Over the past year I have been exposed to the wonderful world of consignment and I have become quite a fan. There is a store in our city that is dedicated to children's consignment and they do a beautiful job. Now we all know how quickly our little ogres out grow things. Toys they loved yesterday are now an after thought and how about those growths spurts. My little girl decided to skip over size 3T entirely, which made my after Christmas returns much more interesting. If you can find the right consignment store this could be a revolving door of extra income. I have found, however, that the store is very important. An overcrowded store is a big negative. Shoppers need to be able to shop without having to plunge themselves into an abyss of onesies and PJ's. Obviously, the store and it's items must be clean. At Repeat Street, the store I love, they make sure that every item they take is like new and their store is impeccably clean. All of this makes for a desirable shopping experience and a win-win situation for all involved. As a consignor you are much more likely to make money off of the items you bring in if the store possesses these qualities. Typically the store will price items at half of the retail price. You then receive an agreed upon amount when the items sell (50% is common). As long as the store is neat, clean,and easy to navigate you will make money in the time frame alloted. Often times they will keep the items for up to 60-90 days and what doesn't sell you can either take back or they will donate them. In the past month I have made approximately $75-100 dollars in children's consigning alone and I feel good knowing that the remaining items are given to those in need. So, the next time you marvel at the fact that you just bought that outfit that no longer fits your angel, consider consigning. As a stay at home mom it never hurts to make some extra money. By the way, you can also get great deals on name brand items. Pass It Along!!!
Saturday, February 9, 2008
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