I feel as though Louis Vuitton products are for a real selective market thus making the product even more expensive and selective to make. The amount of time that actually goes into making the product shows the real quality of the product. Price is based off of quality and when a consumer is spending over $3,000 for a handbag or wallet they want something of genuine leather and good quality. I know from time to time I have often considered purchasing a Louis Vuitton wallet or brief case. The only thing that is really stopping me is my income and the price of the product. The working middle class and upper class can afford products of this magnitude, where as a student working a part time job certainly cannot. I know eventually if I have a good job I would like to treat myself to something as nice as a Louis Vuitton product but right now it is not realistic. Their target market is so narrow and geared toward a more wealthy consumer but as with anything status is everything and Louis Vuitton is well known for quality products at an expensive price.
Would you be willing to spend over $3,000 on a wallet if it is of good quality? (If you had $3,000 to just "spend" at your disposal)
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