We have all suffered from the effects of sticker shock at one point or another. Perhaps you’ve paid a visit to a local furniture store, or just browsed online merchants. More often than not, you’d be hard pressed to find anything under 500 dollars worth buying. Most of us are reeling from these high price Read More ...
We have all suffered from the effects of sticker shock at one point or another. Perhaps you’ve paid a visit to a local furniture store, or just browsed online merchants. More often than not, you’d be hard pressed to find anything under 500 dollars worth buying. Most of us are reeling from these high price tags, but what is it about furniture that is so expensive?
So I want to take a momemt and explain why and about how I started this blog. Here are a few things why beds are just so expensive!
Take any couch or bed frame as an example, and you’ll find a lot of differences in construction quality as well as the materials used. More often than not, the materials used in the construction process lay the foundation for pricing.
For example, a couch manufactured from MDF is inexpensive as the material is cheap. However, the real tradeoff is that the product won’t last very long— this is why most people avoid it. On the other hand, plywood is considered a mid-range quality product and does get expensive. It has the strength of solid wood without the higher price tag. Of course, if you want the highest quality furniture and are willing to pay the price, you should opt for solid wood. In any case, the construction materials are expensive, therefore, a base price is dictated.
If you’ve ever wandered into Home Goods or checked out Wayfair, you will discover that these companies are awash with trellis patterned white furniture. Even if the construction isn’t exactly high quality, you will still find that the furniture is expensive. At the end of the day, it all comes down to trends.
The latest trends are forcefully pushed upon consumers until all that’s left in stores is the choice between mid-century modern or shabby farmhouse. Regardless of how you feel about these trends, you’ll need to confront them as you look to purchase a new chair, bed or dresser. Supply and demand are at the heart of basic pricing and many consumers pay a lot for the latest trends or designers.
It’s no surprise or even a hidden fact that much of the furniture we find in America is produced overseas. Companies are able to turn a better profit as overseas labor is cheap— that doesn’t necessarily mean cheaper furniture for you! You are still expected to pay full price for your furniture, even if the quality is lacking. Retailers get away with importing cheap products and raising the prices to get a better return on investment.
Sometimes, there is a direct impact on pricing when a product is manufactured from specialty or high quality materials. For example, an area rug manufactured from acrylic threads is cheap and low maintenance. On the other hand, if you select a solid wool construction that was hand woven, you can expect to pay thousands of dollars. Having said that, even the cheapest products aren’t necessarily cheap on the price tag. They are just cheap(er) than their high-end counterparts.
Pricing is different with almost every furniture retailer, but it does come down to their overhead costs. A physical brick and mortar store needs to sell higher priced furnishings to meet their business demands. On the other hand, similar or even the same designers cost less online as the company doesn’t need to worry about operational costs. In short, furniture is expensive either way, but choosing the right retailer can go a long way.
Furniture has and will always be expensive. The price is dictated by many factors, a good number of them completely out of our hands. Import costs, operational costs and even the name of the designer can increase what you can expect to pay.
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