Are thrift stores still lucrative?

Second-hand stores, also known as thrift or consignment shops have provided countless people with a way to own their own business and make some money as well. Reselling old clothes is still a very lucrative business. According to researchers, secondhand selling is a $ billion industry and has been growing at a steady six percent each year.

Many stores across America have opted to use a sell-trade-buy process. They offer individuals store credit or cash in exchange for their well-cared for and gently used shoes, accessories and clothes. Thrift stores have been around for years so why the sudden surge in popularity? Secondhand store growth rate can be traced back to the recession.In 2000, we saw the technology bubble burst, destroying approximately $6 trillion in household wealth in 2 years. The construction market tanked in 2005, and from 2007 to 2009, real estate owners experienced a fall in the home values by nearly $6 trillion.

Despite the American financial loss, the construction tumble led to such a massive collapse, while the dot-com hurtle resulted in a mild decline. The reason for this difference was mainly due to consumer spending. When the real-estate value hit, it killed retail spending, which was said to decrease by 8 percent from 2007 to 2009. This by far has been one of the largest two-year drops in American history.

Consumer confidence about the future economic condition is then another factor that affected consumer spending. After the drop in real-estate and the stock market drop, many attained the “better safe than sorry” approach and instead of spending their hard earned money, they opted to start saving more in case of another rainy day. Many people still visit thrift stores because they are always looking for ways to save money especially if another economic downturn is to happen.

A consumer’s optimist or pessimist approach about the future economic conditions is another key determinant on the economy spending. This is why more and more people would rather purchase gently used garments/ accessories from consignment stores rather than spending more money on brand new clothes and shoes. Secondhand stores tend to carry unique pieces giving a buyer an opportunity to own something that not many other people will have. Ever purchased a brand new piece of garment from a mall and minutes later bump into someone with the same outfit? Second-hand stores offer individuals an opportunity to not be identical with most people.

As you can see, second hand stores are still lucrative. They offer buyers gently used items at cheap rates which allow you to save money. The thrill of hunting for treasure is also an added perk. Overall, even though the economy is better now with no future risks predicted, the excitement that comes from saving money and hunting around for treasure while purchasing a unique piece still lingers.


Get Paid to Organize Your Closet

Selling clothing that is already used is a quite profitable adventure. Consumers think thrift stores are stores for used clothing but the market of used clothing includes various resale stores types with the clothing ranging from high-end fashion to inexpensive luxury bargains. National chains that have specialized in fashionable clothing already used are also available. Getting to learn what is required by most of the resale shops helps you in making money from used clothes. Steps to making a lot of money from selling secondhand clothes in thrift stores are;

1.) Learning the market.

Real thrift stores only receive clothes from donations. Other merchants for reselling such as specialized sellers in used fashion, antiques dealers and vintage retailers, pay cash at times for clothes that are appropriate. Consignment stores pay but only after the cloth is sold. Consider visiting retailers for used clothing or consignment stores. Get the guidelines followed to sell to such shops if provided. Call in advice to talk to the buyer for them to tell what is available in the shop and the terms of buying whether by consignment or outright.

2.) Preparing the clothing.

Increase your selling odds and making money at most through presentation of clean garments which are suited for resale. When the garment’s condition does not make it fit for gifting, then it can also not be sold. Check for items like missing test zippers, buttons and also cross check each item for rips or other forms of damage. Small hitches like a sweater pulls, pull using crotchet hook. Choose the best clothes and take them to resale shops before making any investment on repairs such that you access the worth of spending on fixing such flaws.

3.) Sorting the clothes.

Do not take all the clothes to a single shop. You should target specific clothes from particular shops in order to make lots of money. For instance, you should take to the highest consignment scale shop all your designer clothes, casual clothing to moderate featuring shop then vintage garments take them to vintage shops. Bring only clothing that the store is buying for the season. This boosts your reselling chances and saves most of your time. While presenting the clothes, arrange them on hangers or folded neatly as per the preference of the shops.

4.) Considerations to make while selling your used clothes.

Clothes with designer labels tend to attract the highest prices. When a store sells a jacket worth $300 at $100 and also pays additional consignment 50%, you make approximately $25 on its selling. As per NARTS, the resale professionals, 40% to 60% is made on the shop’s charges. In the present world, a lot of money is made on trending garments that are fashionable or appealing classics.

Whole outfit for less than 100 dollars? Where? In a thrift store!

Thrift stores are defined as the shops that sell secondhand clothing in addition to other family items, mainly to get funds for charitable institution. Thrifting is recommended as it is cheap and also enjoyable as you have the chance to experiment various colors or styles which might be too expensive to try out. For example, you can get an embroidered trousers with bright pink shirt at $30 in total.

