A thrift store is a site where people can give unwanted clothes to be resold to new customers. This is why thrift shopping is often known as secondhand clothing or secondhand shopping because the clothing is not brand new and has already been used or worn.
Thrift stores often feature more than simply clothes items, such as outdated jewelry, shoes, or even decorative antiques to showcase around your home. In actuality, the term “thriting” refers to going shopping for anything that has already been used, such as old clothing, furniture, or retro equipment like old cameras or electronics that may still work. In this sense, thrift shopping can also be referred to as going to the flea market or a garage sale.
However, the difference between thrift shopping and a flea market is that a flea market usually encompasses several blocks with several different types of vendors, whereas a thrift store is usually a smaller-sized outlet that specializes in selling second-hand items. A garage sale is when an individual sets up their old toys, books, clothes, and furniture in their garage, yard, or driveway for sale for those in the neighborhood to shop through – hence the name a “garage sale”, as many Americans keep their old “junk” hidden away somewhere in the garage.
Thrift stores are therefore often much less expensive than purchasing an entirely new garment, as the clothes can often already be worn out with holes, patches, and disrupted seams. However, many find this appealing about shopping at a thrift store – as the clothing can have a story behind it, or have more “character” for its unique rips or tears. Clothing from a thrift store can also often be deemed as, “one of a kind” – as the article of clothing they found isn’t mass-produced like something that might be bought at large department stores like Target, Macy’s, or Nordstroms.
Thrift stores have become increasingly popular amongst younger generations, as styles are continuously changing and it’s too difficult for young people’s wallets to keep up with the revolving trends. However, there are many more reasons why thrift stores have grown in popularity.
Thrift shopping used to be predominantly known as a type of charity – where people would shop for second-hand clothing with the financial earnings from the thrift store to be donated to a worthy cause. However, most thrift shops do not adhere to this old motto any more – and many thrift shops do in fact aim to make a profit, often buying clothes from the individuals that offer their old clothes for less money then they will ultimately sell it to new customers.
Many people prefer to shop at a thrift store these days, but their reasons for doing so vary. For instance, many prefer to shop at thrift stores as it’s seen as more an activity than a calculated shopping experience. In other words, most people don’t go to the thrift store with a concrete list of what they need or what they’re going to buy – but see it as more of a mysterious activity to see what they might find at the thrift store.
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Think of the difference between thrift shopping and going to a department store as the difference between going on a trip for vacation or for business. On a business trip, everything you are going to do is mapped out and calculated with a very specific purpose and end-goal in mind. On the other hand, going on vacation is more spontaneous and you often don’t have a set plan – but rather are enticed by where the free days will take you. Thrift shopping is just like going on vacation, it’s more for pleasure than it is for finding a specific item to buy.
How to Shop at a Thrift Store?
There’s a thrill in picking up a finely crafted blazer at a thrift store, only to discover that it’s vintage Dior. And it costs $40. Or you buy cheap glass candlesticks and turn them over to discover they’re Tiffany crystal.
Finding that unexpected treasure is one of the finest parts of thrifting, and once you know what to look for, it appears that more once-in-a-lifetime finds begin to come your way. Are you ready to start channeling your luck at the thrift shop? Here are 14 expert-approved techniques for saving money when shopping secondhand.
Always Pull Over
Natalie Wong, decorator and owner of Ktown Château, never turns down the chance to make an impromptu thrifting stop. “Yard sales, garage sales, or church rummage sales. Always stop and pull over. These are hit or miss, but when they’re a hit, you could score that mid-century modern lamp for $10 that would have cost $1,000 in a vintage store,” says Wong.
Go Early and Often
“‘Professional’ thrifters like to get to secondhand shops before they open so they can be the first one in the door and the first to get their hands on any items that were put out overnight,” says Marielle Conlon of That Table Lady. Early arrival and frequency will boost your chances of finding the treasures before other shoppers do.
Try on Anything and Everything
For clothing, you might find that sizing is completely different from what you expect when thrifting. Older items will run small, while unfamiliar brands might have skewed sizing compared to what you’re used to. Plus, there’s always that one J. Crew sweater that ran incredibly big, and the buyer waited too long to return—now it’s at a thrift store waiting for you.
Look for Name Brands
“It goes without saying to check for holes and any other defects, but if you find a quality name brand, those just factor into the cost of the piece. I have bought designer pieces for a few bucks but spent much more repairing moth holes. It’s worth it to me to get a special item of clothing,” says Anna Weaver, a vintage home and decor seller who also has a penchant for thrifted clothes. And if you find a brand you know and love? Be ready to try it on quickly and make snap decisions. “Wear a tight-fitting shirt so you can quickly try tops on in the aisle. I’ve also been known to wear a skirt with tights to try on pants—much to the horror of my children,” says Weaver.
Check the Racks Near the Dressing Rooms
“If you’re really short on time, do a quick loop and check the racks near the dressing rooms. Many times, someone else has gone through and found the good stuff. Then, if it doesn’t fit them, that’s where it will end up,” says Weaver.
Become Friendly With the Staff
Have your eye on something specific? Or are you starting a collection of Wedgewood? The way to get the best items as soon as they arrive at the thrift store is to become friendly with the staff and let them know what’s on your wishlist. “I have met a lot of great people through consistent thrifting and formed relationships with employees and thrift store owners or managers. They will send me a message if they see something that they know I’d want to buy,” says DIYer and furniture flipper Lilly Skjoldahl.
Visit a Variety of Stores
“Explore different stores outside of your area. Go to stores in affluent areas where the donations are sometimes more valuable,” says Skjoldahl. There’s a wide range of what you’ll find based on whether you visit a roadside thrift store versus a charity-run thrift store. If you go to a thrift shop in Georgetown in Washington, D.C., it may look different than one in a rural area. But the prices will also look different.
