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***The official Alden thread *** - Page 2566

post #38476 of 86705

What do you think J.Crew's profit margin on the Alden shoes?  But it seems they intentionally hold off couple Alden models from the sale two nights ago.  I really have no idea if it is intentional or not. One thing I noticed different from their disclaimer is:

 

 

Copied from J.crew website:

*25% offer valid on purchases of $150 or more before taxes are added. 30% offer valid on purchases of $250 or more before taxes are added. Valid on qualifying purchases made in J.Crew stores or at jcrew.com from 11/29/12, 12:01am ET through 12/2/12, 11:59pm ET. Offer is not valid at J.Crew Factory stores; jcrewfactory.com; J.Crew 769 Madison Avenue, NY location; Ludlow Shop at 50 Hudson location, NY; Ludlow Shop at Copley, MA location, or on phone orders. Offers cannot be applied to previous purchases or the purchase of gift cards and cannot be redeemed for cash or combined with any other promotion. To redeem online, enter the code WINTER at checkout. Discount not valid on purchases of certain third-party branded merchandise or men's suiting. Free shipping is valid for shipments to the U.S. and Canada on online orders of $150 or more, before taxes are added, shipped via regular ground shipping (3 to 6 business days). Offers are valid in the U.S. and Canada only. Terms of offers are subject to change.
 

 

They used to say "discount is not valid on all the third-party branded merchandise"   I tried to put a Barbour jacket in the cart two days ago and the Bedale jacket was discount to $260.  I probably agree with dotcomzzz about their marketing strategies.   One thing I can say is J.Crew is screwing up the Alden economies here.  I am not sure if that contribute to the decline of quality control since J.crew is helping them to sell so many shoe a day.  

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post #38477 of 86705
It seems to consistently happen at least once a year around the holidays, right? It has to be intentional. It's probably both about marketing and managing inventory.

I am curious about what a retailer's cost on a pair of Aldens is. I highly doubt J. Crew is taking a loss selling them at 30% off. The rarity of Alden discounting is probably contractual, much like how Filson has historically tried to control retailer's ability to discount.
post #38478 of 86705
Quote:
Originally Posted by Edmund K View Post

What do you think J.Crew's profit margin on the Alden shoes?  But it seems they intentionally hold off couple Alden models from the sale two nights ago.  I really have no idea if it is intentional or not. One thing I noticed different from their disclaimer is:


Copied from J.crew website:
*25% offer valid on purchases of $150 or more before taxes are added. 30% offer valid on purchases of $250 or more before taxes are added. Valid on qualifying purchases made in J.Crew stores or at jcrew.com from 11/29/12, 12:01am ET through 12/2/12, 11:59pm ET. Offer is not valid at J.Crew Factory stores; jcrewfactory.com; J.Crew 769 Madison Avenue, NY location; Ludlow Shop at 50 Hudson location, NY; Ludlow Shop at Copley, MA location, or on phone orders. Offers cannot be applied to previous purchases or the purchase of gift cards and cannot be redeemed for cash or combined with any other promotion. To redeem online, enter the code WINTER at checkout. Discount not valid on purchases of certain third-party branded merchandise or men's suiting. Free shipping is valid for shipments to the U.S. and Canada on online orders of $150 or more, before taxes are added, shipped via regular ground shipping (3 to 6 business days). Offers are valid in the U.S. and Canada only. Terms of offers are subject to change.

 

They used to say "discount is not valid on all the third-party branded merchandise"   I tried to put a Barbour jacket in the cart two days ago and the Bedale jacket was discount to $260.  I probably agree with dotcomzzz about their marketing strategies.   One thing I can say is J.Crew is screwing up the Alden economies here.  I am not sure if that contribute to the decline of quality control since J.crew is helping them to sell so many shoe a day.  
I don't think J. Crew's profit margin is much because they can't really dictate the prices. From my observation, the Aldens are more or less in line with other similar Alden shoes sold by other retailers, give or take a few bucks. I think J. Crew is using brands like Alden and Barbour as leverage no doubt. I used to think J. Crew was on par with Banana Republic as being an upper end mall brand several years ago. But because they now carry high quality brands that are pretty much SF approved, it pushed them into unmarked territory of a mall brand with a boutique niche appeal.

I also know that J. Crew is very popular with college kids, a lot of them with J. Crew cards. Those kids would like shoes from Alden, but can't really afford $500 shoes at that point in their lifetime. With this 30% off sale, it gives enough justification to pull the trigger and put the charge on the J. Crew card because they will save 30%, not knowing that the APR rate is just as much, or probably nearly the same as the discount in the first place.
post #38479 of 86705
The stock seemed limited too. I bought a 7.5 indy, after checkout I went back to see if 7.5 was an option and it wasn't anymore.
post #38480 of 86705
I was at the Edward Green show at Leffot yesterday and spoke with Steven... For those that preordered some Alden models a couple of months ago (like the Color 8 Tanker, natty chromexcel longwing, Indy on commando sole, etc), Leffot expects those models to arrive this month

I'll work on getting Steven to switch out the crepe sole on the whiskey/black saddles to leather for his next order...
post #38481 of 86705
J Crew uses brands like Alden, Barbour, etc to get people into the store and onto the website to buy the J Crew branded merchandise. They make some profit margin on the third party branded merchandise, but make a higher margin on their own stuff. Guys may walk looking for an Indy boot but end up with an Indy boot, a sweater and a shirt as well.

