Whether you want to open a box of enticing, new-to-you snacks to try each month, or you need frequent refills of your favorite facial treatment, using vitamin subscription services and auto-ship is a cost-effective and convenient way to receive the items you love on a regular basis. And the best part? You don’t have to leave your home to buy them.
One of the latest trends in the world of subscription and auto-shipping services is clothing and furniture subscription. If you’re stuck in a fashion rut or want to try out different styles of clothing without spending a small fortune, you could have high fashion delivered to your door each month.
Trendy and Stylish Clothing Delivered Right to Your Door… What’s Not to Love?
The advantage of fashion subscriptions is that they allow you to try premium clothing and experiment with different styles and fleeting trends without having to purchase anything. They can help you be more fashionable, especially if you have trouble picking out clothing and mixing and matching pieces on your own.
Some services give you the option to purchase the clothing if you like it or return it if you don’t want to keep it. You may even be allowed to skip a month when you don’t want to receive a new box quite yet. Best of all, you don’t have to spend any time at the shopping mall waiting in long lines or trying on clothes. Popular clothing subscription services include Stitchfix, Le Tote, and Fabletics. Gwynnie Bee is the go-to for plus-sized fashionistas.
Rent the Runway is a popular designer dress rental service that offers dresses for all occasions. They have expanded into the monthly subscription realm with Rent the Runway Unlimited, which allows subscribers to rent clothes for work, weekends, and special occasions. Customers can return or swap items and have the option to buy the clothing after rental at a discount. Rent the Runway Unlimited also includes free shipping and dry cleaning.
With the cost of a clothing subscription box being around $50 per month, it wouldn’t be difficult to stay within the recommended annual clothing budget while using an auto-shipping service. However, if you’re the type of person who doesn’t shop a lot, a clothing subscription is probably overkill.
Furniture Rental: The Wave of the Future?
A fashion subscription is one thing… but a furniture subscription? The business of renting furniture is nothing new but furniture subscriptions are a novel concept. With this up-and-coming subscription model, you can have furniture delivered to you when you rent a new place and then return it when you move out. In exchange for a monthly fee, you can hold onto the furniture for as long as you need to and add, swap, or return pieces. You also have the option to purchase any pieces you’d like to keep.
Feather is a popular furniture subscription service that they say gives customers, “furniture freedom.” Feather offers free delivery and assembly and has partnerships with West Elm, Joybird, Pottery Barn, and Casper. They also offer Feather-branded furniture.
Feather customers can rent bedroom, living room, and dining room furniture. Pricing for Feather’s subscription service is based on each piece you rent. For example, the cost of renting an $899 West Elm sofa starts at $52 per month for 12 months. If you decide after that year that you want to buy the sofa, you would just have to pay the difference, or $275. The shorter the duration of the lease, the higher the monthly cost. For instance, that same sofa would cost $201 per month to rent for two months. Fernish is another such furniture rental service that offers a similar payment structure.
Furniture subscription services are still in their infancy, but if successful in the long-term, these startups could be a real game changer. These services are currently only available in major cities. But the concept is likely to spread to other parts of the country.
What’s the Verdict? Do Subscription Services Actually Save You Money?
From clothing to furniture to entertainment, there is no shortage of subscription services to choose from. But when it comes to saving money and budgeting, subscription services aren’t the most affordable choice. They offer convenience and allow you to try out products without purchasing them in some cases, but when it comes down to dollar amounts, they don’t really make “cents” (pardon the pun).
You’re better off purchasing your own clothing and furniture on sale or secondhand if you want to save money. But for products like food, vitamins and cosmetics, having the option to try out different products and see what you like best could allow you to effortlessly explore what’s out there and experiment with products you normally wouldn’t try. With so many unique subscription services available, it all comes down to what you enjoy and value the most.