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The RealReal online clothing consignment store has taken a unique approach to shopping. Unlike other online consignment stores, the company only offer s high-end consignment. According to its website, it is the leader in authenticated luxury consignment. Started and based in San Francisco, California in March of 2011, this company is growing rapidly into a hot spot for luxury goods and shopping at discount prices. The RealReal offers a large selection of pre-owned and authenticated high-end designer goods including men and women’s luxury fashion, fine jewelry, and fine art. They sell pieces from designers such as Chanel, Hermes, Louis Vuitton, Cartier, Rolex, as well as art from artists such as Andy Warhol, Roy Lichtenstein, along with hundreds of others you can find listed on their website. They offer good benefits for consigners of their products and have countless promotions for shoppers and opportunities to have memberships receiving many more benefits. Even up to 90% retail prices.
This online consignment company provides its customers with many benefits for both shopping and selling products through their website. The RealReal has a large selection of pre-owned items for luxury resale. They sell men's fashion and women's merchandise as well as art pieces from well-known artists. Their products range from accessories, dresses, jewelry, handbags, shoes, ties, suits, outerwear and many more. Along with the many luxury designer clothes and fashion items sold, fine art is also sold through consigners. Each item sold goes through an authenticity process where it is evaluated by an in-house team of experts in each respective field. They have professionals on staff including gemologists, horologists, and art appraisers to ensure that luxury goods sold are authentic.
First views of The RealReal's website show promotions and sales that are easily accessible for the consumer. These promotions are constantly changing and the website gives you clearly marked start and end times for each sale. It is also clearly shown whether or not an item has already been sold or if it is still available. The website has colorful, interactive graphics that catch shoppers attention and make the buying experience both easier and more enjoyable.
Consigners with The RealReal are offered sixty percent of the sale price from the very first time their items are brought to the online store. They can then increase their profits by selling more merchandise, once they reach 7,500 in annual sales their earnings are increased to seventy percent. This company also offers a "white glove" pick up service in most cities. The service is used when a consigner has more than ten designer items and a Luxury Manager will be sent to pick-up the items at no cost. The RealReal also offers benefits for shoppers who join their First Look Membership. This program is only five dollars a month and entitles members to 24-hour advance access to sales and special invitations to monthly promotions.
Like many stores, The RealReal is far from perfect. Although selling pre-owned luxury items keeps the business unique from other online consignment shops, it also creates many of its complications. The company has a difficult time producing pleasing customer reviews. Some of the main concerns for The RealReal are: While items with small price tags do exist on The RealReal, they are few and far between. Most of the merchandise sold on the website comes from famous fashion designers and artists and has a price tag to match its origination. Even though the products are pre-owned, they often sell like new. Although there are many sales on the clothing items, and customers are given plenty of opportunities to buy luxury, high-end items at discounted prices, the overall price tag of merchandise on The RealReal is costly.
The Shipping and Handling procedure on The RealReal's website is anything but user-friendly. They do not offer free shipping on any limit of merchandise and will not deliver to P.O. boxes, APO/FPO address, and most of the U.S. Territories. There is also a fee charged to deliver in some areas including Hawaii and Alaska. They ship via FedEx from warehouses in the NY tri-state area and travel to street addresses only in the United States and some international locations. Many of the problems or concerns customers have with shipping and handling can be easily discussed with the company's customer service team. They are easily accessible through their website or by phone number.
Along with the difficulty of shipping and handling, the return process at The RealReal is not simple. In order to return an item purchased on the website, a return merchandise authorization number must be requested within fourteen days of the shipment date. The customer must then after receiving their authorization number, return the purchase within twenty-one days of the shipment date. The customer is also responsible for all shipping costs of the return. The RealReal then asks customers to allow them a minimum of ten days to process the return item before a refund is given. Additionally, the company will never accept swimwear or sale items for return. The RealReal reviews have taken a negative hit as a result of these difficult processes.
With a unique approach to shopping by selling pre-owned high-end luxury items, The RealReal has created an online niche that appeals to many consumers interested in designer clothes. The easy to use website has made customers enjoy purchasing materials cheaper than retail prices through numerous sales and promotions. The RealReal has given consigners an easy way to sell their luxury merchandise and earn additional profit by offering sixty to seventy percent of the sale price. They have a wide variety of product selection that is offered for both women's and men's fashion and provide customers with benefits by joining their shopping program.
However, this does not mean this company is without faults. Shipping and handling can be challenging for both the consigner and the purchaser and returns from the website are difficult to follow through. The merchandise is also high priced for pre-owned items. The RealReal has been in business a short four years and has rapidly grown into the leader of authenticated luxury consignment. The company has things to work on and in the future could be a perfect destination for luxury merchandise.
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