Look for Structural Integrity
Willow Wright, owner of Urban Redeux, advises looking at structural integrity when deciding whether a piece is a hidden gem. “Are the legs wobbly? Is the seat in good condition? Is it functional?” says Wright. Then, she recommends looking at the surface. Look at the condition of the wood, whether there are deep gauges or scrapes, and assess whether there is water damage, including veneer lifting or swollen wood. Lastly, check for signs of mold, which can appear as speckles of white spattered on the wood.
Know Brand Marks
“I have scored numerous Waterford crystal lamps in the thrift store,” says Wright. “I had an idea that they were, but they were unmarked at first glance. However, if you know that Waterford etches either their name or a small seahorse in their crystal, you’re often able to find that marker.” She suggests doing your research and finding out where and how brands mark their items. It’ll make it easier to recognize a deal and authenticate a high-end piece.
Pick Up Everything
Don’t just look with your eyes, feel with your hands. “Pick up everything, this can tell you a lot about a piece. Crystal is heavier than glass, and the same goes for metal and wood. A quality item will generally have an appropriate weight for its size and shape,” says Wright.
Look High and Low
“Look everywhere in the whole store. Every rack and shelf. In the women’s and men’s departments, even in the pajama section, and in those glass cases. People often put back things in strange places in thrift stores, or things won’t work out for them, and then they stack items on the endcaps of rows,” says Kelly-Lynne Russell, founder of The Low Low Style.
“People tend to just browse the shelves at eye level. Give your legs a workout and do some squats to see what is on that bottom shelf,” says Conlon.
Go in With a Plan
If you’re open to finding anything, you often end up finding everything or nothing. Russell suggests going in with a specific plan for what you’re hunting for. “This season, I’ve been searching high and low for the perfect neutral moto-style leather jacket—no simple task,” says Russell. “I also have a running list of top-tier ‘dream items’ I’d love to thrift, as well as about five items I’m looking to add to my closet this season.” However, she’s also open to spotting the item she didn’t know she needed and springing for it. The last thing you want is the dreaded “thrifter’s remorse” because you didn’t have that lime green ballgown on your list.
Use Google Lens
“Google Lens allows you to take a picture of an item and reverse image search it, bringing up exact or similar matches. This is a great way to quickly identify valuable items,” says Skjoldahl. Easily determining if you’re getting a deal or overpaying for an item can help you decide if you’re wavering.
What Items Do Savers Not Accept Near Me?
Like most modern corporate success stories, Savers had modest beginnings, starting as a single thrift store location, providing savvy shoppers with stylish outfits at affordable prices.
Read Also: Craft Ideas to Sell at Farmers Markets
With the trademarked tagline “declutter responsibly,” Savers is the ultimate champion of reuse. Instead of throwing things away and buying new, the community can drop off unwanted, gently used items at a Savers donation center, giving new life to clothing and household items while saving people money in the process.
Donations made to Savers are sold in one of their thrift store locations for a profit, but Savers will pay nonprofits money from each donation. The arrangement is that each Savers thrift store has a nonprofit partner who benefits from your donations.
You might also have seen Savers referred to as Value Village. This thrift store name is used in parts of the United States and Canada under the corporate name TVI, Inc., and the company is a registered professional fundraiser.
Donations to Savers help the environment, champion reuse, save the community money, and fund programs that make the world a better place.
As the saying goes, “one man’s trash is another man’s treasure,” and if you’ve got unwanted clothing, clutter, and stuff lying around the house, why not donate it?
Often, your donations are tax-deductible and fund programs that benefit your local community in the following ways:
- Providing affordable housing
- Supporting Vietnam veterans
- Giving education and training to those with intellectual and developmental disabilities
- Offering relief to natural disaster victims
- Helping pets find their “furever” homes
If you’re short on time and would prefer to avoid the hassle of finding a local donation center and hauling your stuff, contact Easy Donation Pickup to schedule a free pickup.
As a for-profit thrift retailer, Savers’ biggest beneficiary is the environment, as the company champions reuse rather than buying everything new.
When you donate items to Savers, you could benefit in more ways than you might think! Common motivations to donate clothing, reusable items, and household goods include:
- Help the environment. Savers champions reuse, keeping more items out of landfills and preventing unnecessary consumption of new things that exploit precious natural resources.
- Shop the store. After you drop off your donations, head on into the store to find clothing, household items, or small furniture to pull a room together. You’ll be amazed at what you can find at a Savers store.
- Get tax benefits. Your donations not only help the community, but they can also help your pocketbook. You can contact your local Savers nonprofit partner to request a receipt to claim a tax deduction.
- Help low-income families. Your donations of clothing and other reusable items can make it affordable for low-income families to purchase what you donated, giving these items a second life while warming your heart.
