EARN MONEY BY CONSIGNING YOUR STUFF The current economic condition has made shoppers wary of spending many mindlessly on shopping. They are mostly looking out for deals and discounts so as to make savings. This has given rise to consignment shops Bay area. Consignment shops work in a number of ways allowing people to make money off their used items. Right from clothes to furniture to household items everything can be sold at consignment shops. Shoppers can find some very interesting deals in these consignment shops.
Consignment shops basically work in two manners: upfront payment or profit-sharing. Both of these methods have their own set of advantages and disadvantages. Not all the consignment shops will offer both these options.
In case of upfront payment, store employee will go through the items that you have given and determine whether it is worth selling or not. Usually, common items such as shoes, jac kets, shirts et cetera have a fixed predetermined prices. After collecting the items the total is calculated and the owner is given either cash or store credit. Most shops offer higher store credit since the money stays within the shop. Both the payments are beneficial, however if you looking to make money, then you should opt for taking cash.
In case of profit-sharing, the owner does not receive any cash or store credit instead you will be given account number and your items will be tagged with this account number. The shop owner will set the price of your items with what he feels appropriate and as a fair price. As the items are sold the profit is shared between the shop owner and the owner of the items. This sharing is done according to the agreement made before. You can collect your share either in cash or store credit.
Like physical consignment shops, you will also find many online consignment shops where you can sell your products. These online consignment shops work on the same principles as physical shops and are an ideal way of getting rid of your old stuff which are usable. Keep in mind that whatever you want to sell, it should be in a good condition to be able to attract buyers and to sell it. In case of clothes, make sure they are high end brands or designer wear so that more customers are attracted towards buying it. Therefore, keep all this factors in mind before you consign your products.
When you decide to consign your stuff, make sure you do proper background research and learn about their terms and conditions. There are no standard rules between shops, therefore it is important to learn the rules before signing the consignment paper. If there is anything that you don’t agree to, you can first have a talk with the shop owner and then agree for consignment.