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Closet Exchange

  Presented to …
   on March 5, 2012
      By Karen Dang
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Closet exchange, first draft

Notes de l'éditeur

  1. You run out of closet space, you're bored of your clothes, you've gained a few pounds. Whatever the cause, your clothes just aren't doin' it for you anymore. The problem is you can't afford to buy a new high-quality wardrobe unless you take on a water-and-gum diet for the next month.
  2. Women who want designer clothes at affordable prices!
  3. The recent recession has changed the mindset of shoppers across the nation– regardless of their socio-economic position, shoppers want to save wherever they can. This store is allowing them to do that without looking like they’ve given up fashion for finances.
  4. Members bring in their lightly used designer or vintage clothes and I try my best to sell them at a fair price for up to 2 months. The previous owner gets 40% of what the clothes go forthe new owner walks away with a cute new outfit without breaking the bankAfter 2 months, if the clothes haven't been sold, the owner can choose to take her clothes back or give me permission to donate them to charity. With the help of our members, this store will boast fun and flirty articles of second-hand clothing at prices that will allow shoppers to make that Pink Berry stop on the way home!Pricing metrics?
  5. Low capital investment since the majority of inventory will be coming from clients and partnersThe only initial capital needed will be space rental, peripheral equipment (hangers, racks), furniture and décor