I have been looking around some consignment shops in the area, some have a
low space rental + commission; some have a hefty space rental but no
commission.
The place I looked at today would charge $240/mo for ~8x10 booth, but no
commission. Not bad if your stuff sells.
Another place charges a lower space rental, $80/mo for ~8x10 floorspace +
20% commission. You can also leave single pieces with no space charge but
much higher (~40% commission).
Both places specialize in furniture and a wide variety of crafts. I haven't
got down to brass tacks with these folks yet... anything I should be wary
of? Questions to ask? Anyone here have any positive experiences selling by
consignment?
TIA
--
McQualude
JGS spaketh...
> From my experience, one statement needs clarification. What does 20%
> commission ...mean. Does it mean they take your price and add
> 20% to arrive at a price or do they take 20% of the sale price.
> Cheers, JG
Both, you set the minimum price, they add 20%, but reserve the right to
offer promotional discounts (up to 10%). The discount comes off the minimum
sale price.
--
McQualude
I think the real decision comes down to the math but you can't make
that determination until you can see what kind of volume you can
generate.
I can say that straight consignment here in California is 50% and most
of the places like to set the price themselves. In the furniture
places that are mostly selling used furniture also typicially start
lowering the price each month. Interestingly, if you can afford to
sell at their prices, these places sell a very high percentage opf
what they take in.
BW
McQualude <[email protected]> wrote in message news:<[email protected]>...
> I have been looking around some consignment shops in the area, some have a
> low space rental + commission; some have a hefty space rental but no
> commission.
>
> The place I looked at today would charge $240/mo for ~8x10 booth, but no
> commission. Not bad if your stuff sells.
>
> Another place charges a lower space rental, $80/mo for ~8x10 floorspace +
> 20% commission. You can also leave single pieces with no space charge but
> much higher (~40% commission).
>
> Both places specialize in furniture and a wide variety of crafts. I haven't
> got down to brass tacks with these folks yet... anything I should be wary
> of? Questions to ask? Anyone here have any positive experiences selling by
> consignment?
> TIA
McQualude wrote:
>Anyone here have any positive experiences selling by consignment?
Yes. The place I dealt with was a gallery and they took my
stuff (turned boxes and bowls (bowels here on the wreck)) on
true consignment (I didn't pay rent). It was good for
additional spending money every week but I didn't/couldn't
make a living on that one shop. That was twenty years ago
and the minor details have been long forgotten.
UA100