What Are the Consignment Trends Out There?
 

Hi,

Need a little help here.

I am selling ladies pouches and like to go for consignment. My intention is to build volume. But as a beginner, I do not know :

1) do I control the final selling price?

2) what is the common commission rate out there with reference to the selling price?

3) if the store owner really push my products equally as he/she does for his/her core products?

4) if payment is prompt?

I greatly appreciate kind souls out there to share your experience with me, what to avoid, what to focus. Please share your other encounters (be it good or bad ones) with me.

Many thanks

Re: What Are the Consignment Trends Out There?
 

I got alot of office wear to get rid off but don't know how.Anybody here can give advice?

Re: What Are the Consignment Trends Out There?
 

hi,
only my 2 cents..
1/2.ask urself wat u wan?u wan stock o u wan $$?bcos if u wan to go for consignment, u cant control too much of $$, normally ppl go for 30/70, or 40/60, u wan ur thing go fast, lower ur consigment price, let d ppl have more profit, they have more "heart" to sell ur products.
3. no need to worry abt them, they wan to take ur products of course they r really ready to protect themselve 1st, ur products must b a "supplement" for them, since they space, have extra stuff, sales already applied, y not??!
4.normally ppl will ask % of $ the products as a deposit, refund after whole mission.
Explain to them if they really wan to make $$, go for cash, ggv them more survivoble price, one hand u can get ur cash back faster, ppl can sell ur stuff, double win, y not??but always remember, u mus have a very gd price when u import by urself, if not, u only do for nothing.
dis is really my 2 cents suggestion, mayb others have much more better way other than me, correct me if i am wrong, really need other voice too..

:thanx:

Re: What Are the Consignment Trends Out There?
 

Get a push cart at Change Alley or lease from SMRT an event space at Raffles Xchange. :yippee:

Re: What Are the Consignment Trends Out There?
 

Thought of renting a bazaar stall in Suntec on 14th to 16th August got too many stock and I also had I got a shop to look after no time to look after a pushcart.:laff:

Re: What Are the Consignment Trends Out There?
 

I think it's it's 40% /60%... but do not expect store owner to push product.

I used to do consignment, but I find it a waste of my time... sometimes a week they sell SGD 12, SGD 20... what is the point. wast my time to go replenish items too.

If U can to clear.. get a space yourself to clear..... it more effective... just my 2 cents worth

Re: What Are the Consignment Trends Out There?
 

Hi, totally agreed to Cecelia. Many ppl don't see it that way they just want to benefit themslv when they consign the goods. They never thought abt rentals, sales staff and other expenses that the consignor has to come out with. Some ppl consign their goods and in the mean time they are also selling it themslv at a not so high price. they give $5 to the consignor and they themsleves sell @ $8.00. You don't expect ppl to earn just a $3.00. So when you want to consign your things out. You must be very fair and put yourslv in their shoes. When they can profit more they will have the heart to push out your things and what's more you get quick sales n fast cash.:)

Re: What Are the Consignment Trends Out There?
 

Hi,

I wish to sell my handicraft to stall/cart owners.

I like to crochet in my free time and had 30 to 40 pcs of coin purse/card holder etc.

Anyone interested wants to buy?

Thanks