When you start collecting various luxury and branded items, it may have crossed your mind to make it an investment asset. Because there are many people out there who are interested in making luxury items for resale because of their inherent height, some luxury items will be increasingly in demand by collectors when they are out of production or are rarely found on the market. However, not all luxury goods can be marketed easily, you need to pay attention to the target market and the right strategy so that your want can be fulfilled. Get all your information here at Modern Luxury.
Before you start, make sure you know some types of luxury items that you can resell at a price that is not too far from the original price when you bought them. Watches are one of the most valuable assets because usually, each watch has a special meaning for the owner. Some well-known watch brands such as Rolex, Bell & Ross, Ulysse Nardin, Piaget SA, Bremont, and many more are brands that have a very good market and selling point even if you invest for decades. Of course, this needs to be balanced with good care as well. Branded bags that are commonly found are quite tempting investment items. Besides you can use it as a fashion collection that reflects your personality, it turns out that branded bags are worthy of being the next investment choice. Brands such as Hermes, Chanel, Louis Vuitton, and Dior are some of the branded bag brands that are loved by socialites and their lovers. If you choose the right brand, the selling value is estimated to be up to 72 to 130 percent of the purchase price, you know.
Not many people know that shoes or branded sneakers have a profit value that is almost equivalent to the famous bags belonging to socialites. Even recently, sneaker lovers in the world were surprised by the bombastic soaring resale price, for example, the Best Selling Nike Off White x Nike Air Force 1 Mama Low, which had an average increase of 2.134%. Or Nike Off White x Air Jordan 1 “Chicago” shoes which have an average resale price of USD 3,450. This is very tempting when compared to the purchase price which is only around USD 190.