Video: A look into why Louboutin's signature red-bottom heels cost so much

Christian Louboutin's trademark red-bottomed shoes have become iconic. Beyoncé wore a custom pair of boots for her Coachella performance, and Cardi B slipped on a pair of "bloody shoes" for her "Bodak Yellow" music video. But why do these heels cost hundreds, and sometimes thousands, of dollars?

Source: Business Insider Channel, YouTube.