Upscale, downscale
Thanks to Jerry Olson for sharing this article about the gentrification of thrift stores.
In short, it has become fashionable for people who are relatively well-off to shop at thrift stores. Looking at it one way, this is fine, and it may be a net positive. Buying second-hand clothing reduces waste and is good for the environment.
But a negative effect is that with increased demand, the cost of thrift store clothing has increased, making it less affordable for the lower-income people whom thrift stores exist to serve.
One wonders what to do about this problem, if one considers it to be a problem. It raises a number of marketing questions:
What is the real reason that well-off people shop at thrift stores, beyond the stated, socially acceptable reasons around protecting the environment and saving money? What are the more unconscious motivations?
How do those wealthy folks who shop at thrift stores think and feel about low-income people?
Should there be an effort to deter wealthy people from shopping at these stores? If so, what emotional levers could be pulled in order to achieve that?
What about people who buy from thrift stores and then resell those items at a mark-up? Is that ethical? If not, how could one persuade those individuals to change their behavior?