With the narrow markups on grocery items, supermarkets have begun expanding their products to non-grocery items. These include low cost men’s tuxedos along with coordinating accessories such as the shirt and necktie for less than $100.00.
The first factor to evaluate is how often you believe you will be attending a function or venue which will either require you to or at which you would desire to wear a tuxedo. Clearly if you only need it for a limited occasion like a single wedding or funeral than an inexpensive tuxedo may be appropriate. Purchasing a $1000 custom make one makes no sense for such a limited use.
If your finances don’t easily allow for an expensive tux, then certainly the inexpensive tuxedo is the way to go. However, if you can afford it and you’ll need one frequently, a better tux may prove worth the investment. The quality and workmanship will be much higher in the better tux. Just like other cheaper suits, it will crease and wrinkle much quicker.
Obviously the inexpensive versions of the tuxedos will crease and wrinkle quite easily. If you wear it one time you may find it will not be acceptable for additional use until you steam, press or dry-clean it. The extra wear and tear upon a cheap item will show signs very soon. Because it’s not hand made, seams will become unstitched here and there, and buttons will loosen or pop.
Lastly, you’ll be settling for the normal sizes when buying a cheaper tuxedo. You’ll not gain the expertise of professional tailors and seamstresses that fashion the high-end tuxedos; fit will definitely suffer. So, consider the cost comparisons for your tuxedo; does an inexpensive tux work for a single or infrequent event, or will the higher cost of a quality tuxedo better serve your needs for looking good on many occasions?
Jewelry Buying Has Changed
Walking into the jewelry store to make that special purchase for yourself or a loved one used to be quite daunting. In the midst of the array of fine and expensive jewelry pieces stood the expert jeweler with all the facts about the quality of the craftsmanship and the true value of the products on display. When sharing this information with you the customer they sometimes made you feel that without their expert knowledge and advice you could not possibly be expected to make the right choice.
The jeweler was in a very unique position – not only was he the one with all the important information on value for money pieces, he was the only retail outlet for the supply of jewelry. Yes there was competition from other jewelry retailers but this was mostly focused on the atmosphere within the store and the individuality of the pieces rather than on the price. When it came to trying to negotiate a price reduction the customer found it virtually unlikely, even though the profit margins for the jeweler could be more than 50% on the retail price.
But then a change in the market took place ” a change that has affected many industries and businesses and one that generates more changes almost each day. The Internet. Within a very short space of time, competition expanded dramatically. Internet businesses had lower costs, so they could afford to charge less for their products. Even more alarming for the jeweler, all of a sudden they enabled the customer to carry out some quiet and thorough research before committing to any purchase or before he was subjected to any sort of sales pitch.
Customers no longer felt at a disadvantage when visiting a jewelry store. Through careful research they knew about details such as carat weights, the purity of gold, diamond colors and independent appraisals. They were prepared to negotiate lower prices and shorter delivery times as they could now make comparisons of these with other Mall stores and on the Internet to ensure they got the best deal available.
The traditional jeweler was confronted by an enormous change to the way business was done. He would prefer to run his business as usual – buy highly profitable pieces of jewelry and display them to advantage in the store, greet the customer as they entered the shop and provide advice and support in their purchase.
This new online breed of jewelers turned the traditional jewelry business on its head because they were much more customer focused. Not only were they happy to match the products they offered to the customer’s requirement but also to supply as much information as the customer needed to make a decision. They were willing to use this strategy to attract business in what after all was a new way of selling to the public. It was also much easier for them to compete on price because of their lower overheads.