Savers accept clothing and household items, which can encompass a wide variety of items. To clarify, the following donated items are welcome at Savers:
MATERIAL | END USE | SERVICE | CUSTOMERS SERVED | OTHER | COMMENTS |
Appliance, Other, Small | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Appliance, Toaster Oven | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Art, Ceramics | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Art, Usable Paint Supplies | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Clothing, All Types | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Clothing, Hanger, Wood | Reuse | Drop-off | Residential | ||
Clothing, Watches | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Clothing, Womens, Bridal Gown | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Construction, Bathtub, Porcelain | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Compact Disks (CD/DVD/Blu-Ray) | Reuse | Drop-off | Residential | Functional | |
Electronics, Computer, Flash Drive | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Computer, Hard Drive | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Computer, Hardware | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Computer, Keyboard | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Computer, Mouse | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Computer, Printer | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Computer, Scanner | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Floppy Disk | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Electronics, Shaver | Reuse | Drop-off | Residential | Functional | MUST BE NEW AND UNUSED. |
Electronics, Speakers | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Glass, Containers | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Glass, Drinking | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Glass, Mirror | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Glass, Pyrex | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Glass, Stained | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Hazardous Material, Lava Lamp | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Aquarium | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Backpack | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Baseball Cards | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Bed Frame, Metal | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Bed Frame, Wood | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Bird Bath | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Board Games | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Broom | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Ceramics | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Children’s, Plastic Pool | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Christmas Tree (Artificial) | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Clothing, Children’s | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Dishes | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Dresser | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Dryer Sheets | Reuse | Drop-off | Residential | Functional | MUST BE UNUSED AND IN THE ORIGINAL CONTAINER. |
Home, Electric Blanket | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Extension Cord | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Fan | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Fireplace Insert | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Grandfather clock | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Grill | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Household Items | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Janitorial Supplies | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Jigsaw Puzzles | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Kitchen Utensils | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Lamp | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Lawn Mower (Electric) | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Leaf Blower | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Lighting Fixtures | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Luggage | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Magnifying glass | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Pet Supplies | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Pictures | Reuse | Drop-off | Residential | Functional | PICTURES OF FRIENDS AND FAMILY WILL NOT BE ACCEPTED. |
Home, Pillows | Reuse | Drop-off | Residential | Functional | BED PILLOWS MUST BE NEW AND UNUSED. FURNITURE PILLOWS MUST BE IN GOOD REUSABLE CONDITION. |
Home, Plastic or Metal Paint Cans (Empty) | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Reusable Shopping Bag | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Rope, Natural Fiber | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Rope, Synthetic Fiber | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Rug | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Sewing Machine | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Shoes, Children’s | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Take-Out Container | Reuse | Drop-off | Residential | Functional | MUST BE NEW AND UNUSED |
Home, Toiletries | Reuse | Drop-off | Residential | Functional | MUST BE NEW AND UNUSED |
Home, Toothpaste Tube | Reuse | Drop-off | Residential | Functional | MUST BE NEW, SEALED, AND UNUSED. |
Home, Towel | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Toys / Games | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Vacuum Cleaner | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Home, Yarn | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Lighting, Christmas Lights (string lights) | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Lighting, Compact Fluorescent Bulb (CFL) | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Lighting, Flashlight (Batteries and Bulb Removed) | Reuse | Drop-off | Residential | Functional | Must be in good and reusable condition |
Paper, Books, Children’s | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Paper, Books, Children’s, Coloring | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Paper, Books, Comic Books | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Paper, Books, Encyclopedia | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Paper, Books, Hardback | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Paper, Books, Paperback | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Paper, Books, Textbooks | Reuse Recycle | Drop-off | Residential | Functional | Must be in good and reusable condition |
Sports Equipment, Treadmill | Reuse | Drop-off | Residential | Functional | |
Textiles, Fabric | Reuse | Drop-off | Residential | Functional |
What is the Thrift Market?
A thrift store is a type of retail store that specializes in selling unique pre-owned goods, which are often donated by individuals or organizations. The items are usually sold at a lower price than what one would find at a traditional retail store.
There are various types of thrift stores, each with a specific focus or specialty. Some stores may cater to a particular demographic or may specialize in selling certain types of goods such as clothing, jewelry, furniture, antiques, books, or electronics.
Oftentimes, thrift stores are associated with charities and other nonprofit organizations as a way to raise funds and support their causes. At GiveRise, every purchase made from peer-to-peer marketplace profits supports a charity or cause of your choice.
In addition to the cost savings associated with thrifting, responsible shopping is also a major perk of this activity. Thrift stores offer shoppers the chance to reduce their environmental footprint by opting for second-hand items instead of new ones, which could otherwise end up in a landfill
The thrifting experience can be incredibly rewarding, both for the seller and the buyer. As a seller, you’ll get the satisfaction of giving back to your community and potentially helping those in need. As a buyer, you’ll get the satisfaction of finding a great deal on an item you love while also doing good for your community.
The difference between thrift shops and regular stores lies in the type of items they stock. Items for sale at thrift shops are pre-owned, donated or vintage. These items often have a unique look or style that makes them one-of-a-kind and special. Regular stores usually carry items that are new or factory-made and are significantly more expensive than thrift shop items.
The thrift shop also offers a unique shopping experience. You never know what you might find as each item is unique and has its own story. Shopping is more about discovery and less about following trends, which makes it a more fun and interesting experience. When you visit a thrift shop, you don’t necessarily know if you’ll find what you’re looking for, but it’s often a pleasant surprise when you do. You buy an item that has a history, that speaks to you, and that is special in its way.
For regular stores, the focus is more on buying items that are in fashion or trendy, which can often be very expensive. The shopping experience is generally less personal and unique. In contrast, thrift stores offer a more affordable and sustainable way to shop for clothes and other items.
Who shops at thrift shops?
Everyone shops at thrift stores! From fashionistas to bargain hunters, thrifting appeals to a wide range of shoppers. Those looking for quality pieces at a lower cost often find what they need at thrift stores, while others are drawn to the unique items available. Some people even make a hobby out of thrifting, as it can be quite entertaining to browse the racks and uncover hidden gems.
