Thanks to Mert and Husnu for the free all-day boat trip on the Bosphorus to the Black sea!

Thanks to Mert and Husnu for the free all-day boat trip on the Bosphorus to the Black sea!

When I win the lottery...

When I win the lottery...

Expensive homes on the water

Expensive homes on the water

Rumelihisari Castle along the Bosphorus

Rumelihisari Castle along the Bosphorus

The non-students at the fish restaurant

The non-students at the fish restaurant

Swimming in the Bosphorus - it's SPIDERMAN!

Swimming in the Bosphorus - it's SPIDERMAN!

Husnu and me

Husnu and me

Relaxing on the boat-VA Tech Study Abroad Students

Relaxing on the boat-VA Tech Study Abroad Students

---------------------------Exterior of shop - cottage industry - Anatolian - Asian side of Istanbul

---------------------------Exterior of shop - cottage industry - Anatolian - Asian side of Istanbul

Craftsman at oven where wood is shaped and dried. He's been doing this since age 13.

Craftsman at oven where wood is shaped and dried. He's been doing this since age 13.

Frame made of chestnut

Frame made of chestnut

Raw materials - this is what is woven over frame

Raw materials - this is what is woven over frame

Finished product

Finished product

Friday, August 3, 2007

Why make-up is so expensive in Istanbul

Ah-ha, the mystery is solved. The only "make-up" I have bought here is nail polish. Sure I'd like to try some of the European brands, or even American brands, but the prices are outragous and after talking to a reformed"cosmetics runner", I know why! She'd bring suitcases of cosmetics and stuff from the US to a shop in Istanbul, and the shop owner would pay her 50% over her cost, then retail it 100%-200% more! The business arrangement came to an end over a suitcase full of battery-operated Gillette razors a few years ago. The shop owner requested a bunch of them but by the time she got back to Istanbul, Carrefour was already selling them and the shop owner refused to pay over cost.

Apparently cosmetics are subjected to the following: a 'special goods' (i.e. 'luxury') tax of 20% in addition to the 18% VAT and 10% freight charges. You can then add a 30% distributor margin and a 25% retailer margin. What do you get at the end? A cosmetic product costing $100 to the Turkish distributor ends up on the shelf at the high-end pharmacies for $341!!!!!!!!!!!!!! A lot of Turkish women apparently buy from strawberrynet, which ships to Turkey. So...anyone coming to Turkey, bring a huge suitcase full of make-up with you. If I had only known.... :-)

2 comments:

Monty said...

Hmmm. Wonder how much you can get for your used MAC Pearl Sunshine Beauty Powder? (Just joking - I know you would never part with it :-)

Anyway, the outrageous costs for cosmetics is mind-boggling.

Your new pictures are great. I'm particularly fond of the "roofs".

Monty said...

Who could ever forget the haunting photo of The National Geographic Afghanistan girl? It is as amazing now as it was when it was first published.