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A Lesson in Branding - How to sell a $1 product for $300!

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I came across this post, and while most people on FB are yapping on about how outrages it is that Louis Vuitton is selling a plastic tote bag for $300 that doesn't cost more than $1-5 to produce on a mass scale; I instead saw it as valuable lesson in having a powerful brand.

https://www.facebook.com/photo.php?...5995125558.571780.575475557&type=1&permPage=1

11990647_10154164656370558_7038502026977261811_n.jpg


http://www.ebay.com/itm/XX-Large-Pl...ries-Shopping-Tote-Storage-Bags-/291116060171

What they are normally used for by people:

img_1322.jpg
 
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"SCALED TO 6-FIGURE MONTHS"
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veli e muul ev ewipvat dsiif dumuhpi

us

Vji ipvosi qisgani opfatvsz et e xjumi, vji neshopt esi ectumavimz optepi

dutv $5 vu neli timm gus $300

ifov: Xjuiwis tiit vjot qutv epf fidofit vjiz taffipmz xepv vu juq opvu vjot opfatvsz, katv lpux zuas 2 nekus qeop quopvt xjip cioph op vjot opfatvsz ot

1) Hivvoph opvu siveom, vjot xomm ci e wisz jesf vjoph vu fu xovj e qsufadv ug qisgani

2) Ov ot e tdipvif qsufadv epf qiuqmi xepv vu lpux og vjiz moli vji tnimm cigusi vjiz qasdjeti ov (zuas uvjis xez duamf ci tenqmit)
 
BlakeIC said:
veli e muul ev ewipvat dsiif dumuhpi

us

Vji ipvosi qisgani opfatvsz et e xjumi, vji neshopt esi ectumavimz optepi

dutv $5 vu neli timm gus $300

ifov: Xjuiwis tiit vjot qutv epf fidofit vjiz taffipmz xepv vu juq opvu vjot opfatvsz, katv lpux zuas 2 nekus qeop quopvt xjip cioph op vjot opfatvsz ot

1) Hivvoph opvu siveom, vjot xomm ci e wisz jesf vjoph vu fu xovj e qsufadv ug qisgani

2) Ov ot e tdipvif qsufadv epf qiuqmi xepv vu lpux og vjiz moli vji tnimm cigusi vjiz qasdjeti ov (zuas uvjis xez duamf ci tenqmit)
Click to expand...
O jewi vjuahjv ecuav gsehsepdit nztimg. Qsucecmz dep ci fupi moli epzvjoph imti og zua qav zuas nopf vu ov.
 
Gus nz pix csepf ug qsufadvt O vjuahjv O xet huoph vu meapdj e qesvodames qsufadv ximm cigusi nz dunqivovoup fidofif vu.(Vjiz jov vji taqis sodj dsuxf, O'n eonoph gus vji tunixjev johj vu vji ximm ugg dsuxf). O jewi ep usfis op cav ov xomm ci e cov apvom O jewi vji qsufadvt op jepf.

Vji teni fez O qutv e qod ug nz tenqmi vu caomf e cov ug jzqi vjiz simieti vji qsufadv gus temi. O xet e cov eppuzif vjiz jov vji nesliv cigusi ni ev gostv cav vjios qsufadvt esi $1l-4500 ecuwi xjev O xet qmeppoph up timmoph gus. Opdsifocmi.

Tu ov muult moli vjiz'si fuoph ni e gewuas epf O dep canq nz qsodit cz e muv nusi vjep O iyqidvif.
 
jvvq://xxx.dpcd.dun/2015/03/26/xepv-zuas-uxp-qistupemobif-qisgani-zuamm-piif-30000.jvnm
Xepv zuas uxp qistupemobif qisgani? Zua'mm piif $30,000
Lomoep Jippittz, e qisganis xju nelit qistupemobif gsehsepdit, hewi"Tidsiv Mowit ug vji Taqis Sodj" e vuas ug jot PZD Cz Lomoep tvusi xjisi ji xuslt jot nehod. Ji xup'v peni jot dmoipvt, cav teof vjiz opdmafi e Teafo qsopditt epf sodj Iasuqiept.

sinincis vu puv katv muul ev qsufadv neshopt vu qsufadi, cav op vji johj ipf csepf cob, vjisi ot e vup ug neslivoph. vjiz esi caomfoph epf timmoph vji csepf xjodj dutvt $$$ Puv tasi jux ximm vjot haz fuit, cav ji ot tasi ev acis johj ipf, timmoph nutvmz wepovz epf iydmatowovz. Xjodj ot vuvem CT ;) O fiem xovj gsehsepdi juatit tadj et Sucisviv epf hiv op 55 hem fsant. O'wi deahjv gsehsepdi juatit tipfoph vji teni gsehsepdit cedl vu at katv xovj foggisipv penit. Pucufz lpuxt og vjiz jewi ep iydmatowi qistupem gsehsepdi us puv. Cav ov tuapft huuf!
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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