Shoppers at GiveRise come from all walks of life and have different reasons for shopping thrift. Some people value the environmental impact of thrifting, while others are looking to save money. Others are in search of one-of-a-kind items or vintage pieces that can’t be found anywhere else. You are likely to find six types of people in our marketplace:
- Community-minded shoppers looking to help those in need
- Fashionistas searching for stylish items at a discount
- Bargain hunters who are always on the look-out for a deal
- Thrifters looking to find unique items
- Vintage collectors hunting down long-forgotten treasures
- Environmental advocates looking to reduce their carbon footprint.
Everyone has their reason for shopping thrift, but the common thread between us all is that we are passionate about finding great deals and helping our community! And the best part is there are rarely duplicates of the same items at thrift stores, so you can be sure that whatever you find is unique and special.
Thrifting has become part of the modern lifestyle for many people. It has become trendy to buy a pre-loved item, and finding the unique item that no one else has is a thrill for some. Now when you browse your social media feeds, you see people sharing their thrift store finds, sharing their tips on how to spot a great deal, and creating looks that combine thrifted pieces with high-end items.
Thrifting is not only about the fashion demographic; there are also people making a living from purchasing furniture and upcycling them into beautiful pieces of art. We are sure you have seen on Pinterest and other platforms how people are taking furniture items from thrift stores and making them look brand new.
And with the growing awareness of sustainability and eco-friendly practices, thrifting has become an attractive lifestyle choice for those who want to reduce their carbon footprint. Shopping at thrift stores means that fewer clothes and items have to be produced, which significantly reduces the number of natural resources used. Yes, this is the spirit of thrifting – and it looks like it is here to stay.
Therefore, thrifting is more than just a trend or a fad. It has become a way of life for many people, and it’s also a great way to save money, find unique items, and express your creativity.
Benefits of shopping thrifted items
- 1. Reduce waste:
Going green and reducing waste are two main reasons why people get into thrifting. Buying pre-owned items instead of new ones keep them out of landfills, meaning less waste and a more environmentally friendly lifestyle. In addition, thrifting gives a second life to what might otherwise have been discarded, making it one of the most sustainable forms of shopping.
Canadian Fashion Report calls thrifting “the original sustainable fashion movement.” Fashion blogger, Estee LALONDE explains that “Thrifting is a great way to combat what’s called ‘fast fashion,’ which is the process of using cheaper fabrics, less intricate sewing techniques, and lower-quality materials to produce clothing quickly and cheaply.”
Manufacturing, packaging, and distributing new items consume more energy and resources than what is needed when second-hand items are sold. This makes thrifting a great way to reduce your carbon footprint and help contribute to a more sustainable lifestyle.
- 2. Your purchases go towards a charity
Many thrift stores exist to serve the local community and not necessarily generate profits for stockholders. Many thrift stores are operated by churches, non-profit organizations, and charities. The money raised at these stores often goes to local charities or helps support a good cause, so when you shop thrifted items, you’re helping local communities in more ways than one.
For every purchase you make at GiveRise, a minimum of 5% of the sale will be donated to one of our partnered charities. You can choose what charity to donate your purchase to, or you can let us decide on your behalf of you. We are an online thrift store that aims to make a difference in the lives of those in need, and what better way to do it than thrift shopping for what you need?
- 3. Get what you want at an affordable price
The thrill of the hunt for what you want is what makes thrifting so satisfying. And with quality pieces at deeply discounted prices, it’s easy to stay on budget. Thrifting can be a great way to stretch your dollars and still have the satisfaction of getting what you want.
You can save on clothing, home décor, furniture, art, and more. You might even be able to find what you want for a fraction of what it would normally cost. Plus, you can often find items that are no longer available in stores, making your thrift finds even more unique. Thrifting is all about the treasure hunt, and what you find can be a real winner.
- 4. Get creative
When it comes to thrifting, what you do with what you find is half the fun. You can use what you find to reinvent what you already own. With the ability to customize what you find and make it your own, thrifting allows for a lot of creativity. It helps you break away from what everyone else is wearing, and what you find can be something no one else has.
Thrifting also allows you to stay on trend without breaking the bank. With new trends come higher prices, but what you find at a thrift store can keep your wardrobe up-to-date without the hefty price tag. So while others are buying what everyone else is wearing, you can be thrifting something unique to express your style.
- 5. Thrifting sets you up for some great DIY projects
Thrifting isn’t just about what you can find in the store, it’s also about what you can do with what you find. A well-rounded thrifter knows what they can do to rework what they have or what to look for that can be easily modified. Whether you’re looking to upcycle what you have or create something new from what you find, thrifting can be a great source of what you need.
From transforming a sweater into a pillowcase or giving an old dresser a makeover, thrifting can provide what you need to create what you want. With a bit of creativity, what you find can be exactly what you’ve been looking for.
- 6. You can be a part of something bigger
People are making a living by thrifting, and what you find can be what you need to make it happen for yourself. From building on what’s already out there to creating what’s never been seen before, what you find can help get your project off the ground.
Thrifting also offers an opportunity to be a part of something bigger, by helping those in need. As mentioned before, what you buy can help support a charity or non-profit organization, which is what GiveRise is all about. By shopping what you need, what you buy can help those who are less fortunate. It is a win-win situation for everyone involved, from what you buy, to what you donate.
Does Thrifty Mean Cheap
The biggest difference between thrift and cheapness is that being cheap often comes at the expense of other people, points out Dr Mercedes Sheen, associate professor and Academic Head of Psychology at Edinburgh Business School, Heriot-Watt University Dubai. “For example, someone who is cheap will depend on their friends and family to pay for their basic needs, and they often won’t pay their fair share of things like food and transportation.”
She argues that, often, trying to save money or displaying the unwillingness to spend on things that are not necessary can be viewed as cheap rather than just being thrifty or frugal. “But, on the other hand, spending money wisely, especially on big-ticket items, can be very wise and is not the same as being cheap.”
