Raine Dragon (rainedragon) wrote in egl,
Raine Dragon
rainedragon
egl

  • Mood:

Yen, Yuan, USD, Euro and the Impact on Purchase Trends?

Over the past 6 months or so, the US dollar to yen exchange has changed drastically, with the yen being significantly weaker than the dollar. At the same time, the US dollar to Chinese Yuan exchange rate has remained relatively constant. Even the Euro to Yen exchange has been good up until about last week. Which brings me to this: how has this impacted your buying habits? Over a year ago, I have to say I was much more likely to buy a random dress or blouse on taobao because the prices were pretty good. But with the huge fluctuation in exchange rate, and the decline in popularity of Angelic Pretty, I've found a lot of things I really wanted second hand on auction for prices that beat the taobao prices. Which has resulted in me buying a lot more from mbok and Y!J than I would have if the rates were worse (not just more items, but spending more in general). And I haven't felt a need to really buy blouses or whatever from taobao because I can get a cheap brand blouse so easily.

If the exchange rate continues to be in the favor of USD to this degree (or even goes more in the favor of USD), do you think it will impact sales of taobao items?

A lot of taobao brands have been really stepping up their game, and a few prints have been fairly popular lately, If this continues, do you think we might start to see more taobao items priced higher than the average secondhand brand item? Do you think this would cause a shift in their customer base?

yen

ero

(Currency trends from Yahoo Finance; I'm not in the finance field and am far from an export, so please correct me if I've made any errors here)
USD/Yen: http://finance.yahoo.com/echarts?s=USDJPY%3DX+Interactive#
USD/Yuan: http://finance.yahoo.com/echarts?s=USDCNY%3DX+Interactive#
Euro/Yen: http://finance.yahoo.com/echarts?s=EURJPY%3DX+Interactive#
Tags: !how do i tag this, discussion: misc, marketplace: taobao
Subscribe

  • Unreleased Items You Wish Were Released?

    I was looking through some of my old (ouch) AP catalogs and in one of them from 2014 there was this marshmallow bag pictured with the re-release of…

  • Question for brands/seamstresses/designers

    Hi everyone! Recently I’ve been looking more into how Lolita dresses are made, and I had no idea that some brands had designers separate from the…

  • LF: INDIE LOLITA BRANDS

    Looking for Indie/Small Lolita brands! Hi, I was wondering if there was a place I could look for small owned Lolita brands ! Especially US based ^^…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 7 comments