If you love designer labels but can’t afford designer price tags, you may want to consider shopping at consignment stores. You can find great designer goods at discounted prices. Whether you live in the city or the country, it’s easy to find a luxury consignment shop in your local area or online.
Consignment shopping, once considered taboo, is now considered chic. For most women who are interested in designer labels, it’s a great way to stock up on fashionable clothes, shoes, handbags and jewelry while saving money. Upscale consignment shops carry designer clothes and accessories that are often barely used by original consumers. The consignor typically receives 30 percent to 40 percent of the sale price when an item sells, and the consignment shop keeps the rest. Many online consignment shops offer sellers a larger percentage of the profit because overhead is lower than in a retail store.
While consignment shops offer great prices on designer items, it’s important to make sure that designer labels are authentic. Take a look at some helpful consignment shopping tips:
Watch Out For Fakes
Whether shopping in a retail store or online, it’s important to watch out for fakes. To prevent purchasing a fake designer item, shop at high-end consignment shops with a policy of taking back any item that turns out to be fake. How can you spot a counterfeit? Before buying, visit an authorized retailer and familiarize yourself, feature by feature, with the real thing like zippers, stitching, lining and label details. Many designer goods, like Chanel, Prada and LV, have serial numbers.
Bargain for Better Prices
Some consignment shops are not flexible on prices, but most are willing to negotiate or bargain for lower prices. Haggling on prices for used goods has become an accepted part of shopping in most consignment shops. Surveys indicate that at least 25 percent of adults say they would consider buying designer goods at consignment shops to save money, and 50 percent say they are willing to try bargaining for better prices.
Buy Unusual Colors
When you’re shopping for designer handbags and shoes, look for items in unusual or seasonal colors. These items tend to go on sale much more often than classic colors, especially black. If the item is real leather, but in a color that doesn’t fit your wardrobe, a leather repair service can dye the item black for around $50 or less.
Subscribe to a Retailers Newsletter or Email
Many retailers offer a welcome discount of 10 percent to 20 percent when you sign up for their newsletter or download their app. If you’re a regular designer shopper, special discounts can save you hundreds or thousands of dollars each year on designer merchandise.