Below is an interesting and entertaining video from Planet Money. They research the labor and material cost of an expensive designer wedding gown and concluded the dress the reporter bought was a rip off because the total of the two was less than half the price she paid. She thought she was getting a deal because the price was several hundred dollars less than full retail.
I am on board with the facts, but the cost of labor and material is only the first step down a slippery slope when it comes to getting a product to retail through traditional channels. My response and some ideas to help you save money on your gown...
On the surface, the argument is convincing. Dig deeper and not so much. The costs involved in transforming raw materials into a finished gown at your local bridal shop are many. Aside from the material and labor to sew it into a gown, there are also three levels of mark up.
Via traditional distribution channels, the designer / manufacturer sells to a wholesaler (i.e. distributor), which in turn sells to a retailer, who then sells the gown to you. Profit needs to happen at each change of hands:
Here are some ideas:
Of course there are pros and cons related to each approach to purchasing a wedding gown. That said, there are many opportunities for finding the gown of your dreams on a "DIY budget".
(original photo by David Ball)
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