Why are the ties so expensive?
Or in less inflammatory terms, why does this tie sell for the price it does?
I would seriously love to know if this is a case of the tie priced where it is due to an accumulation of costs or if
this is one of those times a tie could cost $5 to make and because the market has set the price of "good ties" at $99 that is what it sells for.
I made my own tie over the weekend and total cost was $13 for fabric and $2 for the opshop tie I pulled apart to get to the inner-linning.
Add $1 for needle and thread, $2 a tie ( spread across 10 ties) for a rotary cutter and away you go.
Would there be a market in Australia for hand made ties at $50 a pop?
You have generations of experience making clothing and ties? Are you using high quality Italian silk? How good is your hand stitching and attention to detail? You also have to factor in how much fabric is used for a 7 fold tie vs normal construction.
So in short, they are priced that way due to them being made by hand, by an experienced workman, using significant amounts of high quality fabric, in a country far away from Australia. Is there a market for $50 handmade ties in Australia? Sure. Is there a market for $50 handmade ties in Australia made by yourself using recycled op-shop ties? Most probably not.