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At the time of writing, a white, cotton blend, v-neck t-shirt on Quince's site cost $15 while a very similar shirt cost $50 on Banana
At the time of writing, a white, cotton blend, v-neck t-shirt on Quince's site cost $15 while a very similar shirt cost $50 on Banana Republic's site. How does Quince explain its lower prices? Question 2 options: Quince materials are lower quality than BR's. Quince's stores are in lower-end strip malls and sketchier parts of town, while Banana Republic rents very expensive retail locations. Vertical integration: Quince sells directly to customers via the website, rather than paying for sourcing agents, warehouses, and retail rents. Quince cuts corners on sustainability, sacrificing environmental safety to produce cheaper clothing
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