Thrifting is quite a responsive and fun method of making a good deal from the budgeted shopping money. Thrift shopping not only provides rare, vintage and unique accessories for your house and wardrobe but also forms a recycling manner by reducing environmental waste in addition to sweatshop. Learn from your thrifting how, when and if to carry out your shopping. Thrift shopping is a green business which allows saving on money during shopping.

Thrift stores cut down prices.

Apparels in thrift shops are discounted at 50% and over. Other stores like Inspirations provide some additional discounts too. If the clothes in stock fail to sell in 30 days, an additional discount of 20 percent is cut away. Items like clothing sold in thrift stores are almost always unique such that as soon as you leave it tomorrow you might not get it.

How to shop.

Create a decision of what you are searching for.

Listing is considered a handy way while placing shopping objectives. You may also get ready for a hunt. Most thrift stores have organized there items as per item type, size, sex or another measure. Other shops are free-for-all warehouse and bins space. Get dressed appropriately then get prepared for lifting, tugging, sorting and also pushing for a way through the other hand clothes.

Try fitting in the cloths.

Without trying clothes on, you might not find their worth for your money. Ask for convenient fitting space fitted with a room or a bathroom to try out the outfit.

Additional tips about the best way to shop will be assessing the quality of the clothing and maintaining the vision of what you actually want.

1.) Knowing what you actually want.

Before purchasing anything in any thrift shop or shop, ask yourself if you really want it. The question will help especially when you intend to purchase something which is on trend. Reducing of prices can entice to get somethings. That is absolutely no pint of purchasing a affordable piece of fabric when you don’t want it or need it or perhaps ever wear it.

2.) Invest your income on Classics or Statements.

Be aware of the much you will spend on clothes in your monthly income. Consider budgeting most of our income on a single amazing item rather than spending much on useless items. Classic items elevate your design as well as such pieces of fabrics fit with anything.

3.) Family and friend’s cupboard shopping.

Accessories are largely in the exact same size such that they can fit anyone. Consider shopping for such items from your family and friend’s cabinets.

Reasons Why You Need to Try Shopping In A Thrift Shop

You’ve considered Shopping in a thrift store, but have never really done it. Well, here are all the reasons why you need to try shopping in a thrift store.

It’s Cheap
The main reason most People shop in a thrift store is as it’s cheap. It is so cheap you can experiment with a great deal of things. Once in a while, you might find a really valuable piece and buy it for so little.

For Charity
Thrift shops are generally For charitable organizations and community development. It is also established to assist the not so well off families.

You Get Genuine Stuff
In a thrift store, you get Superior quality products and may not be short-changed. You spend less on original stuff that costs more anywhere else.

Worth Your Time
When you get into a thrift Shop, you can never come back empty handed. There is always something for everyone, making your visit so worth it.

It Is Adventurous
Because a thrift store is Cheap, you might experiment different styles or designs that were too expensive to acquire in different stores.

Great For Making Friends
A lot of people visit Thrift shops.

Helps You Create Your Own Style
Once you find items at a Cheap price, you could easily make your own style.

Great When Moving To A New Home
Relocating can be Strenuous and full of challenges. You might move into a new home and find yourself lacking basic items. A thrift shop is definitely your best option.

It Is Guilt Free
Sometimes you purchase Something you really want and feel so guilty afterwards, considering the money you’ve spent. In thrift shop, you can’t ever experience any kind of guilt.

Teaches You The Value Of Money
As Soon as You store in a thrift Store, you will realize how valuable a dollar is. This will help you realize the value of saving.

You Always Get Precisely Everything You See
When buying garments from a Normal shop, they may resize on the first washing. Thrift store clothing are already laundered, ensuring you will always get same fit.

No More Annoying Salespeople
You have to do your Shopping without the constant disturbance from salespeople who want to produce a commission. You therefore become full privacy and ample time to do your shopping.

Contain Only More Than Clothes
In a thrift shop, you Think of these as a much cooler version of Wal-Mart superstores.

Minimizes Hoarding
You do not need to always Store everything you purchase. You did not purchase them at this expensive Price, making you feel alright with getting rid of them in future.

The Used Clothing Market In Africa

Used clothing market in Ghana

Most people have seen pictures of people in Africa wearing western clothes bearing the hippest logos. Where does all this fashionable looking clothing come from?

In fact, there is a huge trade in second hand clothes to Africa, much of it coming from the stores of Goodwill and charity shops across the western world. The amount of clothing donated to these organisations far exceeds the amount they can sell in main street thrift stores, and so much of it is exported. One of the US companies that sell used clothes for africa is A&E Clothing based in Carteret, New Jersey.

In every African market you can find entrepreneurs, often women, who set up a little clothing business selling imported “new to you” clothes. It’s a lifeline for many people, both the sellers and the buyers.

Why would African people want to buy second hand western clothes? For the same reasons as people anywhere in the world buy second hand clothes; they are affordable, offer a wide variety of choice, and are often better quality than locally made alternatives.

