Fossil Outlet vs. Retail: Differences, Quality & Price 2024
Fossil Brand Origin and History
Fossil is an American leather and watch company known for its vintage-inspired watches, leather bags, wallets, jewelry, sunglasses and accessories.
Founded in 1984 by Tom Kartsotis and based in Richardson, Texas, Fossil credits the year 1954 with its creative foundation. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, Misfit, WSI, and Zodiac Watches.
The various brands that Fossil owns or licenses have different product philosophies, but the overriding mission is to provide unique product at a reasonable price.Their main product was fashion watches with a retro look. In 1990, they introduced leather goods under the Fossil brand, and the Relic line of watches.
Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.
What is the difference between Fossil Outlet and Retail?
1. Fossil Outlet vs. Retail Store
What's Retail store?
Retail store is a place of business usually owned and operated by a retailer but sometimes owned and operated by a manufacturer or by someone other than a retailer in which merchandise is sold primarily to ultimate consumers. Retailers satisfy demand identified through a supply chain.
Today, consumer can shop for Nike goods and services in a wide variety of stores. The important types of retail stores are: speciality store, department store, super market, convenience store, discount store, superstore, hypermarket, etc.
What's Outlet store?
Outlets, also known as factory outlets or outlet stores, are a type of store that directly sells their products from the manufacturer to the public, often at discounted prices. Thus, the key difference between outlet and store is that outlets are directly connected to the manufacturer and don’t typically involves middlemen whereas general stores involve middlemen.
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2. Fossil Retail vs Outlet Prices
Fossil Retail / Boutique items' Prices
A retail store sells quality commodities, but at a standard retail price. On Fossil online offcial site, we can see Fossil items' retail prices: Watches & Smartwatches & accessories: $15-319; Bags:$100-$500; Leather Wallets: $32.99-$100; Jewelry: $20-$100.
The expensive Fossil watches and are found in the Mechanical and Smartwatch collections. Fossil makes high-quality watches that will perform great for years on end. They use quality materials for their highly accurate and durable watches.
Fossil Outlet items' Prices
The Fossil Outlet prices are actually pretty great. You will get perfect Fossil items for a low price. Stocked with a variety of small leather accessories, watches, handbags and more great items, a Fossil watch outlet store is a great place to find the perfect thing to give to a special recipient on any occasion.
However, it is important to mention that you need to be lucky. You will need to be lucky to find the items that you want and then to check if they are available. Outlet items are marked down between 50-70% off.
3. Fossil Retail vs Outlet Different Target Customers
Fossil Retail's Customers
Fossil's target audience is broad compared to its competitors. The target consumers are working age adults (18-40 year old Millennials and Gen Xers), both male and female.
Fashion trends and low price tags drive purchases of watches such as a Fossil. Higher end Fossil watches, such as the new line of Made In Switzerland timepieces, and brands such as Rolex and Tag Heuer are considered status symbols. Watches are also very “gift able” items, whether for a graduation or for Christmas.
Fossil Outlet's Customers
The financial statuses of customers are what drive purchases of the types of watches. The customers of Fossil outlet stores are usually who want great deals on items. They're usually on the younger end of the spectrum without the funds to make repeat purchases. They like the style or products of Fossil brand and they are not care about whether it's the latest styles or popular styles in classic colors. So them will choose Fossil outlet.
4. Fossil Retail vs Outlet Quality
Fossil Retail items' Quality
Fossil's watches and handbags are also usually of good quality and they have a wide variety of products to fit a lot of different styles. Fossil has design studios in Biel, Switzerland, close to Rolex as well as manufacturing facilities in China and distribution centers in Dallas, Germany, and Asia.Their accessories are also great, high quality and always revamping to make things better.
Fossil Outlet items' Quality
1) Many major retailers use outlet stores to sell overstock items and out-of-season items at a cheaper price. These products are of good quality, but retailers lack the room to stock these items. And some outlet stores sell damaged, gently used or new merchandise that has some type of blemish or irregularity.
2) Some outlets also sell products made specifically for outlet outlets. The franchise outlet stores may use the lower-quality material in the products sold at those outlets than the material they use for items they sell at retail locations.
5. Does Fossil has online outlet store?
Fossil does have a legitimate online outlet, but it is a part of official website - fossil.com, the company's official website. And you can enjoy up to 70% OFF + EXTRA 15% OFF outlet styles currently. Use Code: BESTEVER.
6. Fossil Outlet Store Location
There are 49 Fossil stores in the United States, including retail stores and outlet stores. The following are the addresses of Fossil outlet stores. If you want to find a store near you, you can click here to check.
Fossil Outlet at Livermore Premium Outlets
2962 Paragon Outlets Drive Suite 265 Livermore, CA 94551
(925) 443-3642
Fossil Outlet store at Vacaville Premium Outlets
101 Nut Tree Rd. Vacaville, CA 95687
(707) 448-4319
7. Can you return to Fossil outlet?
Fossil accept returns of unworn merchandise up to 90 days from purchase for a full refund.
Where to buy Fossil the cheapest?
Fossil items are available in Fossil retail stores, outlet stores and online. Sign up at Extrabux.com, you can get up to 7% cash back on your purchase at these sites!
fossil.com/en-us (1.5-2% cashback)
fossil.com/en-au (7%- 8% cashback)
nordstromrack.com (1.5-2% cashback)
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