In the quest to determine whether or not the U.S. economy is growing, consumer confidence levels offer a fascinating and potentially telling insight. This reflects whether households are spending and their wider economic perception, which in turn suggests exactly how much money is being reinvested into the economy on a monthly basis.
Given that the national level of consumer confidence has fluctuated wildly since January, there is a genuine sense that the American economy is struggling to expand in a sustainable manner. The figures also reveal that the typical U.S. citizen is unsure of whether to spend or not and therefore adopting a suitably frugal philosophy.
High End Fashion for Men: How Looking Good Can Become an Affordable Goal
Of course, when faced with such uncertainly, most consumers focus solely on purchasing essential items and resisting products related to fashion, travel and recreation. This can have a damaging impact on certain industries, however, so you may wish to reconsider your approach to spending and prioritize value for money over bottom line cost. If you are a male consumer who aspires to look fashionable but operates on a high street budget, for example, a focus on value can help you to identify affordable garments that do not force you to compromise on your appearance. Consider the following: –
Imagine Individual Garments as Part of a Wider Look: When shopping for individual components of an outfit, it is easy to disregard luxury garments based on their retail price. It is important to consider each item as part of an entire outfit, however, paying particular attention to its versatility, longevity and the ultimate value that it will deliver for its retail price. If you are considering buying a luxury or designer jacket, for example, it is important to consider its quality and the number of outfits that it can be worn with. This ethos can also be applied when shopping for high street products, as seemingly inferior garments can be viewed in a different light when they are worn with accessories and as part of an overall outfit.
Monitor Collaborations Between High Street Stores and High End Designers: Although this type of collaboration is predominantly associated with female fashion, there are occasions where male consumers can also benefit. It essentially represents an opportunity for customers to access designer garments at low cost prices, at least for the limited duration of the promotion. Recent examples include Prabal Gurung's collaboration with Target and The Maison Martin Margielas working alongside H&M, through which selected items of clothing were made accessible at high street outlets. By being a vigilant consumer, you can identify these opportunities and capitalize before the stock runs out.
Shop Online and Use Website Browser Extensions: Thanks to the online revolution, even luxury garments can now be accessed through the Internet. This provides male consumers with the opportunity to look good for less, as they are able to buy selected garments from anywhere in the world and utilize a host of online tools to secure discounts. In particular, there are a number of innovative website browser extensions that enable shoppers to access real time clothing coupon codes, which can be applied to reduce the cost of luxury garments. The main advantage of these online vouchers is that you do not need to search for them manually, as they are simply applied to your basket while you shop.
The Last Word for Consumers
While you may feel justified in adopting a cautious outlook as a consumer in 2013, there is ample opportunity to seek out luxury garments for less. Regardless of the individual techniques that you use to secure low cost luxury products, however, it is important to first reconsider your philosophy and prioritize value for money over bottom line cost.