or Connect
Styleforum › Forums › Men's Style › Streetwear and Denim › Official Sales Alert thread
New Posts  All Forums:Forum Nav:

Official Sales Alert thread - Page 1504

post #22546 of 37985
Quote:
Originally Posted by StockwellDay View Post

This is false. What it seems to have happened (this is based on inference from the posts here) is that Porter has recognized its best customers, those who have spent a over certain of threshold during the year the and given them a shot before the founding members. In fact, i've seen no evidence this year that founding members will be recognized with sale access before the general public.

As a founding member, I was told the same thing. No founding members sale scheduled this time around and "certain members" would be notified of exclusive private sales. I guess I didn't spend enough last year to qualify this time. smile.gif

It was nice while the Founding members sale lasted...I've been the beneficiary of Lobbs, RLPL, T&A and Brioni the last couple of years so I can't really complain. Back to Plebeian status smile.gif
post #22547 of 37985
It would be rather pointless to have founding member status if there is in fact no sale then the generic 30 off. Would leave little reason for me to buy little if anything.

My money is going to sp, sw and tbs.
post #22548 of 37985
Quote:
Originally Posted by notwithit View Post

I'm just gonna go ahead and leave this right here (works on H&MMM):
ViewFile69191.jpg

only in US mad.gif

post #22549 of 37985
Quote:
Originally Posted by Raindrop View Post

I actually really like Porter's approach..giving early access to people who've spent over a certain threshold.

But, if that volume is accumulated at 50% off how does it benefit Porter? Most of their margin gets cut out. I think it should be a random pleasant surprise for all those receiving their email messages with a limitation of 10K (maybe a bit high) so people don't start flipping shit on ebay
post #22550 of 37985
Quote:
Originally Posted by StockwellDay View Post

This is false. What it seems to have happened (this is based on inference from the posts here) is that Porter has recognized its best customers, those who have spent a over certain of threshold during the year the and given them a shot before the founding members. In fact, i've seen no evidence this year that founding members will be recognized with sale access before the general public.

Makes sense. I'm a "founding member" but have only bought a couple things at 80% off.
post #22551 of 37985
Marni outlet Orlando presale, 11/17-11/22. This is the outlets' outlet, so the prices are as low as you'll find but the inventory is a bit hit and miss (mostly miss).

Additional 40% off FW 2010 (70% off retail)
Additional 70% off FW 2008 (85% off retail)
post #22552 of 37985
Thread Starter 
Quote:
Originally Posted by palma View Post

But, if that volume is accumulated at 50% off how does it benefit Porter? Most of their margin gets cut out. I think it should be a random pleasant surprise for all those receiving their email messages with a limitation of 10K (maybe a bit high) so people don't start flipping shit on ebay

That volume is not accumulated at 50% off. A common business model is to give VIP status to those who spend a crapload at retail. The 50% off just allows those shoppers to feel special and feel justified about a small splurge.

Also, there is absolutely no reason to put a ceiling on their purchases because they are afraid of flipping. First of all, the majority of those who are spending thousands at retail are unlikely to flip anything on Ebay. Second, for professional jobbers, the margins just aren't there. A big chain like TJ Maxx buys out at something like $0.08 on the dollar, which is actually on the high side. A big store will sell excess inventory to them or Yoox because it's convenient to just get rid of a crapload of stuff and recuperate some of your costs. A small jobber will pay a bit more - I've heard in the $0.10 to $0.15 on the retail dollar. And even then, if you sell at $0.30-$.40 on the retail dollar, you have to do pretty well to make up your margins. Buying at $.50 on the retail dollar from Mr.Porter, what sort of margins do you think you can get? And factor in that you only really have a couple of months to move all your inventory, because after that, the same stuff will go for $0.30 on the retail dollar, from Mr. Porter itself, without all the uncertainty that buying from a random guy on the internet entails.
post #22553 of 37985
Quote:
Originally Posted by LA Guy View Post

