A Birkin-style handbag costs $1,400 to make in a Chinese factory, but Hermès sells it for $38,000, with over 90% of the price coming from the brand name. The speaker sells identical bags without the logo for around $1,000.
for one bag is $10. And then the cost of human resource. The French artisans is much more expensive than Chinese artisans. To finish one bag, the human resource cost will be $600. Package, now this is not that expensive, is $10. So now to sum those up, the total cost will be $1,400 for one Birkin out of factory. But why Hermès will charge you $38,000 for one bag? That's because more than 90% is paid for its logo. But if you do not care about logo, you just want the same quality, same material, you can just buy from us. Because for our bags, we use exactly the same material, same leather, same hardware, same edge oil. The only difference is, one, we don't have the logo, so we don't have to pay so much amount of money just for that logo. And second, our human resource is much cheaper. This is why this bag from our factory only cost you $1,000 USD, but even better quality and craftsmanship.
Oh, oh, at the end he said even better quality or craftsmanship. Oh, the shade. Oh, oh, I got, I got 6 Birkins. I got 6 Birkins and y'all was dragging me saying I didn't know, understand money.
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