And of course, brands these days have international status. Young people especially want to identify with the clothing they see international sports and entertainment personalities wearing. An Adidas tee-shirt is a status symbol for kids throughout the world, the difference being that in Africa, youngsters may not be quite so discerning as to the most kicking version of that prized logo.

African clothes

African clothing needs are of course, in the main, for light, bright, comfortable fabrics which work well in the heat. But that’s not all people need – many African countries, South Africa for example, have cold winters which call for hats, sweaters and downy jackets. In a lot of places, there may not be the kind of rigid distinctions between male and female clothing that we are used too – people select what they like, and wear it with pride and pleasure.

Used Clothing…a Bargain Hunter’s Delight!

Used clothing for men

I, like many others, have always disdained second-hand stores. I never visited Goodwill Stores or St. Vincent de Paul or Salvation Army Stores. I naturally assumed they were for people so badly off they couldn’t even afford to shop at discount stores like KMart and Ross.

Of course, I’ve never been wealthy but worked and managed. However, as time went on I became aware of some of more subtle differences between cheap bargain clothing and the really good stuff that had originated in some of the better stores. I. Magnin, for example. Sadly gone now, but how many of us can afford to blow $1,000 on a men’s sports coat? if you peek into Nordstrom you’ll be shocked to see Bally shoes starting at about $450 and going up fast. Allen Edmonds shoes will set you back about the same, but this American shoemaker, like British bespoke shoemakers, will repair and renew your shoes for life so as an investment, they’re well worth the cost…but how many of us can afford that sort of expense, especially when we can buy a very nice pair of shoes for under a hundred dollars in many stores?

How many of us can stand the expense of $75 and up for a necktie and/or a shirt? At my age, I well remember when you might find Levi’s on a shelf down out of sight in some clothing stores. They were really only for cowboys and factory workers, and at $3.75 a pair, they were a good sturdy buy. Now, jeans are high-class and ridiculously high-priced casual wear.

So where are we going with this? Well, if you, as I do, appreciate gently worn really high-quality clothing for pennies on the dollar, maybe you’d better start checking out some of the thrift stores in your area.

Now I’m not saying the stores are bursting with top-quality merchandise, but the neat part is that most of the employees in such stores don’t try to differentiate between items of clothing. To most of them, a shirt’s a shirt, and a pair of shoes is a pair of shoes. When they do happen to think they’ve come across something of value, they may place a higher price on it, but that’s actually rather rare.

So you happen to be browsing among some well-worn shoes when you come upon a like-new pair of Allen Edmonds shoes and better still, you (if you’re like me) wear an 11B. You can’t walk into Nordstrom with a handful of money and pick those up. Special order and wait. A like-new jacket from I. Magnin for $10? I researched this online and a shop in Seattle has one very similar on sale for $850.00 (Oh yeah, it’s used too.)

After listening to a few friends I began checking around and now proudly own a wardrobe of some really fine clothing, all like new. Shirts, ties, trousers, jackets and oh yes, a $600 topcoat from Canada that I picked up for $8. Brand new. $600 6″ Italian boots for $20? Yes!

And needing a walking stick to help support me due to my one-eared lack of balance, I’ve come to appreciate collectible canes and now have more than my wife ever wanted me to have and each one is unique and collectible for about $3 a copy.

These stores like Inspirations Stores can offer much in every sort of merchandise from kitchenware to books for a dollar or so, but clothing is where the real deals are to be found, so go on down and at least check out some local thrift stores and you’ll see. (Just don’t expect to return goods and get your money back, so shop prudently!)

Sending clothes to third world countries – is it good or bad for African countries?


charity clothing africa

Charitable giving. Who could be against that? Especially this time of year, Tis The Season for Giving, right?
There are so many poor and disadvantaged children in Africa, that every little bit of help from companies like A&E Clothing is not only appreciated, but absolutely necessary.

Clothing is one of the three basic human needs, along with food and shelter. With over one billion people on the continent, one of the world’s highest birthrates, together with the fact that over half of the population is classified as poor, there is a desperate need for sending clothes to third world countries.

There is however a down side to all this foreign aid. While it might make us Westerners feel good about going out of our way to send clothes to third world countries, we have to ask if the result is really what we hope.

Studies have shown that charitable organizations that send the clothes abroad have no control over where the shipment ends up. Some just end up left on the dock, because no arrangements or contacts have been made at the destination. Others end up in the hands of the local black market economy, where they are shipped off to where they can fetch top dollar in areas that crave American and European goods.

Even when the clothes reach their desired destination, the most harm is done to local businesses. A textile plant or finished clothing business cannot compete with free stuff. Many developed industries have closed their doors when the markets were opened to charities. In many areas, there is no jobs to replaced these that were lost.

While sending clothes to third world countries may sound and feel like a great idea, it is not always worth the effort because of the unintended consequences.