That volume is not accumulated at 50% off. A common business model is to give VIP status to those who spend a crapload at retail. The 50% off just allows those shoppers to feel special and feel justified about a small splurge.
Also, there is absolutely no reason to put a ceiling on their purchases because they are afraid of flipping. First of all, the majority of those who are spending thousands at retail are unlikely to flip anything on Ebay. Second, for professional jobbers, the margins just aren't there. A big chain like TJ Maxx buys out at something like $0.08 on the dollar, which is actually on the high side. A big store will sell excess inventory to them or Yoox because it's convenient to just get rid of a crapload of stuff and recuperate some of your costs. A small jobber will pay a bit more - I've heard in the $0.10 to $0.15 on the retail dollar. And even then, if you sell at $0.30-$.40 on the retail dollar, you have to do pretty well to make up your margins. Buying at $.50 on the retail dollar from Mr.Porter, what sort of margins do you think you can get? And factor in that you only really have a couple of months to move all your inventory, because after that, the same stuff will go for $0.30 on the retail dollar, from Mr. Porter itself, without all the uncertainty that buying from a random guy on the internet entails.

They should just go on pure profit rather than revenue when calculating status - who cares if people buy on discount if they make you more money?
post #22554 of 37985
Quote:
Originally Posted by LA Guy View Post


That volume is not accumulated at 50% off. A common business model is to give VIP status to those who spend a crapload at retail. The 50% off just allows those shoppers to feel special and feel justified about a small splurge.
Also, there is absolutely no reason to put a ceiling on their purchases because they are afraid of flipping. First of all, the majority of those who are spending thousands at retail are unlikely to flip anything on Ebay. Second, for professional jobbers, the margins just aren't there. A big chain like TJ Maxx buys out at something like $0.08 on the dollar, which is actually on the high side. A big store will sell excess inventory to them or Yoox because it's convenient to just get rid of a crapload of stuff and recuperate some of your costs. A small jobber will pay a bit more - I've heard in the $0.10 to $0.15 on the retail dollar. And even then, if you sell at $0.30-$.40 on the retail dollar, you have to do pretty well to make up your margins. Buying at $.50 on the retail dollar from Mr.Porter, what sort of margins do you think you can get? And factor in that you only really have a couple of months to move all your inventory, because after that, the same stuff will go for $0.30 on the retail dollar, from Mr. Porter itself, without all the uncertainty that buying from a random guy on the internet entails.

 



I agree. I doubt that the majority of individuals purchasing high volumes of expensive clothing spend their time flipping on the B&S forums and ebay. They are probably out in the real world, making large salaries...so they can spend them.

post #22555 of 37985
lol8[1].gif
post #22556 of 37985
Quote:
Originally Posted by jet View Post

lol8[1].gif

 

nest.gif

post #22557 of 37985
Quote:
Originally Posted by Hype1234 View Post

I agree. I doubt that the majority of individuals purchasing high volumes of expensive clothing spend their time flipping on the B&S forums and ebay. They are probably out in the real world, making large salaries...so they can spend them.

I seem to recall one of the resellers on the RRL thread whining about having to sink a hundred grand on inventory (on steep sale) just to bring in enough to live on each month. That's about the point when I stopped reading that thread.
post #22558 of 37985
Thread Starter 
Quote:
Originally Posted by akatsuki View Post

They should just go on pure profit rather than revenue when calculating status - who cares if people buy on discount if they make you more money?

You don't make more money. If you sell everything at discount, you are taking a loss, and eventually go out of business. Running a business takes a lot of overhead. Retail is a notoriously tough business. I think that only the margins for restaurants are more slim.

Do some quick calculations on the back of an envelope, or take a business class.
post #22559 of 37985
Some of the biggest margins I've seen on small businesses were from restaurants, but I guess it depends to what you compare it to.

Agree with the other part though, almost any kind of store needs a really big margin to survive(and grow).
post #22560 of 37985
Quote:
Originally Posted by StockwellDay View Post


This is false. What it seems to have happened (this is based on inference from the posts here) is that Porter has recognized its best customers, those who have spent a over certain of threshold during the year the and given them a shot before the founding members. In fact, i've seen no evidence this year that founding members will be recognized with sale access before the general public.

This.  I didn´t receive anything about fouding member´s sale. And I didn´t get any VIP one because I´ve only shopped 3 times (6 items overall I think). Sucks if there really isn´t going to be a previous sale before going public  :/

New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Streetwear and Denim
Styleforum › Forums › Men's Style › Streetwear and Denim › Official Sales Alert thread