Behavioral Economics

make0016IMG_3913I stopped buying fabric remnants at Walmart a while back now because the remnants at Walmart are only discounted 20% off. When the price of fabric at Walmart used to sell for less, it seemed like the remnants with the 20% off discount was costing very little money at all. So, even if it was a little less or a little more than I needed or not quite enough for what I had in mind for that specific project, it was easy to purchase them anyway.

But, when the price of fabric went up at Walmart, the extra 20% off the remnants price just didn’t seem like it was that much of a discount. To me the remnants cost still seemed to be expensive in my mind. It made you stop, think twice and look carefully instead of just tossing the remnants in your shopping cart without much thought about the cost.

IMG_3908IMG_3909Now it does matter to me if the remnant is too little, too big, or doesn’t quite match what I had in mind. The illusion of saving more or getting a deal on the remnant pieces just isn’t there anymore, so why not get exactly what you want and need cut directly from the bolt?

Recently while doing some shopping at Walmart for items other than fabric, I ended up purchasing almost every remnant my Walmart had. Why, you might ask? Let me tell you why…

My local Walmart was prepping for it’s inventory, and I just happened to be at the right place at the right time for once. All of the remnants in the bin had been marked down to clear them out before their inventory. Most of the remnants had been marked down to a half of the 20% off price. That was about a 70% savings off the regular cost. Some of the remnants were not IMG_3910IMG_3911marked down quite by half and a few were marked down more than a half. Regardless of whether it was more or less, the remnants were a great price and I did not hesitate toss almost all of them from the bin into my cart. I think the only thing I left in the remnant bin were a couple of pieces that I definitely knew I would have no use for, like a small piece of vinyl and some cheap fleece.

I hauled my treasures home and I have had a great time sorting and matching the pieces with other fabrics in my fabric stash and creating a sewing project for each piece that I purchased. I am so excited about the remnants that I purchased that I’m not even planning on storing these remnants in the stash. Instead, I want to get them sewn up right away.

So, I guess that is my cue! I had better get busy sewing! Winter is coming…

Until then, Sew Forth and Remnant On!IMG_3917

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