered luxury item boost its sales with a low-end product without alienating long-time customers?
Question: Can a company dependent on a revered luxury item boost its sales with a low-end product without alienating long-time customers?
How much of an impact can the addition of a low volume luxury item assist their bottom line in an appreciable way?
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"Investors quickly realized that IPOs were a luxury item" and that they didn't need to participate, says David Menlow , president of IPOfinancial.com.
The biggest driver for shark fishing has been the demand for shark fin soup, a product that is seen as a luxury item among Chinese communities.
In exchange, each individual presenting a luxury item would receive a piece of engraved silver plate (typically in the form of cups, bowls and spoons), which because it came from the queen herself, had a "value" far beyond its intrinsic worth.
The high prices Ho pays are inflated, as proceeds from these auctions generally benefit charities, but Bunyard is still not sure why the ultrarich flock to buy what he calls "a strong-smelling, black, dirty potato" over any other luxury item on the market.
Comparing the Chinese and Japanese economies historically, in my own lifetime a banana was seen as a luxury item in Tokyo as late as the early 1960s, and my Japanese relatives did not purchase cars until the late 1960s (when they were in their early 40s).
Well you won't find us standing in line to pick up such a luxury item, but we do have to give Lenovo credit for avoiding the obvious temptation to go with a traditional 15th anniversary theme, and unleashing a crystal-studded monstrosity that would make IBM execs cringe with horror and regret every time they saw one being flaunted by a colleague.
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Fewer farmers growing cocoa could also lead to higher prices in the longer term or threaten to make chocolate more of a luxury food item instead of an affordable snack.
The company is marketing the scarce item at low-key events for 30 to 50 luxury-car owners.
We searched for the vessel on the auction site--sure enough, item 4611149242 popped up, a "405' stunning new Frank Mulder Design Gigayacht" with a "luxury office area, salon, cinema room, fitness room, and two person cabins for children, personal assistant, or bodyguards".
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