Current:Home > FinanceTrader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds -Infinite Profit Zone
Trader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds
View
Date:2025-04-15 20:34:03
NEW YORK (AP) — Trader Joe’s mini canvas tote is the latest item to cause a stir on social media, so much so that resellers are taking advantage of the hype.
The mini totes are offered in four colors — blue, red, green, and yellow — and they are all in high demand. The bags, retailing for $2.99, are now advertised on platforms like eBay and Facebook Marketplace for many times their original price.
Offers from third-party sellers range significantly, but as of Wednesday, listings ranged from about $20 for a single bag to as high as $999 for a set of four.
Videos shared on social media show crowds of customers visiting Trader Joe’s stores hoping to get their hands on one of the highly-coveted mini totes. Beyond the checkout line, TikTokers have gained tens of thousands of views for sharing and customizing their bags with detail paint, buttons, and embroidery designs.
“Our Mini Canvas Tote Bags certainly sold more quickly than we anticipated,” said Nakia Rohde, a spokesperson for Trader Joe’s. “Before we had the opportunity to promote them in any way, customers across the country found them at their neighborhood Trader Joe’s.”
While Trader Joe’s is no stranger to having its products go viral, the Monrovia, California-based grocery chain also said it does not condone the reselling its products — with Rohde stressing that “our customers, in our stores, are our focus.”
Exclusivity and limited supply are always key factors impacting both prices and consumer behavior. Beyond the added influence of the internet, that’s previously been displayed in demand for products ranging from the scarcity of Huy Fong Foods’ Sriracha to empty toilet paper shelves seen at the start of the COVID-19 pandemic.
Of course, Trader Joe’s mini totes aren’t the first to become a viral sensation. Stanley cups, for example, similarly skyrocketed to online fame this year, with demand for the tumblers causing chaos at retailers nationwide. Limited-edition Stanley cups have also been priced up by third-party sellers.
The mini totes have sold out in stores across the country, but shoppers can expect to see them return. “We do have more Trader Joe’s Mini Canvas Tote Bags coming,” said Rohde. “Customers can expect to see them in our stores in late summer.”
______________
AP Business Reporter Wyatte Grantham-Philips contributed to this report from New York.
veryGood! (33297)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- WNBA and players’ union closing in on opt out date for current collective bargaining agreement
- Dodgers vs Mets live updates: NLCS Game 1 time, lineups, MLB playoffs TV channel
- Texas still No. 1, Ohio State tumbles after Oregon loss in US LBM Coaches Poll after Week 7
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Pilot killed and passenger injured as small plane crashes in Georgia neighborhood
- Europa Clipper prepared to launch to Jupiter moon to search for life: How to watch
- Tour guide identified as victim who died in Colorado gold mine elevator malfunction
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Ariel Winter Reveals Where She Stands With Her Modern Family Costars
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Ariana Grande hosts ‘SNL’ for the first time since the last female presidential nominee
- A 'Trooper': Florida dog rescued from Hurricane Milton on I-75 awaits adoption
- Indigenous Peoples Day celebrated with an eye on the election
- Former Syrian official arrested in California who oversaw prison charged with torture
- Man with loaded gun arrested at checkpoint near Donald Trump’s weekend rally in Southern California
- 'Saturday Night Live' brilliantly spoofs UFC promos with Ariana Grande as Celine Dion
- Aidan Hutchinson injury update: Lions DE suffers broken tibia vs. Cowboys
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
USMNT shakes off malaise, wins new coach Mauricio Pochettino's debut
Bethany Hamilton Makes Plea to Help Her Nephew, 3, After Drowning Incident
Cowboys stuck in a house of horrors with latest home blowout loss to Lions
Federal hiring is about to get the Trump treatment
Week 6 fantasy football rankings: PPR, half-PPR and standard leagues
Alex Bowman eliminated from NASCAR playoffs after car fails inspection at Charlotte
Travis Hunter injury update: Colorado star left K-State game with apparent shoulder injury