Another important differentiator is the reason for being thrifty. People who are cheap take price as the most important factor, whereas people who are thrifty see the value in what they buy. “Something that affects your everyday life — for example, healthcare — is worth spending on rather than saving a few dirhams,” says Dr Mercedes. “However, if there is value in a lower-priced item over another that costs twice as much, then buying the lower-priced item is the better option.”
Dr Tara says cheapness pays no heed to quality, it’s a drive towards paying the least amount, obtaining the best bargain ever — “the hunt is to accomplish the lowest cost deal possible. It’s cheating the odds on price, even if what you buy or acquire makes no sense in terms of your taste or your need”.
Being cheap is about spending less, avers Dr. Mercedes, whereas being thrifty is about prioritizing your spending so that you can have more of the things you need for yourself and the people you care about.
“Cheapness” has a negative connotation for a reason, feels Dr Louise. A person who is “cheap” might have money but hoard it, or deny themselves even small pleasures that would make them, their relationships and life more enjoyable. “However, it is often less about money and more about the infringement on social norms that bothers other people about it.
Imagine a husband keeping an Excel spreadsheet on all household spending — not a bad idea to see where money goes and where it could be better managed — but it becomes destructive when every dirham needs to be accounted for in the name of saving money [and there is some to spend within reason], plus everyone suffers for it materially as well as psychologically because it becomes a form of control and rigidity everyone else is forced to follow.”
Being cheap often also comes at one’s own expense and detriment — i.e., buying coffee one does not even like because it is the cheapest grocery store brand, but feeling satisfied because 75 fils were saved in the short-term.
But cheapness should not be confused with living on a budget or tightening one’s belt over the summer to pay for tuition in the fall or save for a car. “This is a temporary means of managing money in order to meet a goal,” explains Dr Louise. “Being cheap is a lifestyle of denying one’s self joy but feeling sanctified that one has saved doing it.”
And in times of excess, the worst insult you could give someone is to say they are “cheap”. “Any tightening of the belt — even the good kind — is seen as a negative when it should not be,” she offers. Spending too much leads to materialism and lower life satisfaction and well-being. “Never enjoying one’s life also leads to fewer positive emotional experiences. The middle way — maximizers — seem to get the best outcomes.”
Making Money at Savers Thrift Store
Between 2017 and 2022 the market size in the U.S. has grown 0.9% per year on average, and younger consumers are driving the market growth – over 40% of resale apparel buyers are Gen Zers and millennials.
For instance, companies like Poshmark and ThredUp are experiencing tremendous growth by buying and reselling high-end fashion items. Such an unprecedented opportunity offers an excellent way for an ambitious entrepreneur to launch an online thrift store without a physical store’s startup costs and overhead.
You can profit by starting your thrift store, whether you focus on vintage clothing, furniture, or other items. However, opening a thrift store can be nerve-wracking, especially if you don’t know where to start. But don’t worry, we’re here to help!
Before opening a thrift store, you, of course, must first do some preparatory work to set your business up for success. Here are the steps to follow before opening a retail thrift store.
Step 1: Create a Thrift Store Business Plan
As with any other business, the first thing to do before starting a thrift store is to create a business plan, including all the details and decisions about collecting your product, how many employees you will need, the most appropriate location, your marketing strategies, etc.
A business plan also helps potential partners and investors better understand your business and its vision. Since you may be starting this business without experience, you will need help writing a professional business plan. Be sure to include in it the following points:
Executive summary
- Mission statement
- Vision statement
- Sales forecasts
- 5-year profit forecast
- Potential expansion plan
Company summary
- Business structure
- Startup summary
- Startup cost
Products and services
- Inventory planning
- Supplier analysis
- Consignment vs Wholesale
Market analysis
- Market trends
- Marketing segmentation
- Target audience
Strategy & implementations
- Sales strategy
- Marketing objectives
- Advertising strategy
- Pricing strategy
Staff plan
- Average salary of employees
- Number of staff needed
- Benefits and bonuses
Financial plan
- Important assumptions
- Break-even analysis
- Projected profit and loss
- Annual profit
- Annual gross margin
- Projected cash flow
- Projected balance sheet
- Business ration
Before writing your business plan, make sure you have chosen your niche so that you can write the elements of the plan accordingly and have a focused but broad enough target market.
Step 2: Register Your Business
Registering your business is an essential step in the process of opening a thrift store. It is a prerequisite for raising capital from investors, paying taxes, opening a bank account, or establishing your company’s business structure. Follow these steps to get started. And don’t forget to consult your local city hall, too:
- Choose a business name and trademark it
Starting any business begins with the name. This is the most immediate thing that will set your thrift store apart from others. Make sure you choose a name that represents the identity of your business but is also memorable. After picking a name, you should trademark it to avoid any legal disputes down the road.
To make sure the name you choose is not already in use by another company, consult the United States Patent and Trademark Office. You can trademark any intellectual property associated with your brand, not just the name.
- Get your EIN
Also known as a Federal Tax Identification Number, EIN stands for Employee Identification Number and is used to identify a business entity. You will need it to open a merchant account, but also to proceed with other administrative procedures. You can obtain the EIN online on the IRS website.
- Choose your thrift shop business structure
There are several types of business entities, each with its advantages and disadvantages. The type of business structure you choose will determine your taxes, personal liability, and business registration requirements. Here are some of the types of business entities you can choose:
- 1. Sole proprietorship
This is the most common type of business entity. It makes no legal distinction between the business and its owner. In this type of structure, the owner is responsible for all income, debts, or liabilities incurred by the business. The owner pays taxes on the business income on their income tax return. However, keep in mind that you will have difficulty accessing bank loans or capital from other investors if you register your business as a sole proprietorship.
