Why Do People Pay $500 For A Shirt-BUILD A BRAND
229 views · Published 29 October 2017 · 3:47 · Indexed 27 October 2026
Channel: Helpful DIY · 2017 · Howto & Style
In this video, I talk about the importance of building a brand. There are many shirts by high-end designers that cost upwards of $500 but only offer slightly better quality than the shirts that cost a fraction of the price. The reason that brands can charge this much is because they have built up their brand reputation over many years. This emphasizes the importance of building a brand. If you brand your business properly, you can charge a premium and make a large profit margin! CONNECT WITH ME: Instagram - https://www.instagram.com/mikechimmy/ SUBSCRIBE TO MY CHANNEL: https://youtube.com/subscription_center?add_user=helpfuldiy FREE DIY ADVICE EBOOK: https://gumroad.com/l/vFujc Disclaimer: Some of the links in this description may be affiliate links. All opinions are my own.
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