Clothing is a medium that binds, protects, and expresses emotions. It is one of the main places where money is spent. With the increase in digital devices and apps that let you see and feel your clothing’s comfort, it has become a very popular place to spend money.
Apparel brands offer fashion ranges with different prices for the same piece of clothing. Some people will buy every single piece of fashion they get from one brand to the next, even if it is not always the best quality.
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Manufacturing costs
If you look at fashion labels, then you probably notice that they are very expensive. A pair of formal shoes can cost upwards of $100!
This is due to the fact that it requires a lot of research and production resources. These are used to determine the manufacturing of the shoe, how many pairs are sold per year, and how much each pair cost.
The more people buy a given shoe, the higher the cost! This is because there must be more money in the company than just one pair of shoes. Many do this to emphasize their image as top-of-the-line fashion brands.
Hardware stores and clothes shops have more affordable fashion trends available to them. You can go and find nice looking but not expensive clothing that you can wear every day! Plus, it will save you money in the long run because they have high quality products that are affordable.
Design costs
Even though we live in a world where everything is free, fashion has been a growing and shrinking industry for decades. From high fashion campaigns to more traditional clothing styles, there is always a market for fashion.
The problem is, people are expensive! When they spend money on fashion, it can be difficult to tell if it was worth it. Does the value match the cost?
To date, modern fashion has been very good at staying popular.
Retail space costs
In addition to having to pay for your own space, companies are densely occupied spaces. As a result, they’re paying for extra staff to handle the demand.
Many companies have designated floor space reserved for retailers. This is a draw because it knows it will get its product or service at an affordable price.
With so many retailers vying for limited product availability, every inch of floor space is valued. It is common for a retailer’s total sales volume to be less than the total square footage they need!
Because retail spaces are so big and company headquarters are often not, people who work at those companies must find a way to save money while still being comfortable and receiving quality products and services.
Cost-cutting measures can lead to large gaps in space between employees, making them feel like they aren’t getting their fair share of the market.
Luxury brands
While the majority of your wardrobe is budget friendly, some expensive pieces will see you through. These are pieces that are worth wearing over and keeping!
When looking at expensive items, be careful not to get too excited. It is important to keep your sense of awareness towards your money when shopping, so don’t let yourself get carried away.
Also, keep an eye out for deals or promotions that may have reduced-price materials. You would be surprised how many expensive brands offer free shipping as a perk, so go ahead and give them a shot!
Finally, know what normal people wear size-wise and how small you should buy size down when shopping for clothes.
It’s a status symbol
Clothes are a medium of sorts that focuses people’s attention onto you and what you are wearing. It is one of the first things people notice about you.
When a person sees how expensive expensive clothes are, they will think to themselves, “I cannot afford this.” But after they see how much it costs in consumerism and social status, they will purchase it due to the fact that it looks good on them.
It is very rare for someone to go without clothes for long periods of time. People feel like they need to be looked at or approved of if they don’t have too many clothes on.
Consumers want the latest fashion
More and more people are moving towards fashion forward attitudes, showing off their personality through fashion. While some people enjoy the traditional styles that are in vogue today, others prefer the new trends that emerge every season.
From new silhouettes and color trends to once-popular items being re-evaluated and returning to style, there is a reason clothes cost what they cost. Re-evaluations occur frequently as new trends emerge and old ones die out.
These re-evaluations include money talks, as people often focus on how much they are spending when buying clothes. Buying a new dress costs you maybe $50, but if you have money to spend $50 worth of clothing, then by all means buy it!
But why $50? Why not something less or no admissions that you spent too much? Here are some tips to help reduce money talk when buying clothes.
Fragile fabrics
A lot of clothing is made out of fragile materials such a paper, vinyl, foam, and leather. When these materials are expensive, businesses charged more for them.
If you were to drop or otherwise damage the clothing you were paying full price for, you would then have to pay for a new garment. This is why so many new clothes are shipped pre-launded which takes away some of the cost associated with a dry cycle.
Old clothes can be fun to look through. If you are lucky enough to have many nice old clothes, you can sell them on eBay or another online marketplace. Try looking through your own clothes if it is warm enough outside!
Newer technologies have saved money by reducing the need for expensive washers and dryers though.
Wash instructions make fabrics degrade faster
We talk a lot about how important it is to follow washing instructions when wearing clothes. This is one of the most overlooked parts of fashion spending!
Washing garments can lead to stuck payments, damaged goods, and possibly overtime if the garment is very delicate. It is recommended to wash all garments separately unless specifically stated otherwise in the product description.
If you want some extra proof that your piece was washed properly, look for faint water droplets or small bubbles on the clothing. If any of these things are present, chances are it was likely dryed or washed recently.