- 2. Partnership
A partnership is a business structure similar to a sole proprietorship but for two or more people. As with a sole proprietorship, the owners own the profits and are responsible for any losses. In addition, each partner pays taxes on their share of business income on their income tax returns.
- 3. Limited Liability Company (LLC)
Unlike a partnership or sole proprietorship, a limited liability company is a business structure that protects its owners from personal liability for its debts or liabilities. Their profits and losses are passed on to the members, who report their tax returns. The regulation of LLCs varies from state to state. Most thrift stores will fall under this category.
- 4. Corporation
A corporation is a legal entity that is separate from its owners. Under the law, corporations have many rights and responsibilities as individuals. They can sign contracts, lend and borrow money, sue and be sued, hire employees, own property, and pay taxes.
Step 3: Register for Taxes
Before paying taxes, you must obtain your Employer Identification Number or EIN. As aforementioned, this number will be helpful when filing other essential documents.
Once you have your EIN, you must choose your tax year. From a financial standpoint, your thrift store business will operate on a calendar year (January-December) or a fiscal year, meaning a 12-month period that can begin any month. This selected period will end your tax cycle, while your business structure will determine the taxes you pay.
Read Also: Top Selling Vegetables at Farmers Market
The IRS website also has a taxpayer checklist, and taxes can be filed online. It is advisable to consult with an accountant or other professional to help you with your taxes to ensure that you file correctly.
Step 4: Fund Your Thrift Shop
Knowing how to start a thrift store also means figuring out how to finance the projects listed in your business plan. Securing financing for your business is paramount, and there are several ways to raise capital:
- Bank loans
Bank loans are the most common form of financing for small and medium-sized enterprises. Bank loans are frequently used to finance start-up capital and also for larger, long-term purchases.
The loan is not flexible and may not be the best capital for businesses with fluctuating financial needs. And loan defaults can result in lower credit ratings, higher interest rates on existing and future loans, foreclosure of collateral, and legal proceedings against the company. The structure of the loan can also lead to long-term issues.
Sole proprietorships must be especially wary of large bank loans since your personal assets aren’t protected in the event of bankruptcy.
- Business credit cards
Much like personal credit cards, business credit cards offer the ability to borrow up to a predetermined credit limit. At the end of each month, you must pay off the stated minimum balance, and any unpaid balance will begin to incur interest until it is paid off in its entirety. So you can avoid interest if you pay off your balance in full each month.
Unlike business loans, credit card providers generally use your income and personal credit score to extend credit, making it a viable option for businesses with little or no cash flow. This means you won’t have to provide your monthly or annual business income documentation. For most business credit cards, the minimum personal credit score is 670. However, a higher score will get you the best terms.
This route is also very risky and will come with very high interest rates.
- Business Loans
It is usually difficult to obtain a traditional business loan, as many lenders require potential borrowers to have a minimum annual income to qualify for a loan. However, some lenders are willing to provide loans to start-ups without significant revenue.
In the case of a new thrift store that does not yet have proof of annual revenue, commercial lenders may likely require additional documentation. In this situation, you are usually required to provide financial projections and a detailed business plan to illustrate your ability to repay your debts.
Among the institutions that grant loans to start a thrift store business is the Small Business Administration (SBA), which acts as a guarantor, helping entrepreneurs obtain bank approval for a loan. The SBA has several types of loans depending on your budget, your needs, and your company’s size.
Step 5: Get Your Licenses/ Permits
No matter what business you start, there are permits or licenses that you must have in order to practice your profession or run your business without getting into trouble with authorities. If you want to run a thrift store, it is essential to know the licenses or permits that will be required:
- 1. General business license
A general business license is a license required before operating a business in almost every state in the United States. It is usually issued by the Department of Revenues and the Secretary of State, depending on the office responsible for business registration. Thrift shops, like any other, will require this.
- 2. Sales permits
A vendor permit, sometimes called a sales tax permit or sales and use tax permit, is a business license that allows you to collect sales tax on taxable goods and services. Your business’s responsibility is to send the collected tax to your state taxing authority.
- 3. Zoning permit
A zoning permit is a type of permit you need to have before operating your physical store. Since the thrift store business is a retail business, choosing the right location is critical to the success of your business. It should be your number one priority. However, if you want to build a retail store or lease a location for your business, obtaining a zoning permit is the first step.
- 4. Sign permit
A sign permit is another key item for many thrift shops. You can’t open a brick-and-mortar store without putting a sign on the storefront. However, any information about your business that needs to be displayed must be done lawfully. This information can be in the form of words, signs, symbols, or pictures to promote your business.
- 5. Wholesale license
As a retailer, you will often purchase your products in bulk from your suppliers. Wholesale licenses allow you to purchase items at wholesale prices and give you more credibility. You get specific discounts and other related benefits. Since business owners are exempt from paying tax on items purchased for resale, suppliers require you to show a wholesale license, hence the need to have one. Thrift store owners, however, may not have a need for this.
Most aforementioned licenses are the most obvious. Depending on your state, you may be required to obtain additional licenses or permits. Contact an attorney to assist you in the process.
Step 6: Open a Business Bank Account
Before you start earning money, you’ll need a place to keep it, which requires opening a bank account. Having your business finances separate from your personal account makes it easier to file taxes and track your business income.
Opening a business bank account is very simple, just like opening a personal account. Just ask your favorite bank about their rates and features. They also offer accounts tailored to businesses.
