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But what do you do with unsold Chanel quilts?
by nine_k 9mo ago
But what do you do with unsold Chanel quilts?
- otterley 9mo agoTurn them into insulation! This is what happens with old denim jeans: https://www.henry.com/residential/products/insulation/denim-insulation/ultratouch-r13/#product-details-section https://www.henry.com/residential/products/insulation/denim-...
- onionisafruit 9mo agoChanel; the ultimate luxury insulation.
- anigbrowl 9mo agoCut the price, this is basic microeconomics.
- slaymaker1907 9mo agoThat is not what they should do according to microeconomics because luxury goods are Veblen goods. Decreasing price would lower demand, at least until they lowered it enough that it was no longer a Veblen good. Basic microeconomics is just that: basic and thus an oversimplification.