Sunday, January 29, 2012

Entrepreneurship Post

Hi there! My name is Maryann. My idea for the Entrepreneurship project is to create an online thrift/vintage store. A thrift store is a secondhand store that sells items at a much cheaper price than retail. Not always, but most times, quality thrifting depends on your location. For example, as a native Marylander, I can attest that there are not many thrifting options available. In order to combat this, I usually conduct my thrifting online. 

Thrifting is an excellent shopping method that I think every college student should get into. The clothing from thrift stores is much cheaper and just as nice as the ones from retail. The thrift store would be online which would make the clothing available for everyone no matter where you are. As much as I love online shopping, I know it can be a hassle for those who prefer to try on clothes before they make a purchase. I would hope to provide plenty of visuals and make use of multimedia (such as mini videos describing the clothing items) in order to help consumers make a decision. In addition, I would have online stylists that can help consumers figure out sizing, looks, and other fashion-related things. I plan to update inventory on a weekly basis. After all, there is nothing more frustrating that visiting a store that rarely changes up their selection. 

I am a firm believer that fashion does not have to be expensive. After all, being a college student can be rough! After paying for books, food, entertainment, etc., there is not much left to spare for the fashion-forward college students. My aim is to keep my online store budget-friendly. Because the store would be second-hand and continually stocked, I am confident that this will be possible. 

7 comments:

  1. Would there be a physical component to the store? I am not entirely sure about how thrift stores work, but i think that a lot of them get donations. My only concern would be the buying process with students in that they would be looking to try on the clothing for fit and style perhaps more so with thrift since sizing would be all over the place.

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  2. I love to go thrift store shopping and this sounds like a pretty good idea, but what would make your website any different from other thrift store/vintage sites? What would be the name of your store? What time period of fashion would you be focusing on? What kind of sales would you have for college students?

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  3. This is a really good idea. Of course you can sell the clothes online. But, I think you can also develop the physical component to the store. For example, you can use your shop to store those secondhand clothes that others want to sell. And you can charge them storage fee, since you can provide a place for the consumers to try on the clothing. And as time passes, the amount of fee can increase. And this can also solve your problem of letting consumers find the cloth really fit them.

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  4. I think that is a great idea! I was thinking about something similar and I am trying to set up a website for college students in the need of small accessories. I really love the idea that fashion does not have to be expensive!! However, I guess maybe your idea is too big and you need to narrow it down to more specific details. You can talk about some parts you are most interested in, do small business on that and develop it.

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  5. i really like your idea since i love thrift shopping. however, i thought thrift stores were based on donations. i think creating a physical store, like on Marshall street, would be much easier to access and handle than creating a virtual website.

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  6. There is absolutely a good idea for people. I really like your idea. Selling clothes and small accessories can not only make cash, but it also can save resources. However, I dont think this online store will satisfy customers cause there is not a specific details about cloth you sell. Too much staff will make customers lose their patient.

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  7. I really like this idea, it is a great way for college students to spend the little money that they have. It is also very convenient for everyone because it is easily accessible online. My only suggestion would be to only sell one type of clothes (athletic wear for example) so that customers know what clothes the thrift store offers before they begin shopping.

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