Go to the Main Business Forum page

Cycling shirt, only $159,095 and it's yours! (The idea behind the strategy...) [Archive] - SOWPub Small Business Forums

PDA

View Full Version : Cycling shirt, only $159,095 and it's yours! (The idea behind the strategy...)


Pages : [1] 2

Dien Rice
June 24, 2019, 10:58 AM
I came across this article, about a cycling shirt, which started selling (on eBay) for 10,000 British pounds. In US dollars, that's $12,727!

What shirt is worth that?

It didn't sell... And now, the price has jumped to 125,000 British pounds, which is $159,095 US dollars!

Why would anyone sell a shirt for such a price?

Well, it gets attention (including some media attention). They may not sell the shirt... But people might go to their online store, and buy the other stuff!

In addition, the shirt was part of a limited edition of 200 pieces. That helps to "justify" the price...

Fascinating strategy... :)

Oh look, a Rapha jersey for 125,000
https://www.bikeradar.com/news/most-expensive-rapha-jersey/

Paul Smith 531 with Rapha Grand Depart Cycling Jersey
https://www.ebay.co.uk/itm/Paul-Smith-531-with-Rapha-Grand-Depart-Cycling-Jersey/192934435127

Best wishes!

Dien


Some recent posts on the forum...




Unusual Business Ideas
Interesting, proven, and unusual business ideas
Entrepreneur-Web Internet Resources
Directory of resources for entrepreneurs
Best of Sowpub
Some of the best posts


This is a SOWPub Archive page