There are several banks that offer different options, so it’s a good idea to review your options and select the best plan for you. Once you’ve chosen a bank, all you need to do is bring the necessary documents to open a new account.
Step 7: Invest in Technology
Technology is at the heart of effective retail management. And one of the essential tools in the industry is a great thrift store POS system. Choosing the best thrift store POS system for your business allows you to handle transactions within your store better control inventory management to avoid stockouts or excess inventory.
KORONA POS offers a robust thrift store POS platform with comprehensive inventory management software that tracks all operations taking place in your thrift store in real-time. Apart from the POS system, you should also have cameras in case of theft.
Step 8: Get Business Insurance
One of the aspects often overlooked when starting a business is the business insurance side. To be fully covered, a thrift store will need to purchase several types of insurance, including the following:
- 1. General liability insurance
This covers certain expenses such as medical bills or legal expenses in the event of a customer injury on the business premises.
- 2. Commercial property insurance
This covers items such as the cost of the building and the value of inventory in case of a fire or natural disaster damages the store.
- 3. Workers’ compensation insurance
This covers the business if an employee is injured on the job. It can cover expenses such as lost wages or medical expenses.
- 4. Business Property
It provides coverage for your equipment and supplies.
What Makes a Great Thrift Store?
Whether you manage a charming thrift store or are new to the resale market, making your store stand out is critical to success. After all, in today’s ever-changing retail market, clients have many choices, and you’ll want to ensure they choose you!
So, how do you stand out? It can be daunting, but don’t worry, we’ve got some tips and tricks to assist you provide an exceptional thrift store shopping experience for your clients. We’ll go over everything from pricing strategies and store maintenance to gift cards and loyalty programs so you can set your store apart from the competition.
Fair Pricing Strategy for Your Thrift Store
One of the most important aspects of running a successful thrift store is to have a fair pricing strategy. Studies have shown that customers respond favorably to stores that offer reasonable and affordable prices. This is especially true for thrift stores, as customers are typically looking for deals and bargains.
When setting your prices, ensure they’re in line with market value while also considering your overhead costs and profit goals. It also helps to compare prices with other thrift stores in your area so you can adjust your own pricing accordingly.
It’s important that you don’t overprice your items, as this will only turn off potential customers. If you want to keep customers coming back, keep the pricing reasonable. But it’s important to strike a fine balance – don’t go so low that your business isn’t profitable. Top thrift store POS systems offer reporting to make sure that you’re maintaining an acceptable profit margin. You can look at overall data for your store or examine products individually.
Improve Your Customer Service Experience
When you think about running a thriving thrift store, customer service may not be the first thing that comes to mind. But, like any retail business, it should be. Developing a sense of trust with your customers will keep them coming back, so it pays to invest in their experience.
Start by making sure your staff is appropriately trained. Provide them with helpful information, like product knowledge and industry trends, so that they can provide customers with accurate answers and advice. A knowledgeable staff will make customers feel more confident and comfortable when shopping in your store.
Make sure you are friendly and approachable, create an inviting atmosphere where people feel welcome, and ensure every customer gets personalized attention. An attentive staff makes all the difference, as customers will appreciate being acknowledged and having their questions answered quickly.
Finally, consider offering additional services like gift wrapping or delivery for online orders. These little details go a long way in showing customers that you value their business and make for an overall positive shopping experience.
Keeping Your Thrift Store Clean and Organized
No one wants to shop at a messy, disorganized store. A neat and organized business is essential to create an attractive shopping experience for your customers.
This means that you should remove any dust or dirt from surfaces and ensure the store is sparkling clean inside and out. Regularly vacuuming the floors and wiping down shelves creates an inviting atmosphere. In addition, ensure that all clothes, sporting goods, accessories, furniture, antiques, and other items are neatly arranged and easy to find. This will make it much simpler for shoppers to select their desired items and help them to save time in the store.
You can go further by ensuring shelves are organized by color or alphabetically so people can easily find what they’re looking for. You may also consider rearranging displays or products frequently to keep things fresh and exciting. Finally, offering complimentary disposable bags can be a nice touch while providing an additional layer of convenience to your customers’ shopping experience.
Place the Best Products at Strategic Locations
Do you want your thrift store customers to always return for more? Then you need to pay close attention to where and how the best products are placed.
The idea here is to entice customers with interesting items that stand out. From furniture and electronics to clothing and accessories, they should be placed in bold locations that compel people to check them out. Think about it: if customers see something that catches their eye right away, they’re likely to buy it right away.
To help make sure your thrift store stands apart from the competition, here are some tips for store layout:
- Place best-selling items near the entrance or main aisle of your store
- Display new arrivals near the entrance, as well as the middle of store sections
- Use lighting and color strategically to create a pleasant shopping experience
- Place items according to size or color for easy viewing
- Rotate inventory frequently, such as creating a featured “area of the month”
- Strategically place vintage items at various spots in the store
Most importantly, use common sense when placing high-value items for maximum exposure. With some thought and creativity, you can create an environment that really stands out—and maybe even draw in new customers!
Implementing Loyalty Programs and Discounts for Customers
Benefit both your customers and your thrift store by implementing loyalty programs and discounts for returning customers. These programs help build customer trust and show customers you are genuinely committed to their satisfaction. A loyalty program could include a points system, where each purchase earns the customer points that can then be used for discounts on future purchases. Offering discounts or special privileges to regular customers is also a great way to encourage them to keep coming back.
You should consider offering gift cards, too. These are a great way to generate repeat customers and encourage word-of-mouth referrals. They can also incentivize people to buy more than usual – with a gift card in hand, customers may be more likely to spend a bit extra.
