Layaway in the Consignment Store. Profit or Pain?

layaway in the consignment store

Layaway in the Consignment Store “I really, really like this piece, but I don’t get paid until next Friday. I would love to get it before it’s gone. Do you have a layaway plan?” We hear some version of this question at least a couple times a week. After a few months in the consignment…

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Circular Marketing in Consignment

Circular Marketing in Consignment

What is Circular Marketing in Consignment? Although I’ve been using the term “circular marketing” for about 3 years now, I’m not exactly sure what the official term means. Based on a quick Google search, it seems to mean a marketing message that runs throughout every platform in a marketing strategy (see this article for more).…

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Tips for Inventory Screening in Consignment

tips for inventory screening in consignment

She was not only 85 years old, but was also a dear neighbor of mine. She called the store and left a message for me to stop by her house and see if I could help her liquidate some things as she was about to transition to a care home. My heart sunk because I knew…

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Consignment Contract: The Key to Satisfied Consignors

consignment contract consignor contract

She walked in on a Monday morning after a long hard weekend trying to manage family issues that were unmanageable.  Her son, in his early twenties, had been arrested for a DUI and she had to bail him out of jail… again. She was broke and it was coming up on consignor payout day at…

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Managing the Markdown Schedule

managing markdown schedule

Managing the Markdown Schedule in Your Consignment Store Having been in the consignment business for several years, you would think that I have heard of every markdown schedule out there.  Well, today I was introduced to one that I haven’t heard before!  In a casual conversation at a business meeting, a gentleman told me that his…

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Our Top 4 Factors that Lead to Customer Loyalty

factors that lead to customer loyalty

Meet the Jones’ There were the Jones’, who came in at least a dozen times before they ever made a purchase. And every time I saw them coming I would try to find something else that had to be done immediately so I could exit through the back door. Ladies and Gentlemen, Kevin has left…

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When is the best time to sell at a consignment store?

when is the best time to sell at a consignment store

One of the questions I hear more often than others at our furniture consignment store is, “What is the best time of year to sell furniture?” That’s a great question to tackle this week on Backstage at the Leaf. The short answer is that any time is a great time to sell at a furniture…

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