Not sure if the sale was a mistake or not. In store I know J Crew retailers are hesitant to give discounts on the third party brands when on sale. I've had a store manager offer me a discount on Quoddy, but not Alden. RL also has inconsistency when discounting their cordovan Marlows during their sales (SAs will say Marlows are excluded, but they end up being discounted online, for example)
post #38482 of 86705
What soles are on the BB unlined LHS? Is it just a standard single leather sole? The BB website doesn't specify. They're so comfortable I've basically just been alternating them recently (I have both the color 8 and black).
post #38483 of 86705
as someone who has worked with online promo codes for years, my guess is they just screwed up by not excluding Aldens. its humans who create these codes, and normally the person who actually creates it in their back end system is a relatively low level employee following the instructions of someone higher up the food chain. these people, like everyone else, are prone to mistakes, especially when the logic behind the code probably mandates extra work to exclude certain items. very easy to just not tick an extra box, or not completely understand what 3rd party merchandise, or maybe the instructions weren't super clear w/ this code, etc etc.

the simplest explanation is normally the correct one - someone just screwed up
post #38484 of 86705
I think the sale was intentional. Alden is a company that never allows its products to go on sale (like Apple or Bose). J.Crew doesn't put the shoes on sale often because it would get a slap on the wrist from Alden. So on most of the sales they exclude the shoes.

This sale was intentional though. They specifically removed certain models in order to move the stock they needed to move. It probably lasted until an angry Alden executive made a phone call.

If it was a mistake it would have been fixed by the morning after the sale started. No way they would have let it go for a couple days.

I bet there is a love / hate relationship with Alden and J.Crew. Alden probably gets annoyed they have to watch J.Crew's back all the time in regards to their discounts, but probably loves what J.Crew has done to help the volume of their sales. And that is why they can get away with it once a year or so. J.Crew behaves most of the time.
post #38485 of 86705
Quote:
Originally Posted by makewayhomer View Post

as someone who has worked with online promo codes for years, my guess is they just screwed up by not excluding Aldens. its humans who create these codes, and normally the person who actually creates it in their back end system is a relatively low level employee following the instructions of someone higher up the food chain. these people, like everyone else, are prone to mistakes, especially when the logic behind the code probably mandates extra work to exclude certain items. very easy to just not tick an extra box, or not completely understand what 3rd party merchandise, or maybe the instructions weren't super clear w/ this code, etc etc.
the simplest explanation is normally the correct one - someone just screwed up

And this is what J.Crews says to Alden executives when they call and complain. It is a very good and believable excuse. I still think the sale was intentional though smile.gif
post #38486 of 86705
Quote:
Originally Posted by slam View Post

I think the sale was intentional. Alden is a company that never allows its products to go on sale (like Apple or Bose). J.Crew doesn't put the shoes on sale often because it would get a slap on the wrist from Alden. So on most of the sales they exclude the shoes.
This sale was intentional though. They specifically removed certain models in order to move the stock they needed to move. It probably lasted until an angry Alden executive made a phone call.
If it was a mistake it would have been fixed by the morning after the sale started. No way they would have let it go for a couple days.
I bet there is a love / hate relationship with Alden and J.Crew. Alden probably gets annoyed they have to watch J.Crew's back all the time in regards to their discounts, but probably loves what J.Crew has done to help the volume of their sales. And that is why they can get away with it once a year or so. J.Crew behaves most of the time.

I bet Alden has a very, "quod me nutrit me destruit" feeling about JCrew.

We'll never know if it's intentional or not. I think, if it is a mistake, it's one they don't really mind making. Like I said a few pages back, they are probably happy to draw in any Alden customers they can, as someone dropping $500-600 on a pair of shoes most likely has a few bucks to buy some other JCrew products.
post #38487 of 86705
I take my aldens and leave. J crew is garbage
post #38488 of 86705
Quote:
Originally Posted by makewayhomer View Post

as someone who has worked with online promo codes for years, my guess is they just screwed up by not excluding Aldens. its humans who create these codes, and normally the person who actually creates it in their back end system is a relatively low level employee following the instructions of someone higher up the food chain. these people, like everyone else, are prone to mistakes, especially when the logic behind the code probably mandates extra work to exclude certain items. very easy to just not tick an extra box, or not completely understand what 3rd party merchandise, or maybe the instructions weren't super clear w/ this code, etc etc.
the simplest explanation is normally the correct one - someone just screwed up

Yeah also people in SF have such skewed perceptions of real life. Most people have no idea what Aldens are, and when setting up a code, the employee would not think "Alden's rarely if ever go on sale, I need to exclude them" but instead it would just be a set of shoes made by a third party
post #38489 of 86705

Picked up my jcrew #8 captoe boots from the cobbler this morning (getting topied). The lady behind the counter said they have been showing them off to other customers biggrin.gif. She did not know about the brand before those boots came through.

post #38490 of 86705
Treated the whiskey Indys with Saphir Reno and Alden ran paste wax this AM...

yvusypuj.jpg
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