Monday, July 16, 2012

Cheapest isn't always the Best Buy

This is usually how I wear a black blazer

I had a strange conversation the other day. I was discussing jewelry with someone who was a friend of a friend of a friend, it was a group event. She commented on my jewelry and when I mentioned that I sell jewelry and make custom pieces she came back with “Oh I have so much ‘real’ jewelry I don’t need to purchase costume.” The thing was I was wearing real jewelry, just custom pieces. This got me to thinking, are you wasting money if you can’t tell the difference between real jewelry and costume?

Many people who don’t care can save a fortune by buying jewelry that they love without any concern for price or quality. Unfortunately not everyone can distinguish good quality from bad quality. In fact, 56% of consumers don’t know how to spot a product that is well made. This is how outlet stores stay in business. They claim to offer the same designer merchandise as the department stores but at a lower price. The trouble is these lower priced products are “engineered for value.” This is a polite way to say they cut a corner.

Another cute way to wear the black blazer

The garment or product may have a designer name but it has been specifically manufactured in a cheaper manner in order to reduce the cost. The material is not the same, the stitching is usually of poor quality and it won’t have the durability of its higher priced cousin. While it may seem like a good idea to purchase by price, it’s not a good idea to purchase the same product over and over again. Sometimes it behooves us to spend a little more money initially in order to save money over the life of the product. This is particularly true when dealing with basic wardrobe pieces or accessories.

While it’s a good idea to spend a little more on a black blazer, it might not be such a good idea to spend a fortune on a scarf. Items that are trendy may need further consideration before you plunk down a hunk of dough. When purchasing a basic try and spend as much as possible and really examine the quality and material. Are stitches straight, is the leather supple and will this style stand the test of time? Finding out how to spot quality is important and everyone should invest a little time in learning. It’s a valuable skill that helps you live better on less.

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