Luxury Bag Rental Business, Is It Profitable?

[Suba]

Discussing with financially literate women will be very enjoyable and greatly increase insight and enlightenment. They discuss about the bag business, whether it is investing in luxury bags or opening a luxury bag rental business. In general, luxury bags will be rented for a certain period, either daily or weekly. Opening a luxury bag business will certainly be a solution for women to attend special events, such as parties, they can even change models and brands of luxury bags at each different event, besides that, they (customers) also try various types of bags before they decide to buy and collect them in their personal closet. So in your opinion, is opening a luxury bag rental service profitable?

 

[eLdavis]

I think this is a lucrative business but it has to do with location. This won't work in most locations.

 

[Kera]

I don't see people rent bags here, luxury or not. They would rather borrow those bags from friends and relatives.

 

[Starmix]

It's not happening in the city where I live. But I do not know the other cities in my country. Who knows in Manila there is for the celebrities to rent. Most celebrities just rent they don't buy. The reason is they do not retain some products. They always want new to the eyes of their fans, so they prefer to rent.