A Step By Step Breakdown of My Consignment Process for My Online Reselling Business

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  • เผยแพร่เมื่อ 1 ธ.ค. 2024

ความคิดเห็น • 28

  • @thriftedflip
    @thriftedflip 2 ปีที่แล้ว +3

    A consignment business can be huge. Wanted to support my fellow TH-camr / Reseller by watching, liking and commenting on another great vid - Keep up the good work my friend! 👍

  • @laposherjen
    @laposherjen 2 ปีที่แล้ว +1

    Love learning about the different ways everyone does consignment! I’ve thought about doing out of state so this def has me thinking! Thanks for sharing ash! 💕

  • @Charlieprodz10
    @Charlieprodz10 2 ปีที่แล้ว +2

    Would love some tools to start up a consignment side of my business. A spreadsheet would be super helpful. Also maybe a list of brands that you typically accept.

  • @danowelton3221
    @danowelton3221 11 หลายเดือนก่อน

    Thank you for this video, I have many questions if you have the time.
    1. do you sign a contract with them?
    2. what is a typical consignment fee?
    3. how do you record the difference of what ebay pays you and your clients portion?

  • @essiejane1234
    @essiejane1234 2 ปีที่แล้ว +2

    So intrigued by consignment! My husband has been spreading the word about my reselling business to his clients and some of them have volunteered their wives’ closets 😅 Do you find that your final payout is similar to if you had sourced the item yourself or is it less? Not having to invest $$ up front is definitely a perk!

    • @reclothcollection5142
      @reclothcollection5142  2 ปีที่แล้ว

      Omg he is the best! And i do find my payout is less and what i pay to the client is a lot more than I may spend myself

  • @showgirltylernyc
    @showgirltylernyc 6 วันที่ผ่านมา

    Hi! Do you organize your inventory manually or do you use a system like resale or consign cloud etc?

  • @WeTHINweekly
    @WeTHINweekly 2 ปีที่แล้ว +1

    You are excellent in organizational skills, so to have your ‘Consignment Tools’ would help others keep up confidence in using online consignment with resale businesses that cross-list and all that offers to get items in front of larger user bases.

  • @illzingu
    @illzingu ปีที่แล้ว

    Hi! Great video. How do you authenticate luxury items? Thanks!

  • @n.s.8015
    @n.s.8015 2 ปีที่แล้ว

    Thank you for this video! It's something I've been thinking about though don't have the time for it just yet.
    On another topic, I'm wondering whether you have any thoughts on the Posh Algorithm? From the beginning I've stayed away from brands that are oversaturated, so I think that helps with the search issues, but I'm still experiencing a serious dip. Curious about your experience if it's something you're up for sharing?

    • @reclothcollection5142
      @reclothcollection5142  2 ปีที่แล้ว +1

      When it first changed back in Feb, I noticed a serious decline in sales! Once it changes back (semi) in march, things have been more normal!

    • @n.s.8015
      @n.s.8015 2 ปีที่แล้ว

      @@reclothcollection5142 Thanks for sharing!

  • @cydni1997
    @cydni1997 2 หลายเดือนก่อน

  • @angelabergmannfitness8123
    @angelabergmannfitness8123 ปีที่แล้ว

    I am in the DFW area - do you accept Zumba Wear for consignment?? I am an instructor and have a TON of pieces that are both NWT and used/fantastic condition that I just do not have the time or energy to place on Poshmark or Mercari, etc for resale. I wish I had the time/energy to do a business like you do but just with Zumba Wear. I know that I would have a never ending stream of other instructors that want/need to sell their new/used Zumba Wear items!

  • @laurag509
    @laurag509 2 ปีที่แล้ว

    What are the rules for the owner of the store to the person that brings the items ? Also is the person in charge of the store responsible for any damage of an item?

    • @reclothcollection5142
      @reclothcollection5142  2 ปีที่แล้ว

      If I were to damage anything, i would pay out the consignor!

    • @laurag509
      @laurag509 2 ปีที่แล้ว

      @@reclothcollection5142 so if a costumer breaks something, do you pay for that damage ?

    • @laurag509
      @laurag509 2 ปีที่แล้ว

      Also do you make them sign an agreement?

  • @Janedoe-mo6nj
    @Janedoe-mo6nj 2 ปีที่แล้ว

    How do you deal with taxes related to consignment?

    • @reclothcollection5142
      @reclothcollection5142  2 ปีที่แล้ว +1

      That would be a good question to ask an accountant! I personally just use the payout as a “cog”

    • @Janedoe-mo6nj
      @Janedoe-mo6nj 2 ปีที่แล้ว

      @@reclothcollection5142 That's a good idea.

    • @NamirRivera
      @NamirRivera 2 ปีที่แล้ว

      What is Cog ?

    • @womenofgodunited
      @womenofgodunited 2 ปีที่แล้ว

      @@NamirRivera Cost of goods