Thursday, June 21, 2007

Are outlet malls worth it?

Outlets are sites where manufactures sell their goods directly to the public. Supposedly, shoppers save by cutting out the middle man. Many times outlet stores cut prices even more by offering goods that are out of style or slightly damaged (stuff that wouldn't make it in a normal department store).

As a special service to humanity, Recueilli's Reporters braved a day at an outlet mall to answer the age old question: Are they worth it?

A day at an outlet mall really depends on who you are and what you have in your wallet. For example, shopaholics might want to leave their plastic at home. LeBron James doesn't even need a wallet. And if your great-grandma would just carry a credit card you would jump for joy.

So, after driving for an hour, our reporters entered the mall carrying a single $100 bill. In less than 10 minutes, that bill was broken for a few shirts over 50% off. Overall our crew spent $80 on shoes, clothes, food, and cleaner. Add a generous $8 for gas and estimated vehicle maintenance, and the total for the day was $88. Compare that to the full (sticker price) total of $179, and the trip to the outlet saved 51%.

Well, sort of.. Don't forget that there was a total gaspillage (waste) of two hours travel time, and time is money (how much money, is up to you).

So our final answer: Yes it's worth it, at least every once in a while.
Read more for links

KomoRadio ask the same question, and gets the same answer
Outlet Guide
List of some outlets

Have fun, and spend wisely.

2 comments:

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