The Mulberry Bayswater Bag & The Apple iPad Computer

The Bayswater women’s shoulder bag from Mulberry is a 750gbp item. The iPad is an Apple tablet computer costing 430gbp.

At Psyft we don’t know that much about computers and we know even less about women’s shoulder bags, but we find it hard to see how a leather bag can cost 300 sheets more than a compact high speed computer tablet.

An iPad is made to a high standard using some of the most cutting edge computer technology. To get this product to ‘perform’ for Apple, crudely put, it has to make them a profit after paying for its manufacturing costs while also paying back some of its R&D costs.

Getting a leather bag to market involves the cost of sourcing the material and labour while paying for branding and advertising. Its a much more rudimentary process. And don’t forget Apple have to think about branding and advertising as all companies do.

Simply put Apple and Mulberry have mostly the same tasks at hand (materials, labour, distribution, sales, etc) but Apple have to contend with the ever changing nature of computers where Mulberry’s technology has remained unchanged since people worked out how to produce leather products.

Its like the one that got away. Most other leather bags have to make do with being bought at a price that reflects their cost of production and keeping their pricing as competitive as possible. Market leading computer technology companies have to do this too. But in the case of the Bayswater bag from Mulberry, we’ve found something that has slipped through the net and has managed to change hands for a price that is only justified by the eye of the beholder.

Advertisements

About psyft

Ps-y-ft (si-fu-t) v. 1. Something a little bit different, 2. Random interest 3. To dredge through and extract 4. To pan for digital trinkets 5. Trawling the internet's seabed for whatever web-based plankton we can find. 5. Perusing the internet's shelves 5. Looking sideways.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s