So if you guys follow me on my Instagram then you would know that I just got back from vacation in Arizona on Friday. I also posted a video on my YouTube channel which was a Come Thrifting With Me vlog (you can watch that here). When I was in Arizona I went to a couple Goodwill’s and Last Chance. I went to Last Chance two days in a row because the stuff was SO GOOD and for such good prices that I had to go more than once. I also posted a video all about the stuff I bought to resell on Poshmark (you can watch that video here). I thought I would tell you guys a little bit about my strategy when I go sourcing when I am traveling.
I am on Instagram ALL the time and I follow a lot of resellers all over the country. They post their hauls and mention where they go sometimes in their videos so this has helped me to be able to see where other people are sourcing and getting their inventory. In Phoenix there is a store called Last Chance. There are only two locations in the United States, Phoenix and Chicago. Last Chance is a clearance store for Nordstrom. They send all of there overstock merchandise and returned items to Last Chance where they are then sold at a discounted price. I follow a few reseller on Instagram who mentioned they have been there and source there. I made it a mission of mine to stop in when I was there. Some of the items are damaged there so you have to really look at everything before you decide to purchase. Make sure you look through EVERY. SINGLE. RACK. People are always putting stuff back are trying to hide something in a different section. The store is always crazy busy and everything is usually messed up. I was looking through the Size 0-2 dresses and there were a bunch of size 12 dresses in that section. Make sure you are looking very carefully and look through everything.
Hit up the thrift stores. I am always going to thrift stores when I am in a new place. I only went to a couple Goodwill’s while I was in Phoenix, but I was able to get a sense of what the style was in that region. There were a lot of higher end brands, but everything was more laid back. There were a lot of t-shirts and jeans. This leads me to believe that people in the area like to wear higher end relaxed clothing. It is warm all year round for the most part in Arizona so there isn’t too much colder weather clothing in the thrift stores either. You need to be aware of where you are and what the climate is like when you are sourcing in other places.
Know that there is more than just the thrift stores. Yes, you can find clothes for cheap at the thrift stores, but there are other places to source too. Try going to Plato’s Closet or Clothes Mentor. When I was in Phoenix I didn’t hit up these places because I was too busy and it slipped my mind, but I really regret not checking them out. You can really good stuff there since the people that donate are pretty on trend people. They tend to be buying more expensive clothes than just your regular Forever 21, HM, and Rue21. They are typically buying MissMe Jeans, Lululemon, and adidas. They might be buying designer, but they are buying more expensive regular clothing.
Always know your end goal. This all depends on your specific business model, but just keep in mind how much you want to make off of your investment and your time invested into that item. It takes you time to drive there, source the item, bring it home, steam it, photograph it, list it, etc. Just keep in mind your bottom line and how much you want to make off of that specific item. If you purchase something for $5 and sell it for $20 that brings your Gross Profit to $16 and after COG it brings your NET profit to $11. You are still doubling your investment, but if you sell if for anything less than that then you might be wasting your time and money. It all depends on your business model, but just know that your time is money.
How are you getting your items home? When I went to Chicago I drove there so it was really easy to just throw all of my purchases in my car and drive home with them. It didn’t cost me any extra money since I was already paying for gas on my way home anyway. When I went to Arizona last week I had two options to get everything home. I would either have to pay for an extra suitcase or I would have to pay to ship it home. I ended up paying for an extra suitcase since my boyfriend needed some extra room as well. It only cost me $42 to bring everything with me and I was to going to end up paying that anyway because my boyfriend needed more room anyways. Just keep that in mind as well as you are doing your sourcing in other places because it can end up being very expensive to ship stuff home.
I hope you guys liked this post and found it helpful! Let me know any posts you would like to see in the future! Thank you for reading and I will see you in my next post!