60 Minutes
Region: US
Tuesday 17 December 2024 17:10:28 GMT
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Anisedohr :
He’s absolutely right, but the wait time isn’t the issue. It’s the bizarre system in which Hermes says who can and cannot purchase their items.
2024-12-17 23:27:26
3027
rachelgregg182 :
I love this mindset.
2024-12-17 18:09:45
3788
Erika Hale Torres🇺🇸🇲🇽🌎🌍 :
As a furniture maker, I understand this way of thinking. I am not a machine, so no, it won’t be available right away :) keep craft alive!
2024-12-17 17:44:57
6022
Foss artist :
Scarcity =expensive
2024-12-17 21:33:52
2703
cw :
He articulated that perfectly. Modern society is so obsessed with efficiency and optimization that we lose sight of craftsmanship and quality. There is enjoyment to be found in life's finer things.
2024-12-18 03:37:58
2064
abby :
“speed is the structuring value of the 20th century” he ate
2024-12-19 05:50:39
1773
Monologue Man599 :
Law of scarcity folks ! Econ 101! Decrease the supply increase the demand and control your market value and profit
2024-12-17 19:20:59
420
assless.chapped.lips :
Is it this interviewers first day on earth? Speed = less quality and it has always been this way.
2024-12-18 03:05:12
330
The Bling Jedi :
I love this response! I’m inspired
2024-12-18 23:13:53
628
Devilishking :
It has nothing to do with craft 😂 It's all about supply and demand , a low supply with high demand = high price
2024-12-17 21:45:06
214
KeatonMaxwell :
I love everything he said.
2024-12-17 19:40:22
642
Aaron Avila :
I do classic car restorations, and I can completely 100% agree with this. Now, do you need to make 300% profit on each bag??? I don't know about that, LOL
2024-12-17 18:41:23
603
Riri :
Yeah it still doesn't justify the price 100% they are charging high premiums for exclusivity, you can get similar quality for much much much less from leather artisans
2024-12-17 21:01:13
1
POVLVR :
It’s working for them so who cares!
2024-12-17 21:34:06
213
Peter Jones Experience Design :
Me when I take all day to send an email that could have been done in 3 minutes
2024-12-17 21:27:43
84
AforApple :
Using the Mercedes analogy is pointless, more luxury cars do have a waiting time.
2024-12-19 19:07:42
30
P13nsa :
It’s the rolex, and de beers business model. Avoid these companies, irs got nothing to do with quality it’s got to do with keeping supply low and demand high. Cr7 would get his bag in 1hr
2024-12-17 19:54:42
13
Nexus Achiles :
Not the real reason. They want to keep production low because it makes the item rarer and gives the buyer a sense of exclusivity. If too easy to buy, affluent clients will stop buying...
2024-12-18 23:39:36
172
ZachShop :
my target plastic bag is priceless co it's free 😄
2024-12-17 17:45:14
86
Aberoth :
She made that analogy with Mercedes, when many of the most successful manufactures (I.e Porsche, Ferrari, Lamborghini) do that exact thing, and have been around since the beginning 🤣🤣🤣
2024-12-19 03:47:24
8
cybervet25 :
It the DeBeers diamond business model. Create a perception of rarity and exclusivity
2024-12-18 06:33:53
24
DopedCPA :
Hermes chose to be a little slower this way not switching to machines to maintain its lux n unique appeals. Rolex (industrial item) is doing the same
2024-12-17 18:27:04
4
Alex :
The secondhand market is also huge so if you dont want to wait buy a used/resold bag
2024-12-18 00:36:06
5
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