Question abt consignment
 

Hi All,

I intend to consign my stuffs to pushcart/shop. But i don't know how can i trust them? Will they take my stuff and go away? Do i need to sign a contract OR ask them to place a deposit 1st? Pls give me your precious advice. THX!!:confused2:

Re: Question abt consignment
 

i also wish to do some consignment goods so pls update me....

Re: Question abt consignment
 

Hi ,

Of cos need some deposit or sign contract...

But u must trust others...

Re: Question abt consignment
 

hi,

what kind of goods do you have?>

regards
hiro

Re: Question abt consignment
 

i also wish to do some consignment goods so pls update me....

Re: Question abt consignment
 

hello can let me have more details. thanks ;p

Re: Question abt consignment
 

Person who u consign must get a deposit from him/her.
After items sold,your sales can deduct from the deposit.

Must get deposit to keep a safety for yourself.
A theif is beside u,u also dun knoe.Later U found out you won't lost
too much.

Deposit amount depends how much quanity u passing to the person.
Deposit amount must nearest but lesser $20/$50/100 than your total quanity
prices. Is up to u to set.

But less ppl will run away if your items are sellable,maybe he/she will change
to wholesale from u.

Me is quite trustable person,i denfinity won't run away.
But Pls dun think i consign your items i confirm will help u sold out alot.
Sometimes yes,sometimes no.
Depends the location,customers,your prices & what items u selling.

Re: Question abt consignment
 

Just curious, normally what terms do your contract include?

tks :)

Re: Question abt consignment
 

Muz include let who bare the spolit and demage cost price and both muz agree the deposit money and etc...

Think of u passing ur stuff to others what u wan them to do ?

Re: Question abt consignment
 

Preciously! Jamie, I agree with you.

For those who may yet to experience consigning, usually a contract normally protects the interest of yourself but of course the terms has to be reasonable and agreeable by both parties. Just a generic contract will do - do not complicate as though a contract from a lawyer.

What situations do you normally face if you run a shop?
Normal situations would be - Damage, dirt, broken, lost & theft etc. How do you split? Do you or the shop/cart owner bare the losses or either split equally?

For the security deposit, I doubt anyone would want to give you any money though your goods are consigned to them. Firstly, they have a shop front and you could look for them anytime you want. Similarly, they don't trust you either, what if you supply them some "unwanted goods" and you run away with the security deposit and how are they going to look for you.

Trust is essential in business. Before you work with them, talk to the boss and you should be able to sense if he/she is a genuine person based on your instincts. If you still can't base on this, you can always ask them to show you their leasing contracts with the mall to assure you when their lease is due. Alternatively, your contract can always include both business registration number or NRIC. But if your consignment value not much, a contract may be too exaggerating.

Re: Question abt consignment
 

I am operating a pushcart, may i know what kind of products you want to sell? Thanks :clap:

Re: Question abt consignment
 

Hi ,

Put it clear consignment goods can be in many condition .not all the same it depend on both partie.

First do some homeworkz go arround and find info on them before consigning ,eg,how long have they in businessand so on. .Meet them and have a cup of coffee are they interested in your products and can this products be sell in they place. Follow discuss about the term and condition.
There must be a simple contact that both feel comfortable since in Business we must works first in trust second in trust and third in TRUST too...
Deposit and commission is all depend on both veiw.
When comfirm this is only start more important job to do, you not only lift stuffs there and must also monitor the sales reason behind not moving etc..homeworks have to be done coz you not only supply them goods also supply them business so that both will be in win - win terms
Everyone do want business to move and carry on right so you must do your parts too....
Do and Don't
Do Homeworkz , Do support , Do helpfull ,Do right thing
Don't short cut ,Don't handoff , Don't high forhead , Don't do wrong thing.

Love and Belove business rule
Hope this info help and all the best.

Kioskwerkz

Re: Question abt consignment
 

i wish to consign my item too, Toys n books :-)

Re: Question abt consignment
 

In this world, nothing is FOC, business is business... it has to be fair. Look at it this way, you are just taking a chance and hopes it can be a win win situation, do not always take yourself as the best interest. TRUST is the best to work things out. If too much worries and hassels, and matters so much why dont take up a space and mend your own and employ some ones to do it for you if you trust nobody except yourself. Every biz there is a risk to take.

Re: Question abt consignment
 

I want to clear some stocks, mainly bags and apparels but have no time to do flea market sales. I have tried online auctions but results very slow. Those running fleas or yellow box or those who need stocks for their carts can pm me.

Re: Question abt consignment
 

Re: Question abt consignment
 

Hi People

Please post your consignment offers in BizHub Home » Consignment and Business Opportunities

Thank you.