Why Is Balenciaga So Expensive?

Luxury designer fashion brands have been an incredibly desirable commodity for the past few decades.

Have you noticed the mirror selfie of actress Sofia Andres that she posted on January 17, 2022? In her right hand, she was holding an hourglass bag that was from the trendy brand Balenciaga.

However, many celebrities and fashion-conscious people love Balenciaga, although it stands pricier. Nevertheless, ordinary people can’t afford the brand. 

Why is Balenciaga so expensive, and is Balenciaga worth it?

Precisely, the quality craftsmanship and stylish and functional design make the product from Balenciaga overpriced. Many more secrets cause the hefty price tags of Balenciaga accessories.

Today, we’ll look closely at the secret behind the Balenciaga getting so expensive.

What is the Story Behind Balenciaga?

Balenciaga produces menswear and womenswear and different types of luxury accessories. Only a few people know the story behind the fast-growing luxury fashion brand Balenciaga.

The Spanish designer Cristobal Balenciaga who’s from a dressmaker family, first introduced the Balenciaga. It was 1919 when the designer first started a fashion house in San Sebastian Spain.

After the Spanish Civil war, Cristobal Balenciaga shifted his store from Spain to France in 1937. His design became famous throughout France enough to open a large workshop.

Later, Balenciaga expanded his brand across Europe and the globe gradually.

A creative French designer, Nicolas Ghesquiere, has helped Cristobal to grow and expand the brand. Nicolas Ghesquiere, the designer, was also appointed as the creative director of Balenciaga.

The collaboration of Alexander McQueen with Nicolas Ghesquiere has also worked to expand the brand. With their effort, the Brand has expanded to Europe and Asia within only a few years.

Why is Balenciaga So Expensive?

The unique design and unconventional and high-quality materials contribute to the expenses of Balenciaga products. Besides, they maintain the quality craftsmanship of the product at the hefty price range.

Now, let’s describe why Balenciaga is expensive with its key factors.

Balenciaga Uses High-End Materials and Premium Leather Quality

Balenciaga produces products with premium quality materials. Constructions of materials like, Suede, silk, silk, wool, Canvas, a blend of cashmere, etc. makes the Balenciaga a high-end fashion brand.

Balenciaga Uses Creative and Excellent Craftsmanship

The enthusiastic apply their creativity and excellent craftsmanship to Balenciaga products. The expensive Balenciaga products determine the accurate value against the effort of those enthusiastic.

Balenciaga is the Brand of Celebrities

Undoubtedly, Balenciaga produces extraordinary products for glamorous ladies.

Celebrities like Marian Rivera, Sofia Andres, and Mimiyuuuh have the latest Balenciaga bags and shoes in their cupboard. Perhaps, that’s why Balenciaga is also well-known as a brand celebrity.

Balenciaga Has Brand’s Value and Reputation

So, why is Balenciaga so costly?

According to the Forbes report of 2023, Balenciaga’s brand value was $124.3 billion. The Brand value creates quite a good reputation among famous celebrities, businessmen, and ordinary people.

The expert’s craftsmanship also contributes to the brand reputation of Balenciaga. 

Balenciaga Has Historical Namesake

Balenciaga has a historical namesake that comes from the Spanish dressmaker Cristobal Balenciaga. The brand name has a weight and demand that makes it expensive in some way.

Balenciaga Uses the Latest Innovation with Trends and Statues

Balenciaga produces products according to the latest trends and statutes. Obviously, people like to stay updated with the latest trends; consequently, the price of Balenciaga products increases.

Balenciaga Has Production in Limited Quantities

Balenciaga produces products for a small customer base in limited quantities. The brand’s main target is limited sales volume, so they fix a higher price for their products. 

Balenciaga Uses Marketing and Advertising Campaigns

Hardly there’ll be a brand-conscious man or woman who hasn’t heard about Balenciaga. Balenciaga’s marketing and advertising campaigns have increased its demand and price point.

Balenciaga Uses High-Profile Collaboration of Fashion Influencers

Famous celebrities and fashion influencers increase the reputation and demand for Balenciaga products. They use individually hand-crafted products from Balenciaga. Automatically, the price for the Balenciaga luxury products drives up.

Balenciaga Has Timeless Iconic Design

Balenciaga produces stylish and functional products with timeless and iconic designs. The functionality and iconic design make the Balenciaga products worth the investment.

Why Is Balenciaga So Popular Despite Being Expensive?

Balenciaga introduces the product with innovative designs and quality craftsmanship. Famous celebrities give inspiration to their followers using Balenciaga products. That’s what makes the Clothing brand Balenciaga famous to thousands of people.

Despite being expensive, there are undefined reasons for making the brand popular. Here we’ve identified some reasons for Balenciaga’s getting so popular.

Usage High-Quality Accessories

The iconic fashion brand Balenciaga is primarily popular for its innovative design and high-quality accessories. The brand uses durable and finest quality fabrics for making garments, including Italian silk and Scottish cashmere.

The fabrics make the Balenciaga Garments long-lasting season after season. Precisely, the usage of high-quality material makes the Balenciaga accessories popular and worth the investment.

Social Media Recognition

Most of the potential customers are generated through social media marketing. That’s because most people spend the majority of their time on social media. 

So, when you advertise or showcase a product on social media, it reaches many people.

The social media leading platforms Instagram and Facebook are helping Balenciaga to advertise and showcase their products.

Indeed, brand recognition through social media makes Balenciaga famous among people.

Celebrity Endorsement

Famous celebrities and influencers like Rihanna, Billie Eilish, and Dua Lipa have tremendous numbers of followers on different platforms. 

Most importantly, social media platforms with lots of followers always accept their styles and opinions.

Balenciaga applies a marketing policy of advertising its products through influencers and celebrities. The endorsement of social media influencers reaches the latest products of Balenciaga individuals quickly.

Durability and Comfortability

The durability and comfort are other two reasons for Balenciaga’s getting popular. Like thousands of top luxury brands, Balenciaga products get extended durability.

Nevertheless, the high fashion brand incorporates avant-garde fitting that’s available at many renowned brands.

Unique Point of View

The unique point of view of the Balenciaga products is their simplicity. Cristobal maintains the Simplicity of Balenciaga products by exaggerating the products with the trends.

Rarely you’ll find such innovative trendy products with simple and unique designs.

FAQs

The Sum Up!

When you’re paying for Balenciaga, remember, you’re paying for its unique and artistic design besides quality. The iconic fashion brand Balenciaga has been preparing different, unique, designated clothes and accessories almost for a century.

Now, why is Balenciaga so expensive – the reason is quite clear with our explained secrets. Clearly, the material and art of Balenciaga make the brand unique and more expensive than others.