Chanels Price Point

PRICE POINT

If you’ve bought a Chanel Classic Bag early on and you are aware of the current prices, then I have to say: ‘you deserve that smile on your face’. The higher the prices go, the more you fall in love. But have you ever wondered, how much your Chanel Classic Bag cost last year, five years or ten years ago? Price increases can be frustrating, especially for those who are saving money, chasing their dream bag and trying to keep up with the price. Each price increase must feel like a ‘nightmare’.

But price increases can work for you, those who are smart enough to invest in 2008 have seen the prices go up as fast as a rollercoaster goes down – since 2008, the prices have increased with more than $2,000 USD. Investing in a Chanel Classic Bag is safer than investing in the stock market as Chanel bags will only go up in prices and never go down, regardless of the economy.

I can throw ten reasons at those who are still waiting for the right moment, actually – today is the right moment, can you bare another price increase over a few months? Below are the  prices from 1955 to 2014 for the Chanel (reissue) 2.55 size 225.

2008-214 Price Change

How frequent does Chanel increase prices

It depends, from experience, they increase prices two or three times a year. Rarely do they increase one time . It usually happens in end of January or the first week of February, around the summer times and at the end of the year, in December. Chanel never give any warning, this will spoil the game, doesn’t. They never give the exact date or tell you when, even the information from your SA are just speculation.

Why Does Chanel Raise Prices?

One major cause is the inflation, basic economics – there is a high demand on quality raw materials, more demand means higher prices. If Chanel is paying a higher price for the lambskin leather, they will compensate the loss with your wallet.

Secondly, the cost of labor has gone up, your iconic Chanel bag is probably made in France, Italy or in rare occasion – Spain. We should be proud that their bags are still made in Europe, only then we can be certain of its quality.

Third reason is what I think, a marketing strategy. Price increases should drive customers way, but for Chanel, it works the opposite. The more we need to pay, the more we gossip and the circle of Chanel fans keeps getting bigger.

BEAUTY RANGING

MAKEUP 

• Foundation: £32-£42.50 
• Eye pencil: £17-£19 
• Mascara: £25 
• Eyeshadow: £23-£40 
• Lip liner: £17.50 
• Lip Gloss: £19-£26 
• Lipstick: £25-£26 
• Nails: £14-£25 
• Brushes: £19-£42

SKINCARE

• Cleanser, makeup remover and toner: £22-£110 
• Moisturisers: £30-£240 
• Complete anti-ageing: £69-£300 

WOMEN'S PERFUME

• £49-£96

https://www.bragmybag.com/chanel-price-increase-over-the-years/