What Do We believe of ‘Renting’ designer Handbags?
Over the past few months, I’ve written at length about the increase of secondhand buying as well as the numerous associated benefits, be it financial, environmental, as well as beyond.
As a refresher, what I discovered was rather eye-opening. Today’s consumers are much more concerned with sustainability as well as recycling than ever before. believe of it as the “rise of the mindful consumer,” as thredUP, the world’s largest on the internet thrift store, coins it. keeping that comes consignment, which satisfies the two most significant demands of consumers today, according to thredUP’s 2019 Resale Report. It enables them to be often seen in new styles, in addition to preserve their stance as “conscious consumers.”
Suffice to say, we’re living in a golden age of sorts for resale, projected to reach $41 billion by 2022, according to thredUP. Fashionphile, a similar on the internet fashion resale site specializing in women’s high-end items, is on track to offer $200 million worth of products in 2019, up 50 percent from a year ago.
With that comes the idea of ‘renting’ or testing out a designer handbag. Specifically, a few of the most significant consignment companies, including Rebag as well as Fashionphile, offer six-month buy-back programs.
What precisely does that mean? Simple. purchase a bag in January for $1,000, as well as come June, just about six months later, you can offer back that exact same bag for anywhere from 50 to 80 percent of what you paid. (Percentages vary from site to site.) the very best part is, specific sites, including Fashionphile, will really provide you the money back, versus a store credit rating to spend on a new bag. keep in mind, there are terms to this agreement, such as what type of condition the bag should be returned in.
Either way, this type of program provides purse purchasers the possibility to try a bag without the risk. Not sure if that flap you’re eyeing is useful sufficient as an daily bag? Wondering if that carry is a bit as well big for you to bring long-term? purchase as well as return six months later, as well as it’s as if you’ve rented the bag without losing much in the process.
Of program you have to be comfortable with losing a few of the funds you originally invested in the bag when you paid for it. However, the exact same rings true when renting anything, from cars and trucks to designer dresses. Not to mention, this likewise takes the hassle out of a prospective future consignment.
I personally haven’t taken advantage of a buy-back program yet, though a few of the bags in my collection were bought from Fashionphile, which provided me the choice to offer back the pieces within six months. I’m curious to hear from any type of visitors who have opted to offer back their bags. anybody out there? If not, would you think about trying this out for yourself?
As purse costs continue to increase (We’re taking a look at you, Chanel.), I’d state this is a excellent method to try out your supreme dream bag without feeling like you’ve got no method out if you eventually choose the bag isn’t for you. (Trust me, we’ve all been there.)