To keep your loyal customers happy (and attract even more!), consider running promotional campaigns occasionally, such as offering double loyalty points or special discounts during the holidays. You could even sweeten the deal by allowing them to redeem their reward points for exclusive items in the store!
Creating an Engaging Online Presence
Having an engaging presence online is essential for your thrift store. This is where you create brand awareness, build customer relationships, and extend your reach. Besides having a website and social media accounts, you should also ensure that customers can easily find your store online by listing it on search engine results pages (SERPs).
- Optimize Your Content
To successfully attract customers to your website and social media profiles, you need to make sure all of your content is optimized for search engines (SEO). This includes selecting the right keywords, metadata, and titles for your blog posts, product pages, and web pages. Optimizing images with alt text can also help improve image search results visibility.
- Leverage User-Generated Content
You can also encourage customer participation by allowing them to submit user-generated content (UGC) such as reviews, photos, or videos of their purchases. Not only does UGC help increase customer engagement and trust in the brand, but it’s also great for SEO purposes.
- Embrace Automation
Optimizing your digital marketing efforts doesn’t have to be time-consuming. You can leverage automation software to automate repetitive tasks such as email campaigns or retargeting ads. Automation tools are designed to save time while improving workflow efficiency — they could help take your thrift store business to the next level!
Increasing Awareness Through Local Advertising
Want to take your thrift store to the next level? Consider investing in local marketing. Investing in local advertising isn’t complicated and doesn’t have to be expensive. You can start with some basic strategies that you can use to build awareness and drive sales.
- Reach Out to Local Media
If you’re looking for a cost-effective way to reach potential new customers, consider contacting local media outlets like radio, newspapers, or other press that can help get the word out about your thrift store.
- Invest in Social Media Ads
Social media advertising is a great way to target potential customers interested in the items you have for sale in your thrift store. You don’t need a large budget for this either – even just a small budget can go a long way when it comes to getting your message heard.
- Utilize Local Events
Hosting or sponsoring events in your area is an effective way of getting attention from locals and building brand recognition around town. This can include something as simple as hosting a sidewalk sale, setting up a table at a local event, or donating items for charity auctions. Also, take advantage of seasonal events such as holidays or festivals that attract people from all over the area.
These strategies will help ensure that your thrift store gets the attention it deserves and stands out from competitors in the area. By investing in local marketing efforts, you’ll be sure to see more foot traffic and increased sales at your shop!
How to Start Reselling Thrift Store Items
Thrift store flipping is a rather straightforward process. Here are the steps you can take to flip products from a thrift store:
1. Research various thrift stores in your area
Many metropolitan and rural areas have thrift stores that regularly have items for customers to purchase. There are few large organizations, like Goodwill, that have many thrift store locations throughout the country. You may plan to visit several thrift stores while looking for items to flip.
2. Look for typically high-value items
Once inside a thrift store, you can search for items that may be ideal for flipping. These items may include collectable items, such as trading cards and action figures, or clothes and accessories, such as shoes, purses and watches. Items from well-known or luxury brands often sell for higher on online marketplaces.
3. Search for items you find online
Once you find a potential candidate for flipping, you can search online for recent sales of that item. It is important to find recently sold items, as this indicates there is still demand for that item. For example, you may search for the exact model of purse that you found in a thrift store and compare the online selling price to the price in the thrift store.
4. Purchase items
Next, you can purchase any items that you determine to be worth more than in the thrift store. Some thrift stores may allow you to negotiate prices, especially if you purchase multiple items. Purchasing items at the lowest possible price may allow you to maximize your profit when reselling the items.
5. Take pictures of the items
After completing your purchase, you can take several pictures of the items from several angles. It is best to take pictures in well-lit backgrounds with plain backgrounds. This may help you market your items to potential buyers online.
6. List the items for sale
Using your pictures, you can list items for sale online using many available marketplaces, such as eBay, Mercari and OfferUp. You may price them similar to other recently sold items of that type or slightly higher or lower depending on how quickly you want to sell the items. You may choose to charge buyers for shipping costs or choose to incur those costs yourself.
7. Ship the items
After customers purchase your items, you can ship them via a postal service company. You may purchase tracking on the items so you can confirm when they receive them. Depending on the online selling service you use, you may receive the money from the purchased item as soon as the customer makes the purchase or once they receive their items.
8. Track earnings
If you sell many items online after purchasing them from a thrift store, it may be useful to track your earnings. This can help you determine which items provide the most profit upon reselling them and may be useful for tax preparation. You may also establish an LLC or another individual business to conduct a large-scale thrift store flipping business.
Here are some tips that may help you when thrift store flipping:
- Pay attention to the condition of items: Item condition is an important element to consider before purchasing items from thrift stores. Items in great condition are more likely to sell for higher prices online.
- Be honest about item history: If there are visible damages, mention them in listings and when shipping the item, so buyers know what they are getting into beforehand. This helps ensure customers have satisfaction with their purchases.
- Research popular items: Some collectable items, such as designer bags and rare trading cards, can sell at much higher prices. Researching these items can be helpful so you can look for them when at thrift stores.
- Ask buyers for reviews: Many online selling services allow buyers to leave reviews after purchasing items. These reviews can help you sell more items in the future and provide greater confidence in your ability to sell high-quality items.
- Consolidate items: You may consider consolidating several similar items into a single sale on a selling website. Buyers may have more interest in purchasing sets or multiple types of popular items.
- Research target markets: Find the best marketplaces and regions to sell your items. You may be able to sell items more quickly on specific marketplaces or regions.
- Watch videos online of other thrift store flips: Many online content creators make videos with tips for thrift store flipping. These videos may provide insight on the best products to sell and locations to search for potential items.