Slogan baby clothes just don't come into it. How about treating your baby (or yourself!) to the 1,000 pounds baby stroller? Although there are some advocates of the more expensive form of baby transport since the news that one of them actually saved the passengers life.
A building collapsed on a nanny pushing one of these expensive pushchairs and the framework bent around the baby and protected it, effectively saving it's life.
Not specifically designed for this purpose, it could be said that this was a freak accident and a lucky save but you can be sure that a cheapy umbrella-fold buggy just wouldn't have done it.
Gone are the days when people were happy to stash their baby in the bottom drawer by the fire to keep it warm, cosy and secure feeling. Nowadays, don't be alarmed to see designer baby cots at the silly price of $1,800.
Still made of wood, still only last until the age of two and still the same manufacturing costs, only looking marginally better than a drawer but who's going to see it! Certainly, your baby won't know any different.
Of course, once out in public, you could show your baby off with slogan baby clothes that have funny or cute sayings emblazoned across them. Take them to a fancy restaurant and feed them in style with their Dior baby bottle. A positive snip at only $40 a throw. Same plastic, same manufacturing process, same life span as your more high street feeding implement but with a price tag over four times the standard.
Of course, for many, it's all about how the baby looks. Which is exactly how Dior get away with charging 130 pounds for a pair of gold coloured moccasins for a one month old baby. But would they go with the slogan baby clothes, I ask?
Once in these designer shoes and wrapped up in head to toe Burberry, true chav style, riding along in their $1,000 buggies that look the same as the $250 ones, what about that lump of plastic stuck in the face that comes with the tag of pacifier? For those mums who are hard up, you could always get the $50 Armani dummy. Or would you just have to be a dummy to pay that for one?
From the hideously ridiculous camp comes the baby of the Jolie-Pitt collaboration. This one comes complete with a pacifier worth $17,000 due to it's being made of white gold and encrusted with 3 carats of white diamonds. No run-of-the-mill slogan baby clothes for this one, then?
One couple you have to admire when it comes to babies is Jennifer Lopez and her husband Marc Anthony. Their long-awaited twins arrived recently and, in true celebrity style, the couple and their family have been seen to be spending vast amounts.
At a cost of $700,000, J-Lo reserved a birthing suite in the hospital of her choice for the expected date. Seems a vast amount but if you can afford it, why the hell not have white sofas, a computer, a private kitchen and 2 flat screen TV's to assist with your comfort. Having given birth in your average hospital I know not only of the pain that you often get left to endure but the basic amenities that come nowhere near the creature comforts you could do with at this point in your life.
A $300,000 bill for private doctors and nurses ensured her and her baby would be well cared for, $300,000 for security (god knows they need it!) and $100,000 on personal assistants. It may seem extreme but who wouldn't if they could afford it? Proving herself the ever-savvy business woman, her outlay is easily recovered by the $6 million she will be making by the sale of the first baby pictures to a glossy magazine.
J-Lo's mother was seen out on the town purchasing gold identity bracelets for the babies. My mum went shopping for my children when they were born and all I got were lousy baby slogan clothes!
First of all you need to decide what this investment will bring you in terms of sales compared to its costs. This is difficult, especially when you don??t have any experience to base your assumptions on. Still, it is vital to think about this and make an estimate. The best way to tackle this is to break your assumptions down in small pieces in order to work out how many sales you are going to generate. For example, you buy 25.000 visitors to your webpage for US$ 100,-. You assume that this service will not deliver you a warm market. Therefore the chance is significant that people who will visit your page are not very interested. So assume that only 1 out of 5.000 visitors are actually interested. Assume also that 1 out of 4 who is interested will buy one product of US$ 50,-. In this case you will get 25.000 visitors divided by 5.000 are 5 people who are actually interested. Out of those 5 you will get 1,25 orders of US$ 50,- which equals US$ 62,50 of sales. As this service costs US$ 100,- you may decide not to purchase it. But even though only 1,25 sales are generated all the people who visited your webpage may bring in future sales. So you could as yourself what the chances are that some of these visitors come back in the future and buy something or that they tell somebody else about your webpage. Chances are slim, but this is just to illustrate that you need to think about several scenarios.
Secondly, you need to decide if you have the budget to spend that much money. Even if you think you can turn a profit, they are based on your assumptions. Even worse, many times we decide those purchases based on the sales pitch of the service you buy. So, when you have a certain budget, and it is very wise to have one, try to stick to it. That doesn??t mean you can never change your budget. Actually, this should be done periodically. In the end, you don??t want to take too much risk and not being able to pay your other bills just because your assumption were too optimistic.
Thirdly, are you willing to take the risk of investing money at all? But, any kind of business will bring some kind of risk. The question is therefore not if you need to take some risk, but is the risk bearable to you. Don??t buy when it takes up to 50% of your total budget.
Both Catherine Harvey & Robin Zweedijk are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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