A good night’s sleep is crucial to our well-being and can drastically affect our day. Sleeping on a comfortable mattress is important for several reasons, including recharging our batteries and elevating our mood all day. But, why are mattresses so expensive?
Table of Contents
Why Are Mattresses So Expensive?
Health Impact
A good mattress plays an important role in enhancing the health and well-being of an individual. A good mattress not only enhances sleep quality but also helps users feel more relaxed and less supported. A top-notch mattress gives its users more comfort and support both while they sleep and are awake. Playing with kids and animals, spending time with partners, or simply relaxing by lying down are a few examples. A mattress will probably cost more money if its health benefits are greater.
Demand Increase
Despite the fact that there are many different kinds of mattresses on the market today, their demands change over time and from region to region. Consequently, a sudden increase in demand for a particular kind of mattress in a particular area may result in a spike in its price. A variety of factors, such as the rising popularity of a particular kind of mattress or even a shortage of supply from the manufacturers, could be to blame for the increase in demand.
Profit Margins
When discussing the price of a mattress, profit margins should also be taken into account.
The gross margin of mattresses sold in the U.S., according to a Statista reportS. in 2020 was 61.5%.
Profit margins are high because customers typically desire comfortable beds. They are prepared to pay a steep price for this.
Negotiating a small percentage is a good place to start if you’re willing to save money on your mattress and the sale season hasn’t started yet.
Material Cost
The mattress’s composition affects the cost.
Felt, cotton fiber, viscoelastic foam, latex foam, organic cotton, and other materials are employed in the manufacture of mattresses.
Consider the fact that mattresses come in two varieties: innerspring and hybrid. Hybrid mattresses actually cost more than innerspring mattresses because they have more layers and materials.
It can be challenging for customers to determine whether the mattress’s quality justifies its cost.
A mattress made in America is an option if you have any reservations.
Delivery & Shipping
It should come as no surprise that a mattress is quite large. It is not a simple purchase that you can make and then just take home.
It goes without saying that the size will increase the cost of shipping the mattress as well as its overall price.
Mattress deliveries, according to uShip, range in price from $.70 and $2.50 depending on the distance and the weight.
At every stage of the supply chain, the cost of transportation is unavoidably added to the original price. In addition to paying for transportation, mattresses must be handled by staff during delivery and shipping.
In addition, a mattress must be handled by the shipping staff, and the retailer must account for their wage, which will undoubtedly drive up the price of the mattress even further.
It’s important to remember that, despite delivery costs, purchasing a mattress online will be less expensive than doing so in a physical store. The physical stores raise the cost of transportation for their customers.
Mattress Technology
Amazing technologies have been added to mattresses, as we can see from innovations in every field. In fact, technology can increase the advantages and comfort of a mattress while also raising the price.
Some of the most common technology in mattresses is:
Sleep Sensor Technology
A sleep sensor built into your mattress will help you monitor your breathing, count the number of times you get out of bed, and even gauge the time.
To feel healthy and energized and to be able to concentrate the next day, getting a good night’s sleep is crucial. These sleep sensors will undoubtedly affect how much a mattress costs.
Heating Technology
Despite the fact that the majority of mattresses with heating technology are high-end, it undoubtedly affects their cost. It can be challenging to find the ideal temperature for a mattress, but this system will warm it up nicely and assist you in controlling your body’s temperature.
If you tend to get hot while sleeping, you might also think about getting a bed cooling system.
Memory Gel Mattresses
A mattress made of memory gel can remember a person’s body and is very comfortable. The cost of a memory gel mattress will go up, just like with other types of technology.
The layer of gel and high-density foam will relieve pressure while improving circulation.
Brand Strength
Before purchasing a mattress, the majority of consumers now take the makers’ brand into account. Because of this, mattress manufacturers spend a lot of time and energy creating a distinctive brand name for their goods. The cost of the mattress is increased by include the money needed for such activities in the calculation. Because of this, mattresses from the most well-known brands are frequently more expensive than those from less well-known names.
Advertisement
Every company’s marketing plan includes advertising in significant amounts, and mattresses are no exception.
One of the largest bedding companies in the world, Tempur Sealy, spent $327 million on advertising campaigns in just one year.
Although bedding companies make a lot of money from their products, this is undoubtedly a factor that raises the final price of mattresses.
Fee For Sale
On every mattress sale, the majority of manufacturers provide dealers a respectable commission. This commission is factored into the mattress’ total manufacturing cost, directly affecting the pricing. The basic cost of the mattress may have an impact on the commission percentage. Because of the larger amount of commission guaranteed, a mattress with a higher base price can end up costing more.
Store Expenses
The majority of customers are unaware that the price of the mattress they buy from a physical store includes the costs of maintaining the item. The more upscale a bedding retailer is, the more expensive its overhead and upkeep are. Since the store is open to make a profit, it is unlikely that its profit margins will be sufficient to cover these costs. Therefore, the price of the mattress is merely increased by these expenses, making it marginally more expensive.
What Should I Expect To Pay For A Good Mattress?
Although there isn’t a specific price that can be used to identify a good or bad mattress, there are a few indicators that we can consider.
Although the materials used and the specific type of mattress itself—memory foam or pocket spring, for example—can have a cost impact, mattress prices typically increase in accordance with how durable the product is and how long its lifespan will be.
Mattresses of average quality typically cost between £400 and £600, while mattresses of excellent quality can be found for upwards of £600. A mattress that costs £1000 and lasts for eight years will cost the owner 34 pence per night, or 17 pence if used by two people, but given that we spend, on average, about a third of our days asleep, that is a pretty reasonable cost for such a crucial piece of furniture!
What Is The Lifespan Of A Mattress?
The average mattress will last for eight years before it starts to deteriorate, but this will (to some extent) depend on the user’s weight and sleeping habits. If the model costs between 150 and 200 pounds, it will probably last for three to five years less. Mattresses costing more than 600 pounds are likely to last between eight and ten years.
The lifetime of the product is also influenced by the user’s body weight, the product’s specifications, and how frequently the mattress is used.
Tips For Saving Money On A New Mattress
Given the high price of mattresses, consumers frequently look for the best ways to save money while purchasing new mattresses without sacrificing quality. The following are some excellent pointers to help ensure the same.
Do Right Research
Buyers can also save money by conducting thorough research on mattress prices. While introducing new mattress models and varieties, companies and retailers frequently offer special promotional discounts. The buyers are informed about this and can save money thanks to thorough research.
Shopping Online
The majority of online retailers have low overhead expenses and work directly with manufacturers to avoid middlemen. Due to the ability to split the profits with the customers, there are significant price differences. Additionally, online retailers take third-party coupon codes, further lowering prices.
Sale Of Mattress
During particular times of the year, most stores offer mattress sales. Buyers should take advantage of these sales to get significant discounts off the typical mattress price, even if it means delaying their purchase by a few weeks. Many shops even extend additional discounts to customers who are willing to haggle a little.
0% APR Finance Deals
Customers frequently look for financial assistance in order to purchase the mattress of their choice. Such buyers should select 0% APR financing options to enable them to avoid paying a sizable sum in interest fees. Such reductions are provided by a lot of reputable retailers to draw customers and boost sales.
Conclusion
Mattresses cost a lot because they are durable and might have a lot of pricey components, including latex, memory foam, or pocket springs. Cost-increasing features like border trimmings are also possible.