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> Thrift store pricing: It's disappointing. When I read things like this, I laugh when people think that it's possible to bring much manufacturing back to the
by hn_throwaway_99 1y ago
> Thrift store pricing: It's disappointing.
When I read things like this, I laugh when people think that it's possible to bring much manufacturing back to the US.
The thrift store I volunteered at was for an animal charity. After paying rent and some salaries, the general rule of thumb was that we were able to convert volunteer hours to profit at about minimum wage rates (and I mean ~$8/hr rates, not "living wage" rates).
So, to be honest, your post made me unreasonably angry. No, thrift stores are not a front, they're not stupid, and they have certainly noticed the cheap crap from Shein and Temu. The issue is that crap is produced incredibly cheaply - literal peasant wages and zero pesky things like environmental regulations.
So where I volunteered, we originally had standard prices for all non-designer clothes, e.g. $5 for short sleeve shirts and shorts, $7 for pants, etc. It would simply take much too much time to try to price everything individually. And, for most clothes, these were great deals. But when cheap fast fashion came along, we had a rule we would just throw away any of that shit. But every now and then something would make it onto the floor, and we'd have an irate customer basically say what you are saying, "How can you charge $7 for this pair of pants when they're like $10 new." So then we'd apologize, and explain that we usually threw that stuff away. People just couldn't understand that we couldn't sell it for less without essentially making the thrift store not turn a profit, even though the products were donated.
- creer 1y ago> The issue is that crap is produced incredibly cheaply Not all of this is crap, far from it. I am selective - and get good results buying online (no choice - brick-and-mortar stock is sad and too uniform.) But thing is, "incredibly cheaply" is the reality of the world. We can ignore it or we can live with it. To reconcile with you: more freedom in pricing by whoever does that task might make sense. And some sections here do have a more interesting strategy where clothes are priced higher initially, then come down in price systematically week after week. Which the tableware departments never seem to use. > we couldn't sell it for less without essentially making the thrift store not turn a profit, even though the products were donated. And then you do have a problem also, because the result is no-sale, less-traffic and sending people to fast fashion, and Ikea.
- wffurr 1y ago>> "incredibly cheaply" is the reality of the world We, via our government, could also insist on trading partners having and enforcing environmental standards and fair trade practices. But that means higher prices for which people will vote against, environment be damned.
- creer 1y ago> People just couldn't understand that we couldn't sell it for less without essentially making the thrift store not turn a profit, even though the products were donated. Let's also watch out how we think about enterprises. (1) The customer - most anyway - isn't concerned with the purpose of the thrift store, with whether it's making a profit, or even really with how the store gets the product. They are looking for the things they need, at a better price than otherwise. Some costumers are exceptions, sure. (2) The thrift store needs to make money to pay a few employees, the lease, and its sponsor if there is one (like this animal charity). Running a thrift store does not garantee that it will make this much money. (3) Even the people providing the stuff have a choice of places where they can do that, including putting it in the trash or listing for free on Craigslist & Co. They may want to favor the thrift store but if the thrift store makes itself sufficiently difficult or irrelevant, they will choose another way. (4) Even you volunteering for the thrift store as a way to donate to the animal charity have choices: You evaluate that volunteering your time provides about minimal wage to the animal charity. This may or may not be your best deal on how to convey money to that charity. More generally these are fundamental points of economics: (a) wishing for things doesn't make them so. (b) The economy is the result of a lot of independent people thinking for themselves.