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Testing of “Instagram Shopping” with Macy’s and eyewear brand Warby Parker came three months later, allowing retailers to tag products in an image and direct users to a “Shop Now” link. Last year, the social network added more partners and even redesigned its shopping button. Vintage shops, however, use old-school methods. Sellers post their outfits with a caption listing size, price, color, and style, as well as how to claim it, typically via direct message or public comment. They often ask for a ZIP code, too, in order to give customers an accurate estimate of the cost with shipping. Transactions are typically conducted via PayPal or an instant cash-sending app. Since there’s usually only one of each item, it’s first-come, first-serve—a reality that sometimes triggers a fashionista feeding frenzy. “You don’t think about it as much when it’s a race to buy it first,” said Rose Soiffer-Kosins, a 21-year-old student who runs her own Instagram shop, Ecru Vintage , out of Claremont, Calif. “If you miss out on a vintage piece, you’re probably not going to find it again. It’s a new kind of consumerism.” A vintage shop on Instagram has almost no startup costs. Some generate as much as $5,000 in sales or more per week, with customers from around the world mostly aged 18 to 35. Sellers say those with significant followings can accrue up to six-digit annual sales. But being a purveyor of apparel on Instagram means also being a shopper. Many of these entrepreneurs spend significant time rifling through the racks of Goodwill, Salvation Army, local thrift shops, and estate sales.
For the original version including any supplementary images or video, visit https://www.bloomberg.com/news/articles/2018-04-26/new-breed-of-shoppers-races-to-instagram-to-buy-vintage-clothes