Consignment stores how does it work

Most everything I offer for sale moves quickly and for a good price. Do you have a preference or experience finding better deals at thrift shops vs. For my books I usually go to Half Price Books no I do not always get what I feel that I should for what I donate but, on the plus side I get a bit of extra cash and I get rid of my books. Plus when you are sneaking out that toy that is so obnoxious it makes you cringe every time your child plays with it or turns it on for me it is a Big win just to get it gone without the drama.

Have had success with both. There IS a consignment shop nearby here in South Orange County, California in Newport Beach but i hear that they are snooty at buying your stuff and many times, they have been known to not even take any of your clothes!

One of these days I will do it and might even blog about it, lol! We use thrift stores and charity pickups all the time—the tax savings typically netted us as much as the other options without the headache.

You have no idea how long I have searched for ideas on how to get rid of my stuff and make a profit. Today I just put the right words in the search engine. Friends in need. Thanks guys. It looks as though the market is pretty saturated? Probably not a good retirement family career business?

It started out by cleaning out my basement and selling through resale sites on line. That is what I currently continue to do, but there are so many things that might yesI said might move better in a store.

We live in Taylor, Mi. My personal favorite is thrifting. People often under-estimate thrift stores, but with some patience, you can walk away with some great items! I love adding to my wardrobe and the thrift store allows me to do so! I blog about all the amazing stuff I find to show people how amazing thrift stores can be! You can be fashionable on a budget! Recently though, FaceBook buy, sell, swap, yard sale pages have popped up. You can arrange the sale for a public location without them coming to your home!

Great post! I always wanted a run down on consignment shops. However, I think the pawn shop description is wrong. Huge difference between a resale shop and pawn is that pawning gives you the option to use your belongings as a loan to get money or you can sell your items to them and get money that way.

I know! I had an experience with a consignment shop that was not a good one. When we moved from Arkansas to Texas, we left the baby bed my son had outgrown with a consignment shop. We called the consignment shop a month after we moved and they told us they thought they would be selling it in the next day or two.

Two weeks later we found out the business closed their doors due to bankruptcy. We never heard from them again. I have found Facebook Yardsale sights to be the very best for selling stuff.

Especially if you live in a big metropolitan area or near a ritzy neighborhood. The seller goes in order of interest and through private message the two agree upon a price and method of exchange, most meet in a store parking lot or other public place. This can be a great way to get the most for your money at your easiest convenience! I always felt like it was safe meeting people in a public place with buyers and sellers from Facebook.

Also, I recently started selling my kids gently used clothes, toys, games etc at the kids exchange a huge consignment event in Raleigh NC twice a year. It beats selling them at a yard sell or an reselling kids consignment store. I sell my gently used or new clothes at Hut 8 in They except more of my clothes than platos closet.

I also sell on eBay with kids coats, kid shoes, and video games which sells well on there. I found this entire article to be full of misinformation. Our shop in in the busiest plaza and usually has a line at the checkout. We are so busy in fact, and sell item so quickly that we never stop taking items because we are too full.

Thank you for your comment! In my opinion this article incorrect. I own a consignment shop that sells everything and everything. I accept designer clothing from Old Navy type of brands. My consignors do well at my store and keep coming back with more items. Half eventually is paid out to consignors when the come in to check their accout balances.

Not bad for for items they no longer wanted or needed! If you are going to open a consignment store, do NOT limit the type of consignment accepted. I get all types of people from wealthy, middle class, to those less fortunate. Some only buy designer labels, others could care less about labels, and others that only shop the clearance racks.

If you have winter boots you've outgrown and June is coming up, save the boots in a safe place until cooler weather comes around. Once the appropriate clothing for the season is chosen, make sure it is washed. Depending on the item, you may need to iron as well. Check your local consignment shop to see what their policies are. Some places want you to bring clothing in on hangers while others would rather have it folded in boxes or bins.

Adhere to the policy to save you and the owner some time and to increase your chances of selling your clothes and accessories. Consignment shops often have 30, 60 or day time slots available for you to try to sell your clothes.

If your clothing item doesn't sell within the allotted number of days, you can either pick it up from the store or allow the owner to set a discounted price in an effort to sell. You will receive less money for discounted clothing, if any at all. If you pick the clothing up, you can try selling it elsewhere or donate it to charity. Consider the amount of time it can take to sell clothing at consignment shops before taking your items there. It can provide profits in the long run a month or two , but the shops are usually not a good way to make quick money.

Actual shops aren't the only place to try to sell your used clothes. Online sites like eBay, Amazon and Craigslist also provide an easy way to make money. Exchanges can be done in the comfort of your own home and your item is open to a much wider population of buyers than a small, local store.

Online transactions can also provide you with a profit within a few days of putting your clothing up for sale. If you do sell, be prepared to deal with the shipping and handling costs. Selling clothes to consignment shops can also give you an excuse to browse and buy clothing for yourself. It means that the shop acts as a middleman, taking goods or clothes from the owner and then displaying it in their stores for sale. If the good or clothes are purchased by someone, the shopkeeper passes on a small part of the profit to the owner.

If not, the owner can come and collect their wares without any fee or even opt to donate it. Most consignment stores charge a standard fee for keeping your clothes in their shop for sale and selling the item. There are two consignment options for sellers. The first is to go to your local consignment store and drop off your clothes, accessories etc.

Every consignment shop has a separate set of policies. It is best to search for a consignment shop in Toronto based on what policies they have and how best they can work in your favour.