1, the purchase price of all products of Chow Tai Fook is a bite price, rather than other brands will calculate the price through the current international market. So this is why Chow Tai Fook's gold price is higher, including the design fee and its brand value, which is recognized by everyone.
2, of course, its price is more expensive, mainly because it can be recognized by consumers, and the designed style is also very fashionable, which can be chosen by more young people, and naturally it is inevitable in price. If there is a better contrast, it is also an option. High prices also represent quality problems, which many consumers are willing to pay.
Which is better, Chow Tai Fook or Lao Fengxiang?
As the leader of Chinese jewelry, Chow Tai Fook has always been the benchmark of the industry. The first-class craft gold also started from Chow Tai Fook. As a fashion style, Chow Tai Fook has a high reputation, and its positioning and pricing are higher than those of its peers. Mainly direct stores, the previous franchisees gradually withdrew. Lao Fengxiang opened a shop in Shanghai for the first time, and there are a number of jewelers in China. For their generation of parents, they are well-known jewelry brands. Now they are also constantly innovating and changing their own styles, and there are too many franchise stores. They are not as serious as Chow Tai Fook in management, so many franchisees give brand credibility.
Which is better, Chow Tai Fook or Lao Fengxiang? There is no specific comparison between the two, because different positioning will lead to different future development. As consumers, you can choose according to your own needs. In terms of price, Chow Tai Fook is relatively high, depending on the choice of styles, and the brand recognition is the highest. After all, when the price of the style you like is acceptable, you are